Aldermore has amended its business deposit accounts by up to 0.24%, sending its one-year fixed bond straight to the top of the Moneyfacts charts.
The one-year version of Customised Fixed Rate Account now pays 1.90% on maturity (1.88% monthly), making it the joint market-leader of its sector.
This account must be opened online and then managed by phone or online. An initial investment of at least £1,000 is required.
Further additions and access to funds are permitted, but only within the first 14 days after the account has been opened. If a withdrawal is made during this period, no interest will be paid.
This account now sits at the top of the charts, something that is sure to catch the eye of business owners. In addition, the flexibility of further deposits and a monthly interest option cements this deal's status as a true all-rounder. However, business owners must bear in mind that no access is permitted after the 14-day period has expired, so they must be comfortable locking their money away.
Moneyfacts rating: Excellent
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