Aldermore has increased the rates on its already competitive two and five-year fixed rate bonds.
2 Year Fixed Rate Account now pays 2.33% yearly (or 2.31% monthly) while the five-year option pays an inflation-beating 3.15% yearly (or 3.11% monthly).
Both accounts require a minimum investment of £1,000 and savers can deposit up to a maximum of £1 million.
The finer details…
These deals can be opened and operated by post, telephone and online.
As is usual with fixed rate bonds, early access to funds or further additions will not be allowed.
Why we like them…
This rate review from Aldermore sees the two-year bond head straight to the top of the Moneyfacts Best Buys, while the five-year option is now in a top 5 position.
Four Moneyfacts Stars have been awarded.
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