Two-year fixed ISA remains excellent | Product News - Moneyfacts

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Two-year fixed ISA remains excellent

Two-year fixed ISA remains excellent

Category: ISAs
Date: 28/09/2016

Aldermore has amended rates across its range of fixed savings products. Despite this, its two-year fixed rate ISA remains competitive enough to stay in the Best Buy chart for its sector, while also holding on to its Excellent rating.

The basics…

The two-year Fixed Rate Cash ISA now pays a rate of 1.15%, which is still a top-10 rate for its terms. A monthly version paying 1.14% is also available.

The finer details…

The ISA requires a minimum investment of £1,000. Further additions are allowed for up to 20 business days from account opening, and transfers in from other ISAs are also possible. Withdrawals are permitted via a nominated account, although this will results in the loss of 180 days' interest, the same penalty as applies to transfers out. The account can be opened and operated online, by post and over the phone.

Why we like it…

The ISA remains competitive, with its top-10 rate and added flexibility likely keeping it quite attractive to savers. As such, this deal stays in the Best Buys and deserves its high Moneyfacts rating.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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