18 Month Fixed Rate Bond Issue 264

The interest rate is fixed for the term of the account.

The estimated balance at the end of the fixed term would be £5,302 based on the following assumptions:

• the account is opened with £5,000 and starts earning interest straight away
• no further deposits or withdrawals are made
• the interest is paid annually and at the end of the fixed term
• the interest is added to this account.

• This account is available to UK residents aged 16 or over.
• To open and manage this account, a valid email address must be provided.
• You can open and manage it through Skipton Online, in the Skipton App, in branch, by post or phone. You’ll be required to set up appropriate security and access measures. These might differ depending on how you choose to manage the account.
• The minimum opening and operating balance for this account is £5,000.
• Any payments into this account need to be received on or before 18/12/2024. After this, the account will be closed to future payments in.
• The maximum balance for this account is £1 million.
• Joint accounts are allowed, but cannot be opened in the Skipton App.

• You've 14 days from when you open your account to notify us (in writing, in branch or by phone) if you wish to cancel your account.
• You can’t withdraw money until the end of the fixed term.
• At the end of the fixed term, which is known as ‘maturity’, your account will automatically transfer into a new 1 year fixed rate bond, unless you tell us otherwise when we contact you before maturity. You can find out more about the maturity process in term 9 of the further terms and conditions.

• The AER shows what the interest rate would be if interest was paid and added each year.
• We pay all savings interest gross, which means no tax is deducted. It’s your responsibility to pay any tax due, based on your individual circumstances. Tax rules may change in future.
• Accounts can be withdrawn from sale at any time and without notice.