• FSCS Protected

    Deposits fully protected up to £85,000 per eligible person.

  • Flexible and easy

    Easy online set up, and you can add to your savings whenever you like.

  • Rated "excellent"

    Our personal savings customers rated us excellent on Trustpilot.

Key Features

Easy Access Account

  • The interest rate on our Easy Access Account is variable
  • The minimum deposit required is £100
  • Add to your savings whenever you like
  • Unlimited withdrawals - access your money whenever you need it, without restriction or loss of interest

Double Access Account

  • The interest rates on our Double Access Account are variable 
  • The minimum deposit required is £1,000
  • Add to your savings whenever you like
  • You’ll get the higher interest rate with up to two withdrawals per year. From the third withdrawal, the lower rate applies until your account's anniversary
  • Your interest rate and withdrawals will automatically reset annually on the anniversary of your account opening

Easy Access Account

  • The interest rate on our Easy Access Account is variable
  • The minimum deposit required is £100
  • Add to your savings whenever you like
  • Unlimited withdrawals - access your money whenever you need it, without restriction or loss of interest

Double Access Account

  • The interest rates on our Double Access Account are variable 
  • The minimum deposit required is £1,000
  • Add to your savings whenever you like
  • You’ll get the higher interest rate with up to two withdrawals per year. From the third withdrawal, the lower rate applies until your account's anniversary
  • Your interest rate and withdrawals will automatically reset annually on the anniversary of your account opening
Child and grandparent planting flowers

Easy Access Account Issue 16

Interest rate (AER*)

  • 4.30% Variable

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

Minimum opening balance

£100

Suitable if you

  • Don't want to lock your money away
  • Want to be able to add and withdraw money whenever you like
  • Want a competitive variable interest rate

Double Access Account Issue 2

Interest rate (AER*)

  • 4.75% Up to two withdrawals
  • 1.50% Three or more withdrawals

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

Minimum opening balance

£1,000

Suitable if you

  • Don't want to lock your money away
  • Want to be able to add money whenever you like
  • Are likely to need to make two or less withdrawals each year. Your interest rate will reduce to 1.50% AER* from your third withdrawal for the remainder of that anniversary year.

Please read the relevant Summary Box and Personal Savings Terms and Conditions before you open an account.

To view all current and previous rates for our personal savings accounts variable rate products, please click here.

 

Frequently asked questions

You simply need to be aged 18 years or over, resident in the UK and only tax resident in the UK. Our accounts cannot be held in trust or by US Persons (meaning US citizens, residents, green card holders or taxpayers in respect of their worldwide income).

You can make deposits by Faster Payments, BACS, CHAPS or Standing Order from your nominated account. You can also make deposits by transfer from an existing Aldermore Personal Savings account in your name or held jointly with someone else (where withdrawals are permitted). Payments to us from any other account will not be accepted and will be returned. We don’t accept deposits by cash, cheque or banker’s draft.

Please don’t send any money until we’ve confirmed that your account is open, as we won’t be able to allocate it to your account and it will be returned.

When your account is open, you can add money to your Easy Access Account or Double Access Account at any time. 

Interest can be added to your Aldermore account, paid to any other Personal Savings account you hold with us that allows deposits (Easy Access, Double Access or Notice) or paid to your nominated UK bank or building society account.

You can change the interest payment frequency or destination in internet banking.

With the Double Access Account, your interest rate depends on how many times you take money out in any anniversary year. You’ll get the benefit of the higher interest rate if you make two or less withdrawals in an anniversary year. If you make three or more withdrawals, the lower interest rate will apply from the day of your third withdrawal to the day before the annual anniversary of your account opening.

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.

Things you need to know

  • You can make deposits by Faster Payments, BACS, CHAPS or Standing Order from your nominated UK bank or building society account
  • Interest will be earned from the date on which we receive your money
  • Interest is paid gross (without tax taken off). Under the Personal Savings Allowance, the first £1,000 of income from non-ISA savings (e.g. any interest earned) is tax free for basic rate taxpayers, and the first £500 is tax free for higher rate taxpayers. No Personal Savings Allowance applies if you’re an additional rate tax payer
  • 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
  • We reserve the right to withdraw these accounts from sale at any time

Double Access Accounts

  • The rate of interest you receive will reduce when you make your third withdrawal in any 12 month period from the annual anniversary of your account opening. From the anniversary date the interest rate and withdrawals will be reset
  • A payment of interest away from your Double Access Account won’t be classed as a withdrawal
  • You can only open one Double Access Account, whether held in your sole name or held jointly with someone else

FSCS Protection

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 per eligibile person by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. 


See what our customers think

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