Has anyone else tried to use tide as their nominated bank account to transfer money to and from Aldermore business savings. Aldermore have told me it can’t been done with a Tide account because it’s not a proper bank. Aldermore business savings. Keeping your data and money safe is a priority when you bank with Aldermore, and we always look out for threats from fraudsters. Read more about some of the ways we protect you. Our guide can help you. Aldermore bank has today increased the rates on a range of its fixed rate business savings products. The following business savings rates will be available immediately: 6 Month Fixed Rate – increase from 0.55% to 0.75% 1 Year Fixed Rate – increase from 0.75% to 1.00% Ewan Edwards, director of savings, Aldermore.
Overview
Aldermore was the first of the new wave of banks to open after the financial crisis of 2007/8. It was the reincarnation of Ruffler, the private bank, which was bought by Anacap, and renamed Aldermore. In March 2019, Aldermore became part of South African financial services firm, FirstRand Group.
Banking Licence
Aldermore have their own banking licence which isn’t shared with any other banks
Registration Numbers
Companies House Number: 947662
Financial Conduct Authority: 204503
Based: Head Office is in Peterborough, but Aldermore has offices in London, Manchester, Wilmslow, Reading and Newcastle
Date Launched: May 2009
FSCS Protected? Yes
Branches: Aldermore does not have any branches
Chief Executive
Philip Monks
Saving Information
No. of Savers
Unknown but estimated at circa 200,000
Amount of Deposits
£10.1bn (as at 31st December 2019)
Loan Book
£12bn (as at 31st December 2019)
Account Opening and Management
How Do I Open a Savings Account
Internet
How Do I Manage a Savings Account
Internet, Post, Telephone
Lending Activities
Aldermore has six principle areas of lending:
- Residential mortgages for and buy to let mortgages on residential properties
- Business mortgages - commercial mortgages for owner-occupied and buy to let investors
- Property Development Finance
- Asset Finance
- Invoice Finance
- Aldermore also owns Moto Novo Finance which provides car finance
Feefo Reviews
Feefo reviews are available on Aldermore’s website alongside each individual product
Trustpilot Reviews
Aldermore is the longest established of the new wave of banks who have entered the market since the financial crisis. It now looks after over £10bn of deposits and offers the widest range of savings accounts to personal savers.
While it is rarely the best buy, Aldermore consistently offers competitively priced savings which are above those available from the big five banks.
Contact Details
Aldermore 1st floor,
Block B Western House
Lynch Wood
Peterborough
PE2 6FZ
Telephone:
0345 604 2678 (Personal savings)
0345 1733 321 (Business savings)
Website: https://www.aldermore.co.uk/
Email: service@aldermoresavings.co.uk (Personal savings)
businesssavings@aldermore.co.uk (Business savings)
Aldermore Business Account
Monday – Friday 9am – 5pm, Saturday 10am – 1pm (Personal savings)
Aldermore Business Savings Easy Access Account Issue 8
Monday – Friday 8am – 6pm (Business savings)