Skipton International has launched its new 90 Day Base Rate Tracker, a sterling offshore savings account that pays the Bank of England base rate and offers access to funds with 90 days’ notice.
The new account expands Skipton International’s savings range, providing savers with a straightforward way to benefit from movements in UK interest rates through a notice-based offshore product.
While available to customers internationally, the launch brings a distinctive proposition to the Channel Islands savings market, where products offering a direct link to the Bank of England base rate remain relatively uncommon.
The launch follows Skipton International being named Offshore Account Provider of the Year for the fifth consecutive year by Moneyfacts, one of the UK’s longest-established independent financial comparison websites.
Aaron Walden (pictured), Senior Commercial Manager, said: “Our new 90 Day Base Rate Tracker gives customers another option for their savings, combining a competitive return with the flexibility of a 90-day notice account.
“We’re continually reviewing our range to ensure it meets the evolving needs of Channel Islanders, UK residents and our customers around the world.
“This product is another example of our commitment to developing savings products that deliver value, flexibility and choice, backed by the personal service our customers value.”
Available in sterling with a minimum balance of £10,000, the account complements Skipton International’s existing range of offshore savings products.
To find out more about the 90 Day Base Rate Tracker, visit: 90 day Base Rate Tracker | Skipton International Ltd
