Aldermore increases rates on Individual Savings Accounts

POSTED: 27th August 2021
IN: Newsroom

Aldermore bank has today increased rates on a range of its most popular fixed rate ISA products to provide a boost to savers looking to maximise their returns for their savings goals.

The following personal savings products will be available immediately:

  • 1 Year Fixed Rate ISA to be increased from 0.75% to 0.80%
  • 2 Year Fixed Rate ISA to be increased from 0.90% to 1.00%
  • 3 Year Fixed Rate ISA to be increased from 0.95% to 1.05%

Ewan Edwards, director of savings, Aldermore comments: “As we approach the end of summer, many people may already be thinking about where they would like to go on holiday next year. For savers looking to fund a big trip in the future, or for those perhaps planning a wedding or big item purchase, fixed rate cash ISAs provide a guaranteed interest rate over a set length of time.

“Aldermore also provide the option to open various ISAs in one tax year so customers can spread their £20,000 allowance across a range of products to suit different saving targets. Planning ahead and establishing a consistent saving habit can really make a difference in the long term.”

 

**Ends**

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