Aldermore bank has today increased the rates on its fixed rate individual savings account (ISA) products, providing savers with competitive rates and more choice.
The following personal savings products will be available immediately:
Fixed Rate ISAs:
- 1 Year Fixed Rate ISA will increase from 1.20% to 1.46%
- 2 Year Fixed Rate ISA will increase from 1.65% to 1.86%
- 3 Year Fixed Rate ISA will increase from 1.75% to 1.96%
Ewan Edwards, director of savings, Aldermore comments: “We’re happy to announce an increase to our fixed rate ISA products, offering more favourable rates than easy access products as well as a guaranteed rate of interest for a set period. Savers have the choice of how long they want to lock their money away, depending on savings goal and time horizon. This is a critical time, with many people feeling the effects of the cost of living squeeze, so we hope this move provides savers with a little more peace of mind in uncertain times.”
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