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Fixed Rate Accounts

Protect your hard-earned savings from interest rate fluctuations with our fixed rate savings account. You'll enjoy peace of mind knowing exactly how much interest you'll earn.

  • 4.6/5 (2934 reviews)

‘Winner’ – Best Online Savings Account Provider
Your Money Awards 2014

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Open a Fixed Rate Savings Account with Aldermore Bank today. It’s easy, convenient and secure. Open an account, complete identity checks and move your money in minutes.

Fixed Rate Accounts

Term
Gross Annual
Interest
Gross Monthly
Interest
AER*
Open an Account
Term
1 Year
Gross Annual Interest
1.20%
Gross Monthly Interest
1.19%
AER^
1.20%
Open an account

How the Business Savings Rate Checker works

Simply search for the type of account you have using the form below, enter your balance and in a matter of seconds we’ll give you your rate.
Once you have clicked on the 'Check your results' button, just scroll down to see your rate. It’s as easy as that.

We'll present you with the rate of interest you’re being paid along with an indicative balance including interest after 12 months.

*Required field

Please enter your bank or building society name.

 

Please enter the type of business savings account you have e.g. Fixed Rate

 
£

Please enter the business savings balance you wish to check

 

If you are unsure of your account name you will need to check with your current provider

 
Term
2 Year
Gross Annual Interest
1.30%
Gross Monthly Interest
1.29%
AER^
1.30%
Open an account

How the Business Savings Rate Checker works

Simply search for the type of account you have using the form below, enter your balance and in a matter of seconds we’ll give you your rate.
Once you have clicked on the 'Check your results' button, just scroll down to see your rate. It’s as easy as that.

We'll present you with the rate of interest you’re being paid along with an indicative balance including interest after 12 months.

*Required field

Please enter your bank or building society name.

 

Please enter the type of business savings account you have e.g. Fixed Rate

 
£

Please enter the business savings balance you wish to check

 

If you are unsure of your account name you will need to check with your current provider

 
Term
3 Year
Gross Annual Interest
1.40%
Gross Monthly Interest
1.39%
AER^
1.40%
Open an account

How the Business Savings Rate Checker works

Simply search for the type of account you have using the form below, enter your balance and in a matter of seconds we’ll give you your rate.
Once you have clicked on the 'Check your results' button, just scroll down to see your rate. It’s as easy as that.

We'll present you with the rate of interest you’re being paid along with an indicative balance including interest after 12 months.

*Required field

Please enter your bank or building society name.

 

Please enter the type of business savings account you have e.g. Fixed Rate

 
£

Please enter the business savings balance you wish to check

 

If you are unsure of your account name you will need to check with your current provider

 
Term
4 Year
Gross Annual Interest
1.75%
Gross Monthly Interest
1.74%
AER^
1.75%
Open an account

How the Business Savings Rate Checker works

Simply search for the type of account you have using the form below, enter your balance and in a matter of seconds we’ll give you your rate.
Once you have clicked on the 'Check your results' button, just scroll down to see your rate. It’s as easy as that.

We'll present you with the rate of interest you’re being paid along with an indicative balance including interest after 12 months.

*Required field

Please enter your bank or building society name.

 

Please enter the type of business savings account you have e.g. Fixed Rate

 
£

Please enter the business savings balance you wish to check

 

If you are unsure of your account name you will need to check with your current provider

 
Term
5 Year
Gross Annual Interest
2.00%
Gross Monthly Interest
1.98%
AER^
2.00%
Open an account

How the Business Savings Rate Checker works

Simply search for the type of account you have using the form below, enter your balance and in a matter of seconds we’ll give you your rate.
Once you have clicked on the 'Check your results' button, just scroll down to see your rate. It’s as easy as that.

We'll present you with the rate of interest you’re being paid along with an indicative balance including interest after 12 months.

*Required field

Please enter your bank or building society name.

 

Please enter the type of business savings account you have e.g. Fixed Rate

 
£

Please enter the business savings balance you wish to check

 

If you are unsure of your account name you will need to check with your current provider

 
  • Peace of mind - know exactly what interest rate you'll earn for a set period and we will personally write to you before your account matures
  • Transparent - our competitive rates aren't artificially inflated by bonuses or introductory offers
  • Fast and easy setup - open an account, complete identity checks and move your money in minutes
  • Open an account with just £1,000
  • Easy to manage - do it online, by phone or by post
  • Great value - no fees or charges for day-to-day account services
  • Interest is paid gross (without tax taken off). Under the Personal Savings Allowance, the first £1,000 of income from non-ISA savings (e.g. any interest earned) is tax free for basic rate taxpayers, and the first £500 is tax free for higher rate taxpayers. No Personal Savings Allowance applies if you’re an additional rate tax payer. If the interest you earn is less than your Personal Savings Allowance, you don’t have to do anything. If the interest you earn is more than your Personal Savings Allowance, you’ll have to pay tax on the difference. HMRC will normally collect the tax by changing your tax code in the PAYE system. If you fill in a Self Assessment tax return you should carry on doing this as normal. For further details on how tax will be collected, visit gov.uk.
  • You’ll need to provide us with details of a UK personal bank or building society account to link to your Aldermore account. You should be named as an account holder on this account and the account should accept Faster Payments, CHAPS and BACS. To help us keep your money safe and protect against fraud, we’ll only accept deposits from this account and we’ll always send money back to this account, for example when making payments of interest or at maturity. Payments to us from any other account will not be accepted and will be returned
  • We guarantee to pay the interest rates shown (or the higher rates if we’ve increased them) provided that we receive your completed account opening form and opening deposit within 10 business days. After this time, we’ll pay the prevailing rate on the day that we receive them
  • You’ve 20 business days from the date of application to make deposits into your account. After this 20 business day period all further deposits will be rejected and returned to you without interest. For deposits received via Faster Payments, BACS, CHAPS or Direct Debit, interest will be earned from the date on which we receive your money and for deposits received by cheque, interest will be earned from the second business day after receipt
  • You should keep at least £1,000 in your account at any one time (a gross interest rate of 0.50% will be paid on balances below this amount)
  • You simply need to be aged 18 years or over, resident in the UK and only liable to pay tax in the UK
  • You cannot make any withdrawals or close your account before the maturity date 


To view full Personal Savings Terms and Conditions please click here

Fees and charges

You won't have to pay any fees or charges, although there may be a small charge for non-standard services - check our tariff of charges for more details.

Managing your account with us is simple and straightforward - and we're always on hand to help if you've any questions. Here's how it works:

  • Once you've opened your account with us, we'll send you a welcome pack, usually within five business days, with all the details you'll need to manage your account
  • If you open an account online, you can log into your account to view and print a transaction statement at any time and a Statement of Interest will be available in internet banking shortly after the start of each tax year. If you open an account over the telephone or by post, we will send your transaction statement and Statement of Interest by post once a year, usually in April. 
  • Want to check your account details and rates? Just login whenever you like
  • Contact us whenever you need to – via our UK-based call centre on 0345 604 2678, by logging into your account and sending us a secure message or by emailing service@aldermoresavings.co.uk. Click here for our opening hours
  • Your account will mature on the anniversary of the date we receive your opening deposit. We’ll write to you personally a few weeks earlier with a simple, easy-to-understand guide to all your maturity options
  • No need to worry about bonus rates dropping off: there are no hidden bonuses or introductory offers - just consistently competitive rates
Tax Interest is paid gross (without tax taken off)
Term of account You can choose from the following terms:
1 Year, 2 Year, 3 Year, 4 Year, 5 Year
Minimum deposit £1,000. You’ve 20 business days from the date of application to make deposits into your account. After this 20 business day period all further deposits will be rejected and returned to you without interest
Maximum deposit £1m
Withdrawals No early withdrawals until the end of the term 
Paying money in

By Faster Payments, BACS, CHAPS, Direct Debit, Cheque or Standing Order from your nominated UK bank or building society account

Number of account holders Up to two
How we calculate your interest Daily, applied to your account monthly, annually or at maturity (where available)
Payment of interest

You can choose to have your interest paid to any of the following: your Fixed Rate account, another Aldermore Easy Access or Notice account, your nominated UK bank or building society account

Account maturity We will write to you a minimum of 21 calendar days before your account matures to explain your options.
If we don't hear from you we will move your money into another fixed rate account of the same or similar term.
How you operate your account Internet, Phone, Post

*AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.

Latest Rating and Reviews

1 Year Fixed Rate Account

what I wanted

My request for an extra account was dealt with by the Aldermore team with help and understanding thanks.

21st July 2016 wjym
1 Year Fixed Rate Account

straightforward banking, no gimmicks

competitive interest rates, easy to open accounts, straightforward and simple banking.

18th July 2016
1 Year Fixed Rate Account

Good product and easy to set up

At the moment rates are on the decrease and Aldermore was one of a few that offered an acceptable rate in the present climate. It was very easy to apply & set up.

11th July 2016 KJ1928
1 Year Fixed Rate Account

Oh so easy!!!!

Last year, I wanted to open an online account with another Building Society - no matter what I sent in the way of documents, there was always a query - had they told me what they wanted in the first place, it would have been so much simpler. In the end, I cancelled the application. I was sceptical when I thought of opening an account with Aldermore after the previous hassle, but it WAS SO EASY and I have used this Company for several investments - No hassle - help if you need it and good rates (in these days) Could not ask for more

6th July 2016
2 Years Fixed Rate Account

suited me for a fixed rate

So easy to use this online company and reply stright away if you want to know any thing 1st class for me.

5th July 2016

Don't want a fixed rate?

Personal Savings

Notice Accounts

Want a great interest rate with added flexibility? Our Notice Savings Account gives you exactly that.

Up to 1.05% AER*

Personal Savings

Notice Cash ISAs
  • 4/5 (2 reviews)

With our Notice Cash ISA, you get a great interest rate while you build up your savings. You can still access your money if you need it and can make as many withdrawals as you like. All of the interest is tax free - it doesn’t count towards your Personal Savings Allowance - and all of our Notice Cash ISAs are flexible.

Up to 1.05% AER*

Personal Savings

Easy Access Account
  • 4.6/5 (11 reviews)

Our Easy Access Account gives you a great rate as well as full flexibility - so you can withdraw cash or add to your funds whenever you like.

Up to 1.00% AER*