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Aldermore steps up to the mark in ISA race

Aldermore steps up to the mark in ISA race

Category: Savings

Updated: 21/01/2010
First Published: 21/01/2010

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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 stepped up to the mark in the fixed rate ISA arena with the launch of three new products.

Its two and three year fixed rate cash ISAs pay 3.60% and 4.00% respectively, good enough to make them market leaders in their fields.

Meanwhile, the one year offering paying 3.05% sits just behind the best around.

Each of these ISAs accepts transfers in, while early access to funds and transfers out are allowed on the loss of 180 days' interest for the two and three year ISAs (120 days' interest for the one year product).

However, a minimum investment of £3.6K is required at the start, and the rate payable will drop to 0.50% if the balance falls below this mark. A relatively strong range of products, four out of five Moneyfacts stars are a just reward.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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