Fixed Rate

Skipton Building Society 1 Year Fixed Rate Bond Review

A one-year fixed rate bond from Skipton Building Society. It ranks 54th of 69 one-year fixed rate bonds we track.

Fixed rate · 1 year

4.15%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£500

Max balance

No limit

Access

At maturity only

Interest paid

Annually

How It Stacks Up

Ranks 54th of 69

1-year fixed bonds we track

Below average
This account 4.15%
UK CPI (Aug 2026)
3.10%
Pays 1.05% more
Average 1-year fixed
4.47%
Pays 0.32% less
Best 1-year fixed
5.12%
Pays 0.97% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

Compare fixed bonds

Pros and cons

  • Pro: New and existing savers
  • Con: Your money is locked in for 1 year

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Estimated returns with Skipton Building Society's Fixed Rate

What you could earn with Skipton Building Society's 1 Year Fixed Rate Bond.

Estimated interest

£1,000 saved

£41.50

At 4.15% AER

£5,000 saved

£208

At 4.15% AER

£10,000 saved

£415

At 4.15% AER

£50,000 saved

£2,075

At 4.15% AER

Estimated over one year, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Work out the tax on your interestSee how much of this interest could be taxed.

Our Expert Opinion on Skipton Building Society 1 Year Fixed Rate Bond

Jan WatermannCo-Founder, DepositScout

Skipton's 1 Year Fixed Rate Bond pays 4.15%, which does beat August 2026 CPI of 3.1% by 1.05%, so your money at least grows in real terms over the year. That said, 4.15% sits below the market average for fixed-rate accounts, and 1.20% behind the category leader at 5.35%, which is a meaningful gap. You need just £500 to open it, which suits smaller savers, but the money is locked until maturity with no access at all. If you can shop around, OakNorth Bank's Fixed Term 12 Months is available at 4.96% for the same one-year term.

Compare Fixed Rate Bonds

2 alternatives to Skipton Building Society's 1 Year Fixed Rate Bond

Same type of account, closest on rate.

Common questions about the 1 Year Fixed Rate Bond

D

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