Aldermore increases rates on fixed rate savings products

POSTED: 28th May 2021
IN: Newsroom

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

The following increases to personal savings products include:

  • 1 Year Fixed Rate to be increased from 0.75% to 0.85%
  • 2 Year Fixed Rate to be increased from 0.85% to 0.95%
  • 3 Year Fixed Rate to be increased from 0.95% to 1.00%
  • 5 Year Fixed Rate to be increased from 1.35% to 1.45%

 

Ewan Edwards, director of savings, Aldermore comments: “While it’s still a challenging savings environment, the easing of lockdown restrictions and coinciding rate increases will be a boost to people’s short and long-term money goals. Aldermore offers a range of straight-forward savings products with competitive rates so savers have a choice when it comes to finding the right product for their individual financial needs.”

**Ends**

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