Close

Aldermore brings welcome boost for savers

POSTED: 18th June 2014
IN: Newsroom
Share:

Aldermore is to increase the rates on three of its Fixed Rate Savings Accounts offering savers market leading rates across all three products.

From Friday (20 June) new rates will be available on the following accounts:

  1. 3 Year Fixed Rate Savings Account –2.70%from 2.20%;
  2. 4 Year Fixed Rate Savings Account –2.90%from 2.65%;
  3. 5 Year Fixed Rate Savings Account –3.10%from 3.00%.

Aldermore, which recently celebrated its fifth birthday, currently manages more than £3.8billion of customer savings.

Commenting on the changes Simon Healy, Managing Director for Savings at Aldermore says:

“We are delighted to offer these new competitive rates for customers. We at Aldermore are committed to offering simple and straightforward accounts that offer consistently good returns. These products provide good news to those looking to put their money away for a few years.

“With many commentators discussing future interest rate rises, many savers are feeling uncertain about what they should do with their savings. Whatever the economic climate, it’s always best to keep a balanced portfolio; Putting surplus funds which are not needed in the short term in longer term savings accounts, in order to get a better return, but also ensuring you have access to cash if you need it in the short term.”

  **ENDS**

For further information journalists can contact:

 Adam Taylor

adam.taylor@cicero-group.com

 +44 (0) 20 7297 5971 / +44 (0) 7557 965958

Notes to Editors

For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page. 

 

Want to read more?

  • Personal
  • Savings
  • Journalist
  • Press Release

Published: