Skipton Building Society has introduced a pair of fixed-rate savings options to the market today, giving savers the chance to lock in returns over different timeframes.
Both products became available on 26 February 2026 and are accessible to existing members as well as new customers.
The mutual lender’s new 18-Month ISA delivers a four per cent fixed rate, while its 3-Year Bond offers 3.85 per cent for those willing to commit their funds for a longer period.
Savers can apply through multiple channels, including the society’s branches, its website, mobile application or telephone banking service.
The launch coincides with Skipton’s announcement of its 2025 annual results.
The 18-Month ISA requires a minimum deposit of £5,000, with savers able to invest up to £1million in the account.
Those who need to access their money early can make withdrawals, though they will forfeit 90 days’ worth of interest as a penalty.
The 3-Year Bond has a lower entry point, accepting deposits from just £500 up to the same £1million ceiling.
However, this product does not permit any withdrawals or early access during the fixed term.
Skipton Building Society has introduced a pair of fixed-rate savings options to the market today
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Interest on both accounts is credited annually.
Customers wishing to open either product can do so via branch visits, the Skipton website, the society’s mobile app or by calling directly.
Alex Sitaras, Head of Savings & Partnership Products at Skipton Building Society, said: “Our latest fixed-rate products offer competitive returns and give customers the certainty they’re looking for in their savings.
“At Skipton, we’re committed to helping people make their money work harder with straightforward, good-value options for both new and longstanding members.”
Throughout 2025, Skipton delivered interest rates averaging 0.68 per cent above the market rate to its savers
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GETTYThe new products arrive as the building society reports its savings book has surpassed £30billion for the first time, representing growth of 7.8 per cent over the year.
Throughout 2025, Skipton delivered interest rates averaging 0.68 per cent above the market rate to its savers.
This approach returned £195.7million in value to members through above-market rates.
The wider Skipton Group delivered a robust financial performance in 2025, with half of all new mortgage lending going to first-time buyers, up from 44 per cent the previous year.
Membership across the society expanded by four per cent to exceed 1.32 million
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GETTYThis record level of support helped more than 26,000 people purchase their first property, reaching a target the organisation had originally set for 2028.
Membership across the society expanded by four per cent to exceed 1.32 million.
Stuart Haire, Group Chief Executive, said: “We are pleased with our performance, whilst remaining focused on what matters most as a mutual: supporting our members and investing for the long term.”
The group’s mortgage book grew to surpass £33billion, while housing affordability sits at its lowest point in 17 years.