How do Skipton member accounts work?
Our range of member savings accounts are here to help you get more from being a member.
The accounts work in a similar way to other savings accounts we offer. It’s important to read the details and check you’re happy with the terms of the account before you open one. Select the relevant product above for more details.
Frequently asked questions
You're a member of the Society if you have a mortgage with us or personal savings account with a minimum balance of £1.
If you stop becoming a qualifying member, you won’t be able to open a member savings account.
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.
There’s a lot more to membership with us. Take a look at our member offers page for more information on ways we could help you.
Discover our latest member offers
As a member you also get a say in how we operate. For example, you could become part of our Member Panel and eligible members can also vote at our Annual General Meeting.
Our promise to our members is that you’re more than a customer. Check out how we’re giving members more.
Other ways to save
If you’re not a member right now, we offer a range of other savings accounts that might suit your goals. Once you have at least £1 saved with us, you will become a member.
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.
Jargon Explained
AER
AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. All ISA interest is paid tax-free, which means it’s exempt from income tax. We pay all non-ISA 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. Please be aware that products can be withdrawn at any time and without notice.