Aldermore boost interest rates on ISAs and other savings accounts

Aldermore has increased the interest rates on a range of savings accounts. The provider said the new rates would provide customers ‘more choice’ about how to build their savings. The rate on the Easy Access (Issue 15) has increased from 4.25 percent to 4.5 percent while the rate for the Double Access account has gone up from 4.7 percent to 4.9 percent. Alex Myers, director of savings at Aldermore, said: ‘When looking for a place to put your money, it’s important to utilise different savings vehicles to better support your goals. ‘With rates continuing to increase, it’s important savers review their finances regularly, to ensure their savings accounts are working as hard as they can for them. ‘Today, we’re delighted to announce the latest increases across our personal savings proposition, helping to ensure savers get the rate of interest they deserve.’