Skipton Building Society offers new range of ISAs

Skipton Building Society offers new range of ISAs

A lender has launched a new suite of ISAs.

Anyone eager to compare savings on the best ISA deals in the UK in order to maximise their tax-free savings allowance may be interested in a new range of products from one financier.

In news which may also be of note to people with Skipton Building Society fixed rate bonds, the lender has introduced a new suite of packages with rates tiered up to 3.10 per cent in order to help consumers make the most of this opportunity.

Skipton has also launched one, two, three and five-year fixed rate deals as it seeks to offer products ideal for all types of savers as the new ISA season approaches.

Kris Brewster, head of products at the building society, noted: "We're committed to helping people manage their finances responsibly and develop the savings habit, with ISAs as an important lynchpin in any portfolio."

Meanwhile, research by HSBC found recently that many Britons are now more ambitious with their savings plans.

By Emma North
 ADNFCR-2079-ID-800353950-ADNFCR
Thursday, 20 January 2011 00:00
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Top 5 ISAs

Provider
AER
Notice
Min Deposit
Max Deposit
Apply
View Full Table >
3.75%
Fixed term for 2 Years
£100
£50,000
3.70%
Fixed term for 2 years
£10,000
£150,000
3.40%
Fixed term for 2 years
£3,000
£10,000
3.30%
Fixed term for 3 years
£1
£5,640
3.20%
Fixed term until 31/05/2013
£100
£5,340

Progressive BS 2 Year Fixed Rate ISA

Governor Money
  • Account gives you a great rate of 3.75% AER
  • You can open an account with just £100.
  • The maximum balance is £50,000.
  • Early access on full closure only and subject to an Early Closure Charge equivalent to 270 days interest at 3.1% plus a £15 (ex VAT) admin charge
  • YOUR SAVINGS ARE PROTECTED UP TO £50,000 BY THE FSCS - Financial Services Compensation Scheme

Lloyds TSB 2 Year Fixed Rate Cash ISA

Lloyds TSB
  • Fixed interest rates. Earn 3.40% AER/Tax Free* on balances of £3,000 or more fixed for 24 months from account opening. View Fixed Rate Cash ISA interest rates.
  • You have instant access to your money but a withdrawal charge will apply on any amount you take out.
  • Interest rate fixed for 24 months from account opening.
  • Interest calculated on a daily basis and paid on anniversary of account opening and upon account maturity.
  • You can transfer your existing ISA into us, with our ISA transfer form. We may keep you informed of progress of your transfer by SMS text.
  • Continued growth - at the end of the 24 month fixed rate period, your account pays interest at our standard variable Cash ISA Saver (excluding bonus rate).
  • Manage your account through Internet Banking, PhoneBank® or branch.
  • Save up to £5,100 each tax year. The 2011/2012 tax year commencing on 6th April 2011 will allow you to save up to £5340 in that tax year.
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Lloyds TSB 2 Year Fixed Rate Cash ISA

Lloyds TSB
  • Fixed interest rates. Earn 3.70% AER/Tax Free* on balances of £10,000 or more fixed for 24 months from account opening. View Fixed Rate Cash ISA interest rates.
  • You have instant access to your money but a withdrawal charge will apply on any amount you take out.
  • Interest rate fixed for 24 months from account opening.
  • Interest calculated on a daily basis and paid on anniversary of account opening and upon account maturity.
  • You can transfer your existing ISA into us, with our ISA transfer form. We may keep you informed of progress of your transfer by SMS text.
  • Continued growth - at the end of the 24 month fixed rate period, your account pays interest at our standard variable Cash ISA Saver (excluding bonus rate).
  • Manage your account through Internet Banking, PhoneBank® or branch.
  • Save up to £5,640 each tax year. The 2011/2012 tax year commencing on 6th April 2011 will allow you to save up to £5640 in that tax year.
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Chelsea BS Fixed Rate ISA

Chelsea Building Society
  • Guaranteed fixed rate of interest for the duration of the Fixed Rate e-ISA
  • Minimum investment of £100
  • ISA transfers in*** from other providers and deposits up to your 2011/2012 ISA limit, can be made whilst the product remains on sale. Transfer charges may apply, please check with your existing provider
  • Interest paid annually
  • Withdrawals are not permitted during the term
  • Early closure or transfer out to another ISA provider is permitted subject to 90 days loss of interest on the closing balance. Early closure would mean loss of tax free status other than transfers to another ISA provider.
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Virgin 1 Year Fixed Rate e-ISA

Virgin
  • Great rate of 2.90% tax-free p.a./AER
  • Guaranteed fixed rate of interest for the duration of the term
  • Start saving from £1
  • Minimum age 16
  • Online application process to help make opening your Fixed Rate e-ISA easy
  • Withdrawals are permitted during the term with a charge of 60 days loss of interest
  • Transfers are allowed simply complete a Transfer Authority Form
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Virgin 3 Year Fixed Rate e-ISA

Virgin
  • Great rate of 3.30% tax-free p.a./AER
  • Guaranteed fixed rate of interest for the duration of the term
  • Start saving from £1
  • Minimum age 16
  • Online application process to help make opening your Fixed Rate e-ISA easy
  • Withdrawals are permitted during the term with a charge of 120 days loss of interest
  • Transfers are allowed simply complete a Transfer Authority Form
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme