6 Month Fixed Rate Savings Account

0.60% Gross Annual Interest
0.60% Gross Monthly Interest
0.60% AER*
Open an account

When you save with Aldermore you have the added peace of mind that comes from knowing your money is protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Please bear in mind that any deposits you have above the limit are unlikely to be covered.

6 Month Fixed Rate Savings Account

Gross Annual Interest Gross Monthly Interest AER*
0.60% 0.60% 0.60%
  • To open an account you must be a UK-based business, where all directors and beneficial owners of that business are aged 18 or over, resident in the UK and only tax resident in the UK
  • Business Savings does not accept client money nor provide accounts to be held in trust, and our accounts cannot be held by US Persons
  • You can open and manage your account online. We will accept instructions in relation to the account through our Internet Banking Service by secure message, by telephone or by post
  • The minimum deposit required to open this account is £1,000
  • The maximum balance for this account is £1,000,000
  • If you change your mind within 14 days of opening your account you can close your account without penalty or notice
  • No withdrawals, transfers out or closures permitted before the maturity date
  • In exceptional circumstances we may permit early withdrawals from or closure of the account prior to the maturity date but this is at our discretion, subject to evidence we will request, and we are not obliged to do so. In the event that we grant permission, we may deduct 90 days’ interest as a condition
  • We will contact you 21 days before your account matures detailing your options and enabling you to give us your maturity instructions. An additional reminder will be issued around 14 days prior to your account maturing
  • If you do not advise us of your maturity instructions, your account will roll into another Fixed Rate Account of the same term or similar term
  • *AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year
  • Interest is paid gross without the deduction of income tax
  • Available to UK businesses without the need to change your existing bank current account
  • Rate Guarantee - we guarantee to pay the interest rates shown (or the higher rates if we've increased them) provided that we receive your deposit within 14 calendar days of opening the account. After this time, we will pay the prevailing rate on the day that we receive your deposit
  • You have 30 days in which to make your initial deposit. Once you have done so you have a further 14 days to put more money into your account and benefit from the same interest rate. After this date any additional deposits must be placed into a new Fixed Rate Account at the interest rate offered at the time
  • There are no fees or charges for standard account services. We may make a charge for any exceptional non-standard services which are made available to you on a discretionary basis
  • Easy to add or remove names or change user levels

You need to be a UK-based Limited Company, Limited Partnership, Limited Liability Partnership, Partnership or Sole Trader.

To be eligible to open a Business Saving account, the controlling person and all significant owners need to be resident in the UK, over 18 years of age and only tax resident in the UK. Our accounts cannot be held by US Persons.

Your business needs to be based in the UK, only tax resident in the UK and have no trustees or accounts held in trust.

Please make sure you have internet access, because all of our business savings accounts are online accounts and are opened and managed online.

What you'll need to open your account in under 15 minutes:

  • Your business details (Name, Address and if you have one, your Company Registration Number)
  • The sort code and account number for your business' bank or building society account (your nominated account). This needs to be held with a UK bank or building society that’s fully licenced and authorised by the PRA and regulated by the FCA and the PRA. We cannot accept money from e-money providers
  • Address and date of birth for all owners
  • A mobile telephone that can receive text messages. This is how Aldermore will send you your account password and without it you will be unable to log into your account
  • To have read the 6 Month Fixed Rate Savings Account Summary Box and the Business Savings Terms and Conditions

Once your account is open arrange to transfer money to us and make the most of your savings.

*AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.

Can We Help With Anything Else? Email Us Call Us: 01733 821 321

We are open 8am-6pm, Monday to Friday, excluding Bank Holidays. Calls may be recorded for training and monitoring purposes.

We reserve the right to withdraw these accounts from sale at any time.

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  • Fixed Rate Account
  • Business
  • Business Savings