Key Features of our Fixed Rate Savings Accounts

How your account works

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
• We'll write to you once a year (usually in April) with your statement and full account details
• Want to check your account details and rates? Just login whenever you like
• Contact us whenever you need to - either via our UK-based call centre on              0845 604 2678, 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 money. 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

Key Features

Tax	Interest is paid net of basic rate tax. Non tax-payers can register at any time for interest to be paid without tax taken off
Term of account	You can choose from the following terms: 1 Year 2 Year
Minimum deposit	£1,000. Please note: we can only accept one deposit (the opening deposit) into a Fixed Rate Account. Any additional deposits must be placed into a new Fixed Rate Account at the interest rate offered at the time.
Maximum deposit	£1m
Withdrawals	No early withdrawals until the end of the term (However, please contact us in the event of hardship)
Paying money in	Direct Debit BACS Cheque Faster Payments Standing Order CHAPS
Number of account holders	Up to 2
How we calculate your interest	Daily, applied to your account monthly, annually or at maturity (where available)
Payment of interest	Paid to your account, another Aldermore easy access or notice account; to a UK bank or building society account in your name(s)
Account maturity	We will write to you shortly 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