Aldermore boosts business savings rate | Product News - Moneyfacts

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Aldermore boosts business savings rate

Aldermore boosts business savings rate

Category: Savings
Date: 24/05/2013

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 It is now over 6 months old so the content may be out of date.

A rate increase of 0.15% has pushed the Fixed Rate Business Savings Account - 1 Year into the top five of the best buy tables.

The basics…

This deal pays a rate of 2.00% upon maturity for investments between £1,000 and £1 million.

A monthly interest rate of 1.98% is paid to those wishing to supplement their income each month.

The finer details….

Funds can be accessed within 14 days of opening the account, although this is classed as a 'cooling off' period and no interest will be paid.

The account can be operated by telephone or online.

Why we like it….

This new look bond pays a competitive rate of return to investors over a one-year term and has asserted its place in the business deposit market place. Four out of five Moneyfacts Stars have been awarded.

What next?

Compare business savings accounts
Compare business bank 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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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