Skipton Building Society savings accounts & rates: Any good?

Can it put a skip in your step? Skipton Building Society offers a broad range of savings accounts with interest rates up to 6.5%.

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Skipton Building Society

Skipton has been providing for UK customers since 1853, growing to become one of the UK’s largest building societies.

Skipton Building Society offers a range of products targeted at those saving for their future and potential home ownership, including savings, mortgages, retirement, insurance, and legacy-based services.

Skipton Building Society's top savings rate of 6.5% is available on one of its regular savings accounts.

Easy access savings accounts

Table: sorted by interest rate
Skipton Building Society's best easy access rate of 4.35% is significantly lower than today's market-best rate of 6.89%.
1 - 5 of 13
Product Account type Withdrawals Min. opening balance Rate Deposit protection Open via Incentive
Skipton BS – Quadruple Access Cash ISA Saver Issue 1
Skipton Building Society logo
Cash ISA
Instant access
£1
4.35% AER variable
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone.
Go to siteView details
Skipton BS – Quadruple Access Branch Cash ISA Saver Issue 1
Skipton Building Society logo
Cash ISA
Instant access
£1
4.35% AER variable
FSCS logo
protected
Open via: branch, post, telephone.
Go to siteView details
Skipton BS – Single Access Saver Issue 7
Skipton Building Society logo
Variable
Instant access
£1
4.15% AER variable
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone.
Go to siteView details
Skipton BS – Branch Single Access Saver Issue 7
Skipton Building Society logo
Variable
Instant access
£1
4.15% AER variable
FSCS logo
protected
Open via: branch, post, telephone.
Go to siteView details
Skipton BS – Branch Cash ISA Saver Issue 24
Skipton Building Society logo
Cash ISA
Instant access
£1
3.05% AER variable
FSCS logo
protected
Open via: branch, post, telephone.
Go to siteView details
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Cash ISAs

Table: sorted by interest rate
Skipton Building Society's best cash ISA rate of 4.35% is slightly lower than today's market-best rate of 5.32%.
1 - 5 of 21
Product Rate Minimum investment Interest paid Withdrawals Deposit protection Open via Incentive Table product description
Skipton BS – Quadruple Access Cash ISA Saver Issue 1
Skipton Building Society logo
4.35% AER variable
£1
Anniversary of account opening
Instant access
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone.
Go to siteView details
Skipton BS – Quadruple Access Branch Cash ISA Saver Issue 1
Skipton Building Society logo
4.35% AER variable
£1
Anniversary of account opening
Instant access
FSCS logo
protected
Open via: branch, post, telephone.
Go to siteView details
Skipton BS – 18 Month Fixed Rate Branch Cash ISA Issue 274
Skipton Building Society logo
4.25% AER fixed for 1.5 years
£5,000
Anniversary of account opening
Withdrawals not permitted
FSCS logo
protected
Open via: branch, post, telephone.
Member ISA Transfer Offer of a £50 John Lewis gift card available for qualifying ISA transfers of at least £10K from another ISA provider into a new Fixed Rate Cash ISA with Skipton BS. Must hold a continuous membership with Skipton BS (a Savings Share account or Mortgage) starting on or before 12.3.25 with a minimum balance of £1, to be eligible. Offer is valid until it is withdrawn, which may be anytime before 9am on 8.5.25, and without notice. Terms and conditions apply.
Go to siteView details
Skipton BS – 18 Month Fixed Rate Branch Cash ISA Issue 274
Skipton Building Society logo
4.25% AER fixed for 1.5 years
£5,000
Monthly
Withdrawals not permitted
FSCS logo
protected
Open via: branch, post, telephone.
Member ISA Transfer Offer of a £50 John Lewis gift card available for qualifying ISA transfers of at least £10K from another ISA provider into a new Fixed Rate Cash ISA with Skipton BS. Must hold a continuous membership with Skipton BS (a Savings Share account or Mortgage) starting on or before 12.3.25 with a minimum balance of £1, to be eligible. Offer is valid until it is withdrawn, which may be anytime before 9am on 8.5.25, and without notice. Terms and conditions apply.
Go to siteView details
Skipton BS – 18 Month Fixed Rate Cash ISA Issue 274
Skipton Building Society logo
4.25% AER fixed for 1.5 years
£5,000
Monthly
Withdrawals not permitted
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone.
Member ISA Transfer Offer of a £50 John Lewis gift card available for qualifying ISA transfers of at least £10K from another ISA provider into a new Fixed Rate Cash ISA with Skipton BS. Must hold a continuous membership with Skipton BS (a Savings Share account or Mortgage) starting on or before 12.3.25 with a minimum balance of £1, to be eligible. Offer is valid until it is withdrawn, which may be anytime before 9am on 8.5.25, and without notice. Terms and conditions apply.
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Fixed-rate bonds

Table: sorted by interest rate
Skipton Building Society's best fixed-rate bond rate of 4.25% is very slightly lower than today's market-best rate of 4.7%.
1 - 5 of 14
Product Rate Invest Interest paid Withdrawals Open via Deposit protection Open via Incentive Table product description
Skipton BS – 18 Month Fixed Rate Branch Bond Issue 274
Skipton Building Society logo
4.25% AER fixed for 1.5 years
£5,000 - £1,000,000
Monthly
Withdrawals not permitted
Branch, post, telephone
FSCS logo
protected
Open via: branch, post, telephone.
Go to siteView details
Skipton BS – 18 Month Fixed Rate Branch Bond Issue 274
Skipton Building Society logo
4.25% AER fixed for 1.5 years
£5,000 - £1,000,000
Anniversary of account opening
Withdrawals not permitted
Branch, post, telephone
FSCS logo
protected
Open via: branch, post, telephone.
Go to siteView details
Skipton BS – 18 Month Fixed Rate Bond Issue 274
Skipton Building Society logo
4.25% AER fixed for 1.5 years
£5,000 - £1,000,000
Monthly
Withdrawals not permitted
Branch, website, mobile app, post, telephone
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone.
Go to siteView details
Skipton BS – 18 Month Fixed Rate Bond Issue 274
Skipton Building Society logo
4.25% AER fixed for 1.5 years
£5,000 - £1,000,000
Anniversary of account opening
Withdrawals not permitted
Branch, website, mobile app, post, telephone
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone.
Go to siteView details
Skipton BS – 3 Year Fixed Rate Branch Bond Issue 274
Skipton Building Society logo
4.1% AER fixed for 3 years
£500 - £1,000,000
Anniversary of account opening
Withdrawals not permitted
Branch, post, telephone
FSCS logo
protected
Open via: branch, post, telephone.
Go to siteView details
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Notice savings accounts

Table: sorted by interest rate
Skipton Building Society's best notice savings account rate of 3.35% is significantly lower than today's market-best rate of 4.85%.
1 - 1 of 1
Product Account type Withdrawals Open with Deposit protection Rate Open via Incentive Table product description
Skipton BS – 120 Day Notice Saver Issue 15
Skipton Building Society logo
Variable
120 days notice needed
£1 - £1,000,000
FSCS logo
protected
3.35% AER variable
Open via: branch, post, telephone.
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Regular savings accounts

Table: sorted by interest rate
Skipton Building Society's best regular savings account rate of 6.5% is slightly lower than today's market-best rate of 7.5%.
Product AER Save Withdrawal notice Interest paid Deposit protection Open via Incentive Table product description
Skipton BS – Member Regular Saver Issue 4
Skipton Building Society logo
6.5% variable (on first £3,000)
£0 to £250 per month
1 year bond
Anniversary of account opening
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone. Existing members only
Go to siteView details
Skipton BS – Member Branch Regular Saver Issue 4
Skipton Building Society logo
6.5% variable (on first £3,000)
£0 to £250 per month
1 year bond
Anniversary of account opening
FSCS logo
protected
Open via: branch, post, telephone. Existing members only
Go to siteView details
Skipton BS – Home Deposit Saver Issue 3
Skipton Building Society logo
4.56% variable (on first £12,000)
£0 to £500 per month
2 year bond
Anniversary of account opening
FSCS logo
protected
Open via: branch, website, mobile app, post, telephone.
Go to siteView details
Skipton BS – Branch Home Deposit Saver Issue 3
Skipton Building Society logo
4.56% variable (on first £12,000)
£0 to £500 per month
2 year bond
Anniversary of account opening
FSCS logo
protected
Open via: branch, post, telephone.
Go to siteView details
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Business savings accounts

Table: sorted by interest rate
Skipton Building Society's best business savings account rate of 2.9% is significantly lower than today's market-best rate of 4.65%.
1 - 2 of 2
Product Interest rate and type Interest paid Invest Term Open via Incentive Table product description
Skipton BS – Community Saver Issue 14
Skipton Building Society logo
2.9% AER variable
Anniversary of account opening
£1 - £1,000,000
Instant access
Open via: branch, post.
Go to siteView details
Skipton BS – Community Saver Issue 14
Skipton Building Society logo
2.9% AER variable
Monthly
£1 - £1,000,000
Instant access
Open via: branch, post.
Go to siteView details
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What is Skipton Building Society's best savings account with the highest interest rate?

The best savings account depends on what you want from your savings. If you're after fast access to your money, then an easy-access account should suit you. However, if you're happy to lock your money away for a time to access a higher rate, then a fixed-rate bond is a good option.

Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below, we've listed the different types of accounts Skipton Building Society offers, plus the highest interest rate currently available.

Savings account types include Easy access, cash ISAs, fixed-rate bonds, notice accounts, regular savers, business
Best easy access rate 4.35%
Best cash ISA rate 4.35%
Best fixed-rate bond rate 4.25%
Best notice account rate 3.35%
Best regular saver rate 6.5%
Best business savings account rate 2.9%
Fixed bond terms 1 year - 5 years
Notice account periods available 120 days
Opening options Branch, website, mobile app, post, telephone
FSCS protection

How do I decide which account is for me?

You need to work out what it is you need from your savings account. Are you looking to put a bit of money away each month? Do you want to put some money away and restrict access to it? Are you hoping to maximise interest?

You need to work out what you need before comparing the different offers available for certain types of savings account. Once you’ve done that, useful guidelines to compare include:

  • Interest rates
  • Fees (if there are any)
  • Access to cash (if you need quick access for instance)

Does Skipton offer online or mobile banking?

Yes. Skipton offers both internet banking and an app, which can be dowloaded from both the Apple Store and the Google Play Store.

When you open an account you’ll be given a Customer ID along with your password and memorable details, to log into your account. Here are some of the basic features of Skipton’s online banking service:

  • Easy to navigate around savings section
  • Manage and arrange transactions
  • Manage personal details and preferences
  • Web Chat and secure messages
  • Website optimised for use on desktop, mobiles and tablets

What is a 'building society'?

A building society is a financial institution owned by its members. They offer banking, and related financial services including mortgages and savings.

Whereas banks are normally listed on the stock market and run for their shareholders, building societies aren’t. Because they don’t have shareholders to pay, building societies have historically claimed to offer better interest and cheaper mortgage rates than banks.

Pros and cons of saving with Skipton Building Society

Pros

  • Well trusted. Skipton has built its reputation over many years with UK customers, and can be regarded as a trusted building society.
  • Better interest rates. Building societies don’t have shareholders to pay, and have usually claimed to offer better interest rates than banks.
  • Customer service. Skipton’s customer service has won them several awards.

Cons

  • No current account options available. Some people may prefer having their current and savings accounts with the same institution.

Customer service information for Skipton Building Society

Email support
Telephone support
In-app or live chat
Contact form
Branch support

Bottom line

Whether you want to lock away your money for a fixed amount of time, or need to be able to access it whenever required, Skipton Building Society offers a range of savings accounts. Don’t forget to check out our top savings rates first, though, to see how they weigh up against the competition in terms of rates, fees and perks.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
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Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio

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