Thread: Skipton Building Society, best 5 year fixed rate ISA, interest rate of 4.5%.

Sadly the Skipton have dropped their best 5 year fixed rate ISA interest rate to 4.5% (from 5%), for more information check here:
Fixed Rate Cash ISA - Skipton Building Society - mutual matters

details on Skipton Fixed Rate Cash ISAs:

• A minimum opening and operating balance of just £500 by cash (branch only), cheque or transfer from another provider.
• Once opened, you can invest your 2010/2011 tax year allowance of £5,100 until the product becomes closed to investments, which may be at any time and at short notice.
• You can only invest in subsequent tax years where the product has not become closed to investments.
• Payments into your account can be made by cash (branch only), debit card, cheque or external transfer from another bank or building society. Annual subscriptions must always be transferred in full for the current tax year.
• Transfers in from other cash ISAs are allowed. We must have your transfer application form before the product is closed to investments. You then have up to 30 days for your current ISA provider to send us the funds.
• Full balance withdrawals, and subsequent closure of your account can be made subject to the loss of 180 (240 for the 5 Year Fixed Rate Cash ISA) days interest. If you close or transfer your ISA account, the 180 (240 for the 5 Year Fixed Rate Cash ISA) day interest penalty will be taken from the capital invested if there is insufficient accrued interest on the account. This means that you may get back less than you paid in. Full balance transfers to other ISA providers are subject to 180 (240 for the 5 Year Fixed Rate Cash ISA) days loss of interest.
• Partial withdrawals and transfers out are not permitted.