Skipton launches market leading ISA range

Skipton Building Society has launched a new range of ISA products, offering its customers the best savings rates on the market.

The new range of ISA products offers savers the flexibility of one, two, three and five-year fixed-rate ISAs offering rates of up to four per cent.

For savers looking for a short-term investment the one-year fixed-rate ISA offer a very competitive savings rate of 2.95 per cent for those investing up to £49,999 and 3.10 per cent on £50,000 plus investments.

Kris Brewster, head of products at Skipton, said that the company is looking to encourage people to maximise their tax-free savings allowances and hopes that the new range will inspire people to do that.

The five-year ISA offers a fixed savings rate of 3.50 per annum for investments up to £49,999 and 3.70 per cent for investments over £50,000.

Skipton's new range is available for new and existing customers and replaces the Society's previous ISA range.

A new e-bond was recently released by Skipton, which offers customers the Society's best savings rates online.
 

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2010-11-12 14:14:32 © Moneyextra.com