Skipton 1 Year E-Bond Issue 3 paying 3.05%

Skipton Building Society has launched an attractive new e-bond offering 3.05% p.a. AER. The 1 Year E-Bond Issue 3 will allow customers to invest between £500 and £1,000,000 (£2,000,000 for joint applications).

It will replace the Society's 1 Year E-Bond Issue 2, which is due to be withdrawn on Friday.

The new bond complements Skipton's varied range of savings accounts, including  the Society's My Savings goal based savings range (2.50%), Telephone Saver (up to 2.25%), its recently launched ISA range which offers rates of up to 4.00% and its other e-bonds which pay from 2.50% to 4.1% over terms of six months to five years. It further reinforces Skipton's commitment to offering consistent, long term good value products which are transparent, with no catches - as well as regular special offers providing extra rewards for customers.

Louise Penfield, Senior Product Manager for Savings at Skipton, said: "This is the third e-bond of its kind that we have launched in recent weeks. Each previous product has proved incredibly popular, selling out in a matter of days - which demonstrates the current urgency among UK savers to achieve decent value on their investments.

"At Skipton we're committed to doing what we can to meet their needs - through the latest competitive bond launching on Friday, and our impressive range of other attractive savings options."