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Skipton Building Society: Savings reviews

Name: Savings
Rating: 4.45 (100 reviews)

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4.48

Based on 100 reviews, last reviewed 28th Apr 2025

47% increase in 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

70%

17%

Latest highest rating:

5

Transfers are quick and easy with instant confirmation Transfers are quick and easy with instant confirmation Reviewed on: 15th April 2025

Latest lowest rating:

2

Long standing customer who has had good service up u... Long standing customer who has had good service up until now. I renewed an isa bond which pays the interest monthly to an external account and worked ... Read more Reviewed on: 28th April 2025

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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 (100)

Review of the Skipton Building Society, Savings:

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

Honest Building Society

Good Customer Service Great App Plenty Of Choice Of Accounts Reviewed on: 16th March 2023

Great lifetime isa

Easy to set up, could see the government money going in each month with helped with savings Reviewed on: 10th March 2023

Great

Great customer service and excellent interest rates. Reviewed on: 9th March 2023

Best rate for flexible isa

Best rate available for flexible isa , automatically increase Reviewed on: 27th February 2023

Love my lifetime ISA

I've managed to save so much with Skipton. I can't thank them enough. I'm nearly at my goal deposit. The app is easy to use and I trust them as a company. Reviewed on: 19th January 2023

Fixed term savings

I have recently converted an obsolete savings account to a fixed term savings. The process was easy once I was through to the right person. I am also relieved to see Skipton getting positive reviews for their tree planting. Reviewed on: 17th January 2023

INCREASED CO2, INCONVENIENCE AND LOW INTEREST ...THATS GOOD!

(As per Skipton BS)! When you discover the account you opened only a few months ago is only paying three quarters the rate new investors are getting, Skipton say that's OK, because you can:- 1)Watch the website like a hawk for new rates 2)Phone up to make an appointment to get updated account (Can take 40 mins to get through). 3)Drive in spending on petrol and parking and increasing CO2. 4)Use your own time, and staff time, transferring to a near identical new account to gain a few pennies interest.(That's why you can't just call in and do it, but need an appointment ... The staff are too busy transferring funds to near identical accounts!) 5)Complete transfer to the new account. After this:- 6)Skipton bring out an account within a few months offering a better rate to new investors. 7)You repeat 1,2,3,4 and 5. 8)Skipton repeat (6) 9)You repeat 1,2,3,4,5,and 7 10)They repeat 6 and 8 .... And so on ad finitum! You lose the will to live and complain. They say:- It's OK:- You can watch the website like a hawk and phone up for an appointment to transfer to a new account ...... again! Reviewed on: 22nd December 2022

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

Simple online procedure and help at hand

I opened a fixed rate bond online and it was pretty simple - a couple of questions which were answered instantly via online chat Reviewed on: 1st August 2022

Lifetime ISA makes saving easy

Hoping to buy our first home, but struggling to put away much money to get the deposit. I heard about Skipton from a friend and now my partner and I both have a LISA and find it easier to put money away knowing the gov top up anything we save. It also stops us from spending it. The accounts were easy to set up and information clear to understand, on the few instances I’ve spoken to staff they have been knowledgeable and friendly. The app is also nice and easy to use. Reviewed on: 29th March 2022

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