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Skipton Building Society: Savings reviews

Name: Savings
Rating: 4.25 (57 reviews)

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4.06

Based on 57 reviews, last reviewed 7th Oct 2024

No new 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

57%

25%

Latest highest rating:

4

A clunky not so ethical building society Has some great products including low value fixed savings, and reg savers, plus the app is easy to use. One of my accounts matured, but getting the mo... Read more Reviewed on: 9th September 2024

Latest lowest rating:

1

Cannot transfer funds, no customer service solution My Husband has (soon to be had) a savings account with Skipton for 1 yr. He wanted to move some funds but the app said he needed to use his nominated ... Read more Reviewed on: 7th October 2024

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About this product

Skipton Building Society savings reviews can help you to find out more about life at Skipton Building Society. How easy is it to contact Skipton Building Society? And how friendly are they? Our Skipton Building Society savings reviews can help you to find out information like this. Smart Money People is an independent source of honest reviews.

Skipton Building Society Savings reviews (57)

Review of the Skipton Building Society, Savings:

ROBBING LOYAL CUSTOMERS!

Skipton's approach these days seems to be to constantly degrade existing customers accounts to ensure they pay less interest than they do new customers (Beware new customers, your time will come!). In the case of my ISA an account opened last year had been degraded to about 75% of the rate offered new investors! And account had already been changed by me last year because exactly the same had happened then! If you don't keep checking, you lose interest. If you do check, you waste time going in to "upgrade" account , causing inconvenience, and extra CO2 caused by extra unnecessary visits! They say they all do it, but compare Nationwide and Family/National Counties who have treated loyal customers fairly throughout. When it's re-opened, it's the same money as before, but change is necessitated by Skipton constantly moving the Goal posts. Come on Skipton, start treating long term loyal customers fairly. You wouldn't be there without us! Reviewed on: 1st November 2022

They're one of the few that offer a Cash LISA

It's been a smooth process and due to the method of transferring the HTB to LISA i got 25% for the entire HTB balanced (which ended on the last tax year). Couldn't be happier. Reviewed on: 9th November 2018

Simple and Efficient

Skilton Life ISA was simple to set up, easy to deposit money each month and the HMRC bonus is instant for helloing first time buyers. The house value is limited to £250k for the U.K. on a help to buy but the Life ISA is £450k Reviewed on: 8th November 2018

One of the best interest rates out there

Very friendly , convenient branch banking Reviewed on: 6th November 2018

Lifetime ISA

Unique opportunity for first time buyers to get onto the property ladder and give themselves security in retirement. Reviewed on: 14th January 2018

The only company to offer an online cash lifetime ISA.

Reliable, unique opportunity to invest in a cash lifetime ISA to give people the opportunity to get on the property ladder or secure retirement. Reviewed on: 14th January 2018

Helping us where the big banks let us down

Skiptons did an amazing job launching the lifetime isa. At a time where house prices are higher than ever it has never been harder to be a first time buyer! Skiptons are giving us a method to cut through the pain and get into our first home quicker! Reviewed on: 8th January 2018

Great Savings Product

I have encouraged both of my children-aged 18 and 20- to open a LISA with Skipton this year. It is great to know that they will both be saving for a house deposit in the future and getting a great bonus. The easy online application helped a great deal. Reviewed on: 1st January 2018

Great advice and customer service

I have had really good advice from the Skipton. No pressurised selling, friendly helpful staff and they contact you if there is a better deal to be had. Reviewed on: 8th November 2017

Only Cash LISA on the market

its been smooth for the most part hoping to transfer in my H2B ISA soon. Reviewed on: 7th November 2017

Could do better

I never really got on with Skipton Building Society. I could not seem to get their online account to work, and I do everything online now so this is a huge annoyance. The staff in my local branch have always been nice and polite though so that is a positive. Unsure whether I'd recommend though, would depend on the person. Reviewed on: 5th July 2017

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