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Aldermore’s fixed rate cash ISAs near top

Aldermore’s fixed rate cash ISAs near top

Category: ISAs
Author: Lieke Braadbaart
Date: 05/10/2018

Aldermore has increased selected cash ISA rates by up to 0.20%, which sees its one- and two-year deals sit just behind their respective market-leaders in the Best Buy charts, while its three-year ISA now pays the top rate for its term. All earn a high rating as a result.

The basics…

The 1 Year Fixed Rate Cash ISA now boasts a near market-leading rate of 1.60%, while the two-year equivalent pays a near-top 1.80% and the three-year option pays a market-leading 1.90%. Interest is paid on the accounts' anniversary and each of the deals offers an alternative version that pays a slightly reduced rate on a monthly basis.

The finer details…

These accounts require a minimum investment of £1,000. They allow transfers in from other ISAs within 10 business days as well as additions for the first 14 days. Even early access and transfers out are possible, but only on the loss of 90 days' interest for the one-year account or 180 days' loss for the two- and three-year fixed rate deals. A nominated account is required for these ISAs, which can be opened and operated online.

For those that can't choose between them, note that Aldermore allows savers to split their cash ISA savings across its range of variable and fixed rate account, giving savers even more flexibility.

Why we like them…

The top rates and early access options that come with these accounts are easily enough to earn these ISAs their high rating, with the one- and two-year ISAs proudly taking up second place in their respective charts.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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