Savings special from Aldermore - Savings - News - Moneyfacts


Savings special from Aldermore

Savings special from Aldermore

Category: Savings

Updated: 17/01/2013
First Published: 06/04/2011

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 It is now over 6 months old so the content may be out of date.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 launched a pair of new savings accounts that will appeal to those looking for a short term home for their funds.

Its 2 Year Fixed Rate Account pays an improved rate of 3.96% (+0.26%), with monthly options also increasing.

The 1 Year Fixed Rate ISA pays a rate of 3.31% on maturity (3.26% monthly) on a minimum investment of £1K.

No additions are permitted, but earlier access and transfers out can be made, although this is subject to a 120 day loss of interest. Transfers in are accepted.

These two accounts both lead the way in their respective markets and are well worthy of four out of five Moneyfacts stars.

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

6 of the best monthly interest savings accounts

Monthly interest savings accounts pay interest on your savings each month – as opposed to yearly – and therefore allow you to take a regular income from your hard-earned cash.

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.