Skipton International launches 2.25% savings account

Guernsey-based savings specialist Skipton International has launched a new variable-rate savings account offering interest rates of up to 2.25 per cent.

The International Premium 90 product is available to both offshore individual savers and business deposit accounts, and offers two different tiers.

Balances of between £10,000 and £99,000 earn two per cent gross/AER, payable on an annual basis, with those of over £100,000 gaining 2.25 per cent.

For account holders seeking monthly interest payments, slightly lower rates of 1.8 per cent and two per cent are available.

Withdrawals for sums of £1,000 or more are only permitted after 90 days notice has been provided.

An account may be opened with a minimum deposit of £10,000, with £5 million the maximum amount permitted.

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2010-06-17 13:42:39 © Moneyextra.com