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Is it safe? / Skipton BS

Is Skipton BS safe?

Yes — Skipton BS is FSCS-protected. Deposits up to £120,000 per person (£240,000 for joint accounts) are covered under the Skipton Building Society banking licence (Skipton Building Society (mutual)).

Protection

FSCS to £120,000

Licence holder

Skipton Building Society

Parent company

Skipton Building Society (mutual)

Skipton BS's current savings rates

  • Bonus Saver Issue 174.26% AER
  • Branch Bonus Saver Issue 174.26% AER
  • Two Access Saver (Issue 1)4.15% AER
  • Branch Two Access Saver (Issue 1)4.15% AER

From the daily rates scrape. Compare every provider →

Worth knowing

FSCS also covers temporary high balances (house sale, inheritance) up to £1.4m for six months (raised December 2025). Compensation is automatic if a firm fails — typically paid within seven days.

Is Skipton BS safe? FSCS protection | StoozeMax