Skipton Building Society

RG2015

It says the 1.20% is variable and includes a 0.50% bonus is for 12 months.

It doesn't actually say the bonus is fixed although it is implied.

colsten

For iOS users who like FaceID: Skipton have quietly added FaceID login, sometime in the last couple of months. I only discovered it by accident just now. You can turn it on in the app's PIN & Login preferences. Apologies if this is old news to you.

wiseonesomeofthetime

Android still limited to PIN and/or Fingerprint access. Fine for me tbh.

colsten

It had to happen. Rate of Bonus Saver Issue 7 drops from 1.2% to 0.65% (var) on 17 March 2021. Still one of the best legacy instant access rates, though for me it will be back to Al Rayan at 1.02% whilst that one lasts.

Also, the 0.65% includes a 0.5% bonus which lasts until September, so the underlying rate is a mere 0.15%.

quirkydeptless

Was a fabulous rate whilst it lasted. Too good to be true for current environment. I was happy with how the account operated and 0.65% not too bad so pleased with Skipton as a provider over all.
 I have my Al Rayan ready for a back up too, but exactly, whilst it lasts.

SonOfPearl

colsten said:

It had to happen. Rate of Bonus Saver Issue 7 drops from 1.2% to 0.65% (var) on 17 March 2021. Still one of the best legacy instant access rates, though for me it will be back to Al Rayan at 1.02% whilst that one lasts.

Also, the 0.65% includes a 0.5% bonus which lasts until September, so the underlying rate is a mere 0.15%.

Thanks for the heads up. Where did you see the announcement? I haven't had any contact from Skipton directly. A shame, but it was great while it lasted. 

Jibeddy

Likewise I missed this and haven't received any correspondence from Skipton.

I was just waiting for this to happen and seeing this thread reappearing just felt awful!

quirkydeptless

I got a letter Today, first I'd heard of it.

dc_scotland

colsten said:

It had to happen. Rate of Bonus Saver Issue 7 drops from 1.2% to 0.65% (var) on 17 March 2021. Still one of the best legacy instant access rates, though for me it will be back to Al Rayan at 1.02% whilst that one lasts.

Also, the 0.65% includes a 0.5% bonus which lasts until September, so the underlying rate is a mere 0.15%.

The eISA Issue 6 rate also drops on 17 March from 1.00% to 0.50%. 

anxiousnow

Thought this was coming after Coventry's similar account reduced. Drip feeding into regular savers then, or S&S / Prem Bonds. Things are getting pretty dire for savings, even when juggling around and finding best buys etc!