Fixed rate bonds get a rate boost | Product News - Moneyfacts

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Fixed rate bonds get a rate boost

Fixed rate bonds get a rate boost

Category: Savings
Date: 07/08/2015

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 It is now over 6 months old so the content may be out of date.

Aldermore has increased rates across its range of fixed rate bonds by 0.10%, earning its one, two and three-year versions coveted spots in the Moneyfacts charts.

The basics…

1 Year Fixed Rate Account now pays a highly competitive 2.00% yearly (1.98% monthly), securing its place in the top 10. The two-year version pays 2.35% (2.33% monthly), sitting just behind the market leaders for its term, while the three-year deal pays another top 10 rate of 2.40% yearly (2.37% monthly).

The finer details…

These accounts can be opened and operated online, by post or by phone with a minimum investment of £1,000. As is common in the sector, no flexibility for early access or further additions is permitted, so savers will need to be comfortable with their chosen term from the outset.

Why we like it…

These accounts have become leading players in the fixed rate sector, all of them offering top 10 rates to make Aldermore a provider to be reckoned with.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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