Aldermore improves long term rates - Savings - News - Moneyfacts


Aldermore improves long term rates

Aldermore improves long term rates

Category: Savings

Updated: 02/02/2011
First Published: 02/02/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Aldermore has significantly increased the rates on offer for its four and five year bonds.

The four year fixed rate account now pays 4.25% (+0.35%), while the five year offers 4.75% (+0.64%).

These fairly dramatic increases to fixed rates enhance the portfolio of Aldermore and will improve its market position.

The four and five year bonds at 4.25% and 4.75% respectively are now market leaders in their respective fields. The ISAs are also now amongst the top rates for their respective terms and have the benefit of permitting withdrawals subject to an interest penalty.

Both the bonds and the ISAs offer monthly options giving investors a regular income option.

Four out of five Moneyfacts stars have been awarded.

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