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Your support makes all the difference.The deal
The Skipton building society is celebrating its 160th anniversary by offering two new savings accounts.
Good points
The 160-day bond pays 2.25 per cent fixed until 13 December 2013 on between £500 and £5,000. Meanwhile a special edition Regular Saver account pays 3 per cent on deposits of up to £160 per month for a year.
Bad points
They're both short-term deals, which are not much good for those savers looking to lock away nest-eggs and get a decent return.
Conclusion
If you have savings then the bond pay rate is not bad, but stashing cash in it will mean finding a new home for savings come December. A longer-term lower rate may prove more convenient and actually more lucrative.
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