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Member savings accounts

Score for Skipton Building Society

Our member savings accounts

Account name Interest rate Product overview Ways to apply
Member Regular Saver Issue 3
7.00% gross pa/AER fixed for 12 months
  • Save from £1. If you save the maximum of £250 a month for the 12 month term, your savings including interest could total £3,113
  • No withdrawals, early closure allowed
  • Interest paid annually
  • Exclusively for Skipton members who joined on or before 11/01/24
Member exclusive
Member Bonus Saver Issue 1
5.50% gross pa/AER variable
(Including a 1.70% fixed bonus for 12 months)
  • Save from £1 up to £3,000
  • After 12 months, the variable rate without the bonus will apply
  • Interest paid annually
  • Withdrawals permitted
  • Exclusively for Skipton members who joined on or before 11/01/24
Member exclusive
1 Year Fixed Rate Member Bond Issue 1
5.00% gross pa/AER fixed
  • Save from £500 up to £15,000
  • No withdrawals or early closure
  • Exclusively for existing members who joined on or before 12/06/2024 and don't already have this product
  • Pay in until 07/08/2024
  • Transfers into a 1 year fixed rate bond at the end of the fixed term, unless you choose otherwise
Member exclusive
3 Year 66+ Member Income Bond Issue 1
4.50% gross /AER fixed
  • Save from £10,000 up to £25,000
  • No withdrawals or early closure
  • Exclusively for existing members aged 66+ who joined on or before 12/06/2022 and don't already have this product
  • Pay in until 07/08/2024
  • Interest paid monthly to a non-Skipton account in your name
Member exclusive

Frequently asked questions

All Member savings accounts

If you have a mortgage with us or personal savings account with a minimum balance of £1, you’re a member of the Society.

If you operate an account on someone else’s behalf, for example, as an attorney or personal representative, you are not the member – membership stays with the customer named on the account.

If your account allows regular withdrawals, the easiest way to set up a standing order is to use our web chat service using the pink chat icon which will display at the bottom of the screen when it is available.

If you want to send money from a UK bank or building society, please use the following banking details:

Important Information

We use Barclays for our banking services. So, when you are receiving or sending payments, the transaction may show up on your records as Barclays.

When setting up Skipton Building Society as a new payee, you may be asked by your provider what type of payee you would like to set up. Please select ‘business’ or ‘large business’ and remember to add your account number as the reference.

You can find other ways to pay in on our Paying in page.

Fixed Rate Member Bond

You can apply for a member savings account if you're an existing member who has held continuous membership since 12 June 2024 or before.

Our Fixed Rate Bonds don't allow withdrawals or early closure during the fixed term. We will contact you shortly before the end of the fixed term to let you know your options at that time.

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.

66+ Member Income Bond

You can apply for a member savings account if you're an existing member aged 66 and over who has held continuous membership since 12 June 2022 or before.

The interest will be paid monthly into an external bank or building society account in your name, on the same date in the month that you opened the account.

Our Fixed Rate Bonds don't allow withdrawals or early closure during the fixed term. We will contact you shortly before the end of the fixed term to let you know your options at that time.

At the end of the fixed term, which is known as ‘maturity’, your account will automatically transfer into an Easy Access account paying a variable rate of interest 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.

Member Regular Saver

You can apply for a member savings account if you're an existing member who has held continuous membership since 11 January 2024 or before.

You can’t withdraw part of your account balance during the 12-month term; however, you can close your account at any time and withdraw the full balance.

You can close your account at any time.

Member Bonus Saver

You can apply for a member savings account if you're an existing member who has held continuous membership since 11 January 2024 or before.

Yes, withdrawals can be made at any time.

You can close your account at any time.

Other ways to save

If our member savings accounts are not right for you, we have a range of other types of savings accounts.

You're protected up to £85,000

Your eligible deposits with Skipton Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

Learn more about the FSCS

FSCS - Protecting Your Money
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