Unfortunately, this deal is no longer available
New Easy Access Best Buy Savings Rates 1.2% @ Skipton Building Society
429° Expired

New Easy Access Best Buy Savings Rates 1.2% @ Skipton Building Society

£1Skipton Building Society Deals
26
429° Expired
New Easy Access Best Buy Savings Rates 1.2% @ Skipton Building Society
Posted 15th Sep 2020

This deal is expired. Here are some options that might interest you:

Still measley rates, but the best buy on the market for easy access currently.

Min deposit £1. Rate includes a bonus of 0.5% for 12 months, then will revert to the account standard rate, which is 0.7%

Illustrative example of £1000 deposit over 12 then 24 months:
  • The estimated balance after 12 months with the bonus would be £1,012.
  • The estimated balance after a further 12 months without the bonus would be £1,019.
  • These estimates are based on the following assumptions:
    • The account is opened with £1,000 and interest starts being earned straight away
    • No further deposits or any withdrawals are made
    • The interest is paid annually and added to the account
    • There is no change to the interest rates stated.
Community Updates
Top comments
sossidge15/09/2020 22:18

likely to be around for weeks, or almost certainly days rather than hours …likely to be around for weeks, or almost certainly days rather than hours - it's 0.04% above the recent best-buy so won't have anyone taking a hammer to their piggy banks just yet. added heat as it's the best available, but not worth losing sleep over to open it tonight


Yeah. I'm not going to bother switching from ns&I, not worth the faff for such a measley difference!
26 Comments
Looks ok 🤑
Can’t get on their site
Cumbrian.Hammer15/09/2020 22:10

Can’t get on their site


Just been released, and think it's in Martin Lewis' email this week, so no doubt overloaded. Try again tomorrow?
spongebob191315/09/2020 22:14

Just been released, and think it's in Martin Lewis' email this week, so no …Just been released, and think it's in Martin Lewis' email this week, so no doubt overloaded. Try again tomorrow?


Might be gone by tomorrow
Edited by: "Cumbrian.Hammer" 15th Sep
likely to be around for weeks, or almost certainly days rather than hours - it's 0.04% above the recent best-buy so won't have anyone taking a hammer to their piggy banks just yet. added heat as it's the best available, but not worth losing sleep over to open it tonight
sossidge15/09/2020 22:18

likely to be around for weeks, or almost certainly days rather than hours …likely to be around for weeks, or almost certainly days rather than hours - it's 0.04% above the recent best-buy so won't have anyone taking a hammer to their piggy banks just yet. added heat as it's the best available, but not worth losing sleep over to open it tonight


Yeah. I'm not going to bother switching from ns&I, not worth the faff for such a measley difference!
Opened, thanks
Maybe, I think higher interest rates are overdue and need to come in to shape the market again.
Be aware that you only get this rate for 12 months and then it drops by 0.50%.

Also op if this deal came from the MSE site then as a courtesy you should credit them in the deal description.. If not then no worries.
Can't see this changing for the foreseeable. I know it happened many years ago, but an interest rate rise to rates seen in the past would bankrupt probably more than half the country. Especially with all these PCP deals, credit card borrowing, Lease cars etc.
spongebob191315/09/2020 22:19

Yeah. I'm not going to bother switching from ns&I, not worth the faff for …Yeah. I'm not going to bother switching from ns&I, not worth the faff for such a measley difference!


Is there any reason you didn't include the 0.5% bonus for keeping your money in for 12 months? Makes it worth the move if you are parking it for the next year.
Opened an account this morning
Well it was easy enough to open one this morning. It's rather irritating to find that it seems to require an app though.
kipster16/09/2020 08:22

Is there any reason you didn't include the 0.5% bonus for keeping your …Is there any reason you didn't include the 0.5% bonus for keeping your money in for 12 months? Makes it worth the move if you are parking it for the next year.


because the 0.5% bonus is included in the 1.2%?
That includes a bonus of 0.5% for the first year so, to get a decent rate, people will have to move their money next year. For this reason, not sure this is such a great deal...
absolutebeginner16/09/2020 08:48

That includes a bonus of 0.5% for the first year so, to get a decent rate, …That includes a bonus of 0.5% for the first year so, to get a decent rate, people will have to move their money next year. For this reason, not sure this is such a great deal...


It is often the way with a lot of easy access savers. Marcus was bonus rate, post office have done bonus rates, nationwide etc.

It's a bit like broadband, gas elec etc. Best to switch often once the intiial deal reaches the end.
Is the interest paid end of year or piecemeal
Closed my other easy account with Skipton and moved to this one, thanks!
Marcus bonus rate is ending soon, good time to switch
Looks like it's gone now. Explains why Skipton's website is super smooth again.
that didn't last long
This has expired
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