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Aldermore’s 1yr bond competes

Aldermore’s 1yr bond competes

Category: Savings
Date: 09/03/2017

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 It is now over 6 months old so the content may be out of date.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 the rate on its one-year fixed bond by a whopping 0.20%, which has allowed it to enter the Best Buy chart for its sector at a competitive place, earning it a high Moneyfacts rating in the process.

The basics…

The 1 Year Fixed Rate Account now boasts a rate of 1.50%, paid on maturity. A monthly version paying 1.49% is also available.

The finer details…

This account, which must be opened online before becoming post, phone and internet-operated, requires a minimum investment of £1,000. It allows additions for 14 days from account opening, but no early access, so savers will have to be certain they won't need their chosen funds for the entire term.

Why we like it…

The increased rate on this account has made it attractive enough compared with its competitors to earn a place in the Best Buy charts, as well as a high 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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