The interest rate of Skipton’s instant access savings accounts is variable, and you can opt for either monthly or yearly interest payments. In this way the account is fairly similar to many of the others being advertised. Some of this other instant access savings accounts differ from Skipton's in that they offer a tiered rate of interest or limit the amount of withdrawals you can make in a set time period.
One thing that sets Skipton’s instant access savings accounts apart from some of its competitors is the fact that it is does not offer an introductory bonus on its interest rate, a feature that other banks use to make deals look more attractive to customers, but you have to remember to switch when the introductory bonus period ends.
Make sure to take the time to compare Skipton’s instant access savings accounts with some of the others available using the product comparison tables on this page.