Aldermore bank has today launched a range of fixed rate bonds for new customers, providing savers with competitive rates and more choice to realise their savings goals.

The following personal savings products will be available immediately:

• One Year Fixed Rate Bond at 0.60%
• Two Year Fixed Rate Bond at 0.70%
• Three Year Fixed Rate Bond at 0.80%
• Four Year Fixed rate Bond at 0.90%
• Five Year Fixed Rate Bond at 1.00%

Ewan Edwards, director of savings, Aldermore comments: 

“With the UK rapidly moving towards a post-lockdown period, now is the perfect time to plan out savings goals for the next twelve months, alongside identifying those longer term financial aims. Fixed rate accounts are the perfect vehicle for future planning as they offer more favourable rates than easy access products, so you can make your money work harder for you until it is time to be used.

“We are delighted to annouce the introduction of our fixed-rate bond propostion, helping customers reap better returns. While interest rates have been at an all time low over the past year, small and consistent returns over time can make a big difference.”