Aldermore announces ISA rate increases

Specialist bank Aldermore has today announced the interest rate increases on its fixed-rate cash ISAs.

On the bank’s one-year ISA, rates will increase from 1.5% to 1.55%, while its three-year ISA will increase from 1.9% to 1.95%.

Aldermore head of savings Ewan Edwards commented: “Aldermore’s core purpose is to help our customers make the most of their money by offering great returns. We are therefore pleased to announce a rate increase on our one and three year Fixed Rate Cash ISAs.

“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.”

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