Skipton Building Society savings rates — compare every account, plus switch offers and guides

Who they are

Skipton Building Society was established in 1853 in Skipton, England, where it remains headquartered. It is the UK's fourth largest building society, with over one million members and more than 100 branches. As a mutual, it is owned by its members rather than outside shareholders - which means profits are directed back into the business rather than paid out to investors. Its stated purpose is to help people have a home, save for the future, and enjoy long-term financial security.

All savings held with Skipton are protected up to £120,000 per person under the Financial Services Compensation Scheme - a higher limit than the standard £85,000 that applies to banks, reflecting its building society status.

Savings accounts

Skipton offers one of the broadest savings ranges you will find at a building society. There is something here for most types of saver.

For those who want to drip money in each month, the Regular Saver pays 5.75% variable for existing members, and 5.25% for non-members - with the non-member version tracking 1.50% above the Bank of England base rate. Both are competitive, though the non-member account does not allow withdrawals during the term.

For flexible access, the Member Easy Access Saver pays 4.25% variable with withdrawals allowed. If you are happy with limited dips into your pot, the Two Access, Four Access, and Six Access Savers offer 3.90%, 3.65%, and 3.30% respectively - with the rate stepping down as you get more withdrawal flexibility. There is also a straightforward Easy Access Saver, though its rate is more modest.

On the fixed side, Skipton runs a full ladder from one year out to five years, starting at 4.00% and rising to 4.76% for a five-year commitment. The 15-month and 18-month bonds sit at 4.42% and 4.51%, and the two and three-year options pay 4.50% and 4.55%. A minimum balance of £500 applies to all fixed bonds.

ISA options

Skipton's ISA range is equally wide. For cash ISA savers wanting a variable rate, there is a Cash ISA Base Rate Tracker at 4.07%, which tracks 0.32% above the Bank of England base rate for 24 months. The Four Access and Six Access Cash ISA Savers mirror the easy-access structure, at 3.65% and 3.30%.

Fixed Cash ISAs follow the same ladder as the bonds - 4.00% for one year up to 4.76% for five years, with penalties for early closure ranging from 60 days' interest on the one-year to 365 days' interest on the five-year. The 18-month Fixed Rate Cash ISA pays 4.51%, with a £500 minimum.

Skipton also offers a Junior Cash ISA at 3.80% variable, with money locked until the child turns 18, and a Cash Lifetime ISA at 2.05% variable - one of the few LISA providers that will accept transfers in from other cash LISAs, stocks and shares LISAs, cash ISAs, and Help to Buy ISAs.

Is it right for you?

Skipton is a solid choice if you want a well-established name, branch access, and a wide choice of accounts under one roof. The member-only easy access rate and the higher Regular Saver rate give existing members a genuine advantage worth factoring in if you are already a customer.

There are no switch offers currently available. Rates on all variable accounts can change, so it is worth revisiting your account periodically rather than setting and forgetting.

As ever, the live rates shown on this page are the most up-to-date figures - check them before applying, as Skipton's rates do move over time.