Aldermore Bank Plc
Financial Ombudsman decision DRN-5221650 Not upheld
Not upheldoutcome, as published by the Ombudsman
£2redress stated in the decision
Fri Feb 14deadline to accept (not the decision date)
The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.
What this decision was about
In the Ombudsman’s words
Ms H complains that Aldermore Bank Plc (“Aldermore”) terms weren’t clear about when it paid interest and that it was wrong to deduct penalty interest when she withdrew the funds from her ISA with it.Interest and rates
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5221650.pdf on financial-ombudsman.org.uk.
The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.