Aldermore increases selected fixed rates - Savings - News - Moneyfacts


Aldermore increases selected fixed rates

Aldermore increases selected fixed rates

Category: Savings

Updated: 03/03/2011
First Published: 03/03/2011

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 It is now over 6 months old so the content may be out of date.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 increased the rates of interest available on its one and five year fixed rate accounts.

Its one year fixed rate account now offers 3.45% (+0.40%), while its five year product delivers a return of 4.90% (+0.10%). Monthly options have also increased.

These increases to fixed rates will enhance Aldermore's portfolio and improve its market position.

The one and five year bonds paying 3.45% and 4.90% respectively are now market leaders for their terms. With such a high rate the one year bond is not likely to be available for long.

As is becoming more common with fixed rate bonds withdrawals and additions are not permitted.

Four out of five Moneyfacts stars have been awarded.

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