Fixed Rate

Skipton Building Society 2 Year Fixed Rate Bond Review

A two-year fixed rate bond from Skipton Building Society. It ranks 38th of 63 two-year fixed rate bonds we track.

Fixed rate · 2 years

4.50%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 38th of 63

2-year fixed bonds we track

Below average
This account 4.50%
UK CPI (Aug 2026)
3.10%
Pays 1.40% more
Average 2-year fixed
4.61%
Pays 0.11% less
Best 2-year fixed
5.16%
Pays 0.66% 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 2 years

Please verify all details with the provider – see our Disclaimer

See all Skipton Building Society accounts

Estimated returns with Skipton Building Society's Fixed Rate

What you could earn with Skipton Building Society's 2 Year Fixed Rate Bond.

Estimated interest

£1,000 saved

£92.02

At 4.5% AER

£5,000 saved

£460

At 4.5% AER

£10,000 saved

£920

At 4.5% AER

£50,000 saved

£4,601

At 4.5% AER

Estimated over the 24-month term, 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 2 Year Fixed Rate Bond

Jan WatermannCo-Founder, DepositScout

Skipton's 2 Year Fixed Rate Bond pays 4.50%, which is 1.40% above CPI inflation of 3.1% (Aug 2026), so your money does grow in real terms, but the rate sits below the market average and 0.85% behind the best fixed rate available at 5.35%. The £500 minimum is low enough for most savers, though the money is completely locked away until maturity. If you want a two-year fix, Kent Reliance's 2 Year Fixed Rate Bond at 4.91% is worth a look first.

Compare Fixed Rate Bonds

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

Same type of account, closest on rate.

Common questions about the 2 Year Fixed Rate Bond

D

DepositScout Alerts

2 minutes ago

Easy Access rate just dropped

A top provider just cut their rate. Here's what you need to know about the latest market shift.

Nationwide FlexSaver Rate Down
4.20% AER
4.75%
View Best Rates
Live Market Tracking

Be the first to know when this Skipton Building Society rate drops.

Join 1,000+ savers using DepositScout who get instant email alerts when top UK savings rates change. Never miss out on a better deal again.

Takes 30 seconds · No spam · Unsubscribe any time