New term account from Skipton International

Called the International Select 180, the account divides into two tiers on the variable rates term offered. Balances from the minimum sum of £10,000 to £99,000 earn 2.50% gross/AER, while accounts over the £100,000 threshold gain the top rate offered which at launch is 2.75% gross/AER. Annual interest is paid out each 5 July and monthly income options are also available and paid on the 5th of each month. Interest an be capitalised to the account or paid away to a chosen account in the holder’s name. Other terms and conditions of this new launch include withdrawals for sums of £1,000...