Aldermore Fixed Rate Bonds

Compare Aldermore Fixed Rates With The Market

Aldermore Bank Savings Accounts
ProviderAccountInterest RateTermApply

1.50%

per annum

£1,000Apply Now >
Earn 1.50% fixed interest - 1 year term - Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected

1.60%

per annum

£1,000Apply Now >
Earn 1.60% fixed interest - 2 year term - Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected
Provider

Account

Type

Minimum

Deposit

Interest

Rate
 
£5,000

1.80%

per annum

More Info >
Earn 1.80% fixed interest - 1 year term - Save from £5,000 to £500,000 - No additional deposits or withdrawals permitted -FSCS Protected
£500

1.70%

Gross AER

More Info >
Earn 1.70% fixed interest. 1 year term. Interest can be paid monthly or annually. Open an account singly or jointly. Minimum deposit £500. No withdrawals permitted. FSCS Protected
£1,000

Over

1.20%

Gross AER

More Info >
Managed Savings Service. Save time and hassle. 1 year term. Savers open one account with Octopus cash who then spread the money across some of the best challenger bank rates around. At the end of the term savers can either withdraw money or allow Octopus Cash to automatically switch accounts to the best rates on offer. FSCS Protected
£5,000

2.05%

per annum

More Info >
Earn 2.05% fixed interest - 2 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected
£500

2.00%

per annum

More Info >
Earn 2.00% fixed interest. 2 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected
£500

1.85%

Gross AER

More Info >
Earn 1.85% fixed interest. 2 year term. Interest can be paid monthly or annually. Open an account singly or jointly. Minimum deposit £500. No withdrawals permitted. FSCS Protected
£5,000

2.25%

per annum

More Info >
Earn 2.25% fixed interest - 3 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected
£1,000

2.16%

per annum

More Info >
Earn 2.16% AER fixed interest. 3 year term. Interest can be paid monthly, quarterly or at maturity. Minimum deposit £1,000, Maximum deposit £200,000. No withdrawals permitted. FSCS Protected
£500

2.23%

per annum

More Info >
Earn 2.23% fixed interest. 4 year term. Interest can be paid monthly or at maturity. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected
£1,000

2.20%

per annum

More Info >
Earn 2.20% gross/AER fixed for 4 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available. Annual or monthly interest. FSCS Protected
£1,000

2.37%

expected rate

More Info >
Earn 2.37% expected profit rate. 5 year term. Interest paid annually. Open an account singly or jointly. Minimum deposit £1,000. No withdrawals permitted. Shariah compliant savings account. FSCS Protected
£500

2.30%

per annum

More Info >
Earn 2.30 fixed interest. 5 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected


Features of Aldermore fixed rate bonds include:

  • A range of interest rates depending on the term
  • Minimum balance of £1,000
  • Accounts that can be managed online, over the phone or by post
  • No fees

Aldermore is a fairly new UK-based bank that offers savings accounts and mortgages.  They pride themselves on offering ‘straight-forward, dynamic banking’.

 

There are a number of other banks and building societies which offer fixed rate bonds, so it could be worth comparing Aldermore’s fixed rate bonds with those offered by others to ensure that you are getting the best available deal.


For information on some of the best fixed rate bond deals that could be available to you, please see the comparison tables located on this page.

Alternatives

If you can lock your money away for a set period of time, you might also want to think about a tracked fixed bond as well. These are similar to fixed rate bonds but the interest rate you receive can vary over the course of the term reflecting changes in the base rate set by the Bank of England. This means if interest rates improve during your bond term you will get a better rate, however in the same fashion they could also reduce leaving you with less if the base rate decreases.

Structured deposits may be another financial product that interests you. They also require you to lock your money up in a plan for a set period of time; however they generally offer higher interest rates than bonds.

Although they have the potentially to earn you more a return on your investment is not guaranteed with this type of plan. Structured deposits offer you returns based on the performance of a share index such as the FTSE 100. If over the period the index fails to perform in the way your plan specifies you may not earn any interest on your deposit, you will however still receive the full amount you received back.

If you feel that you may need to have your money more readily available then an instant access savings account may be a better option for you. Although these tend to receive lower interest rates compared to bonds and structured deposits they do have the advantage that many will allow you to make unlimited withdrawals without any kind of penalty