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Skipton&#39s mini cash Isa savers aid children&#39s charity

Savers with Skipton Building Society have raised more than £300,000 for the National Society for the Prevention of Cruelty to Children.

The savers helped the charity by investing in Skipton&#39s NSPCC mini cash Isa launched in April 1999.

Money is raised for the charity by customers forgoing 0.5 per cent of the interest rate they would normally receive on their account. At the end of each year, the total money raised is presented to the NSPCC&#39s Full Stop campaign to prevent child cruelty.

The NSPCC mini cash Isa pays 4.45 per cent for deposits of £3,000 or more and 3.1 per cent for sums between £500 and £3,000. Two withdrawals of a minimum of £500 are allowed with 30 days&#39 notice.

NSPCC account manager Wendy Hawk says: “Skipton&#39s NSPCC mini cash Isa has done fantastically well in raising vital funds for our charity. Sadly, the need for the services of the NSPCC is as great as ever, as one to two children are killed by their parents or carers every week. Thanks to our partnership with Skipton and the generous help of the savers, we can continue to work towards creating a society where every child has someone to turn to.”

Skipton general manager (sales and marketing) Steve Aldous says: “The NSPCC is under constant pressure to raise money to protect children and this Isa provides a simple platform for savers to do so, as not only will they benefit from tax-free interest on their savings but at the same time they will make a donation to a very worthwhile cause.”

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