Skipton Offshore Savings Accounts

Skipton Building Society is based in the UK and has origins dating back to 1853.  Skipton International is Skipton’s offshore subsidiary and provides a wide range of offshore savings account deals and mortgages.

 

The main type of offshore savings account offered by Skipton is called the International Easy Access Account. This type of account may provide the following benefits:

 

  • Allows you to make withdrawals without losing interest
  • Tiered interest rates depending on account balance
  • Variable interest rates
  • Balances below £10,000 attract an interest rate of 0.10% AER, significantly lower than rates for balances above this
  • Minimum transaction of £10,000
  • Interest can be credited either monthly or annually.

 

If you are considering opening a Skipton offshore savings account, you may find it beneficial to compare their accounts with the offers from several different providers.  This could help you to find the most suitable offshore savings account deal for your money.

 

Our offshore savings account comparison tables below contain details of a range of accounts currently on offer:

ProviderAccountGross Rate AERTermCurrencyMore Info
   More Info >

* GROSS RATE – The contractual rate of interest payable before deduction of income tax at the rate specified by law.

** AER RATE – AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.

The following is a brief overview of some of Skipton’s other offshore savings accounts that are currently being offered to customers:

 

  • International Access Plus
  • Allows 4 easy access withdrawals each year
  • Minimum transaction £1,000
  • Further withdrawals will be subject to a £25 charge
  • Tiered interest rates

 

  •  International Premium
  • Notice account; available with notice period of either 40, 90 or 120 days
  • Variable interest rates, higher on accounts with longer notice periods
  • Withdrawals must be over £1,000 and be made with the correct notice given
  • Tiered interest rates
  • Monthly or annual interest payments.
Instant Access Savings Accounts Deals
ProviderAccountInterest Rate (AER)TermApply
1.30%Instant AccessMore Info >
MARKET LEADING. Earn 1.30% gross/AER. Instant Access. No notice periods. Unlimited payments and withdrawals. Pay in from £100. RCI Bank are protected up to a total of €100,000 by the FGDR, the French deposit protection scheme. Manage account online.

1.17%

£1More Info >
Earn 1.17% AER variable interest. Interest can be paid monthly or annually. Open an account singly or jointly. Minimum deposit £1. Unlimited deposits and withdrawals permitted. FSCS Protected
1.00%Easy AccessMore Info >
1.00% gross/AER on balances from £1,000 to £1 million. Unlimited withdrawals without restriction or loss of interest.

Gross is the interest you will receive before tax is deducted.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Latest Fixed Rate Bond Deals
ProviderAccountInterest Rate (AER)TermApply

2.25%

per annum

£5,000Apply Now >
Earn 2.25% fixed interest - 3 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected

2.05%

per annum

£5,000Apply Now >
Earn 2.05% fixed interest - 2 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected

2.40%

per annum

£1,000Apply Now >
Earn 2.40% gross/AER fixed for 4 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available. Annual or monthly interest. FSCS Protected
Growth Structured Deposits
ProviderPlan NameMaximum Potential Return*TermMore Info
Kick Out Deposit Plan

4%

per annum

Up to
6 years
More Info >
Capital protected deposit plan with the potential to mature after years 3, 4, 5 and 6. If the plan matures early it will return 4% times the number of years the plan has been in force. Also available for Cash ISA and ISA transfer.
* Maximum Growth Yields are not guaranteed and subject to certain conditions