This comparison simply includes all savings accounts.
Skipton Instant Access Savings Accounts
Why we like it: No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)
Why we like it: Tax free ISA account. Open with £1 or transfer in existing ISA funds. Invest up to £20,000 per tax year. Interest can be paid into account, alternative Nationwide savings or current account, or an external current account. Must be UK resident and aged 16 or older. Headline interest rate applicable if no more than 1 withdrawal per account year, fFor 2 or more withdrawals the interest rate drops to 0.50% AER. FSCS Protected
Why we like it: Unlimited withdrawals subject to 30 days notice.
Why we like it: Earn 1.00% gross/AER on balances from £1,000 to £1 million. Unlimited withdrawals without restriction or loss of interest.
Why we like it: 5.00% interest for 12 months on balances up to £2,500 for the first year. You must pay in £1,000 or more each month to receive interest (excluding transfers from any Nationwide account held by you or anyone else). 12 month fee-free arranged overdraft available. No monthly fee. Must be aged 18 or older.
Why we like it: Earn 1.50% AER (variable) interest on balances up to a maximum of £20,000. Up to 3% CASHBACK on various household bills. Monthly fee of £5. Must pay in £500 pm.
Skipton Instant Access Savings Accounts
Skipton is a members focused building society that offers business and personal banking services. They have a variety of high interest accounts including high interest instant access savings accounts.
Skipton Everyday Saver Account
The Skipton Everyday Saver account provides you with an account that you can put aside savings, as well as enjoy the freedom of instant access. The Everyday Saver account from Skipton allows you to make a deposit whenever you need and enables you to make unlimited withdrawals, with no additional fees.
The Skipton Everyday Saver account gives you the opportunity to earn the best monthly interest that high street banks have to offer, as it boasts competitive interest on your savings. The account has features that make it suitable for students, young professionals, over 50s, those looking towards retirement and retired individuals. There is no age restriction to open a Skipton Everyday Saver account, which makes it a perfect savings account for over 60s.
- Competitive interest rates
- Open an account with just £1
- Minimum balance to receive interest of £100
- Maximum balance of £1 million
- Easy saver rates
- Unlimited withdrawals
- Manage your accounts instantaneously with online access
In addition, Skipton won the 2017 Best National Building Society award from “What Mortgage” for helping their customers to manage their money better.
Review our table above to compare the Skipton savings account with other instant access high street savings accounts.
Quick online application setup from Skipton
With UK savings rates at an all time low you need to take action to ensure your savings are getting the best interest deal possible.
Savings accounts’ rates fail to provide savers with interest that combats the effects of inflation. As a result, people are losing money in real terms. There are plenty of savings accounts available to the general public; however, the majority of them do not give savers any financial advantage. The reason for interest rates staying below the rate of inflation is that savings accounts’ interest rates are heavily influenced by the base rate set by the Bank of England. We can help you compare a selection of some of the best interest paying accounts.
For savers looking to access their money regularly, a good instant access savings account will offer flexible withdrawal facilities while combining these with a good rate of interest.
See here for a comparison of leading UK instant access accounts