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Aldermore increases personal savings rates

Sam Monk | 16:57 Tuesday 19th November 2019

Aldermore has announced increased rates on its personal savings products.

These rates will be available on both the one-year fixed rate cash ISA — which has increased from 1.45% to 1.5% — and the two-year fixed rate account (up from 1.8% to 1.85%).

Ewan Edwards, head of savings at Aldermore, said: “We are pleased to announce increases on both our one-year fixed rate cash ISA and two-year fixed rate account.

“As we fast approach Christmas and a new year, it is a good opportunity for people to review their finances and look at what their short- and long-term savings goals are.

“At Aldermore, we aim to help our customers make the most of their money by offering great returns.

“We recognise that it is a challenging savings environment, but it is important to acknowledge that even small changes to savings habits can have a big impact long term.”

The specialist bank recently launched Asset Backer, a new online broker portal.

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