Skipton improves ISA range

Skipton Building Society has announced improvement to its one, two, three and five year fixed-rate ISAs to offer its customers some of the best savings rates on the market.

The suite of ISAs now offers a savings interest rate of up to five per cent for savers looking to lock away their money for a full five-year term.

Skipton's new offering, which claimed the 2010/11 Best Cash ISA award, will replace the previous tiered ISA range and is designed to make it even simpler for people to get the most out of their tax-free savings allowance.

Customers looking to access a one-year ISA can obtain a fixed-rate of 2.95 per cent AER from £500 to £49,999.

Kris Brewster, head of products at Skipton, said: "We're delighted to build on our strong track record for offering our members long term good value savings with this latest range of ISAs offering rates of up to 5.00 per cent."

He also urged savers looking to access the best savings rates to act quickly as the new Skipton fixed-rate ISA is a limited edition account.

Skipton recently launched a range of new mortgage products designed to put borrowers back in the driving seat.
 

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2011-03-04 14:41:05 © Moneyextra.com