Aldermore increases rates on personal savings products

POSTED: 1st October 2021
IN: Newsroom

Aldermore bank has today increased rates on its Easy Access and 30 Day Notice products, providing savers the chance to grow their money at competitive rates. 

The following increases to personal savings products include:

  • Easy Access to increase from 0.30% to 0.50%
  • 30 Day Notice to increase from 0.35% to 0.55%
  • 30 Day Notice ISA to increase from 0.35% to 0.55%

These increases are in addition to maintaining good returns on further easy access products in their portfolio, broadening the options for savers who want to retain access to their money.

  • 120 Day Notice – 0.70%
  • Double Access – 0.60%

Ewan Edwards, director of savings at Aldermore, comments: “We’re delighted to announce today increased rates on our easy access and notice accounts. These have been particularly popular vehicles for savers in the past year as they give the opportunity to build up savings but provide peace of mind that funds can be accessed quickly when required.

“The savings market in the UK has grown 7.2%1 over the past year as Brits have shown increased motivation to build up their savings pots. At Aldermore, we want to support this trend and assist people working towards their savings goals by providing as much product choice as possible to fit people’s individual savings habits and varied future plans.”

**Ends**

1 Based on Aldermore analysis of August Bank of England Money and Credit data. https://www.bankofengland.co.uk/statistics/money-and-credit/2021/august-2021

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  • Savings
  • Press Release
  • Personal Savings