Aldermore increases rates on fixed rate bond products - 21 May 2021

POSTED: 21st May 2021
IN: Newsroom

Aldermore bank has today increased the rates on a number of fixed rate bond products, providing savers with increasingly competitive rates for their long-term savings goals.

The following increases to personal savings products include:

  • 2 Year Fixed Rate to increase from 0.80% to 0.85%
  • 3 Year Fixed Rate to increase from 0.85% to 0.95%
  • 4 Year Fixed Rate to increase from 0.90% to 1.10%
  • 5 Year Fixed Rate to increase from 1.00% to 1.35%

Ewan Edwards, director of savings, Aldermore comments: “With life getting back to some normality, the rate increases will be a welcome boost to savers’ post-lockdown money goals.

“We recognise that it’s a challenging savings environment, but even small changes to savings habits, and making regular and consistent contributions can have a big impact in the long-term. Aldermore offers a range of fixed rate products to suit customers’ individual needs whether it’s saving to make home improvement plans, buying a first home, or to pay for that dream holiday or wedding.”

**Ends**

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