Savings
Chip – Chip Cash ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Chip has increased the rate on its Chip Cash ISA this week to a competitive 5.03% AER, which includes a 0.68% gross bonus for the first six months providing a promotional code is entered within 14 days of installing the Chip app. Savers need as little as £1 to open the account, and interest is paid monthly which may be useful to those looking for an income boost. As is the case with many variable rate ISAs both instant access and further additions are permitted. However, savers should be aware that they need to hold a Chip subscription (for which both free and paid options are available). The deal secures a prominent position in our top tables and earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.91% gross / 5.03% AER payable monthly (including a 0.68% gross bonus for six months if promo code is entered within 14 days of having the Chip app)
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: ISA allowance
- Access: Permitted
- Further additions: Permitted
- Transfers in: Permitted. Accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted
- Opening account: Via its mobile app
- Managing account: Via its mobile app
- Other information: Minimum applicant age 18. Operated by ClearBank. Investors have the choice between holding a fee-free Chip subscription or paying a £4.99 fee per 28-days subscription. Flexible ISA rules apply.
JN Bank – 5 Year Fixed Term Savings Account
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“JN Bank has reduced the rate on its 5 Year Fixed Term Savings Account. Despite the cut the deal maintains the market-leading position for its term, paying an attractive 4.55%, and can be opened with as little as £100. As is the case with many fixed term accounts, earlier access is not permitted, so savers must be comfortable not having any access to their cash for the full term. However, investors may be glad to note that after initial funding they can make 11 additional payments for 14 days from the account opening. On assessment, the account earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.55% gross / 4. 55% AER payable on its anniversary
- Notice / term: Five-year bond
- Minimum opening amount: £100
- Maximum investment amount: £500,000
- Access: Not permitted
- Further additions: 11 additional payments permitted after initial funding for 14 days from account opening
- Opening account: Online
- Managing account: Online and by phone
- Other information: Minimum applicant age 18.
Close Brothers Savings – 2 Year Fixed Rate Cash ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Close Brothers Savings has increased the rates on a selection of its fixed rate bonds and cash ISAs alongside changing the issue number on its easy access account this week. The two-year fixed ISA option takes a prominent position in the top tables, paying an attractive 4.41% and may well appeal to those looking to maximise their tax-free savings in the short-term. Savers will need a substantial initial investment of £10,000 but further additions are permitted for 10 days from the account opening if they wish to invest more. However, savers should be cautious as even though early access is permitted, this will result in account closure and is subject to a 150-day loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.41% gross / 4.41% AER payable yearly
- Notice / term: Two year
- Minimum opening amount: £10,000
- Maximum investment amount: ISA allowance
- Access: Permitted, on account closure and subject to a 150-day loss of interest penalty
- Further additions: Permitted, for 10 days from account opening
- Transfers in: Permitted, allows Cash and Stocks and Shares ISAs. Transfer instructions must be received within 10 days of account opening
- Transfers out: Permitted, subject to a 150-day loss of interest penalty
- Opening account: Online
- Managing account: Online, by phone and by post
- Other information: Minimum applicant age 18.
Hodge Bank – 3 Year Fixed Rate Bond
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Hodge Bank has reduced the rate on its 3 Year Fixed Rate Bond this week. Despite this it retains a competitive position in the market when compared against its peers. Now paying 4.40% gross on its anniversary, the deal may appeal to savers looking for a competitive return over the next three years and happy to lock their money away for the duration. The monthly interest option may also entice those looking to supplement their income. Savers will need to invest at least £1,000, but the account does allow further additions within the first 14 days of account opening via a nominated account. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.40% gross / 4.40% AER, payable on its anniversary / monthly interest option of 4.31% gross / 4.40% AER also available
- Notice / term: Three years
- Minimum opening amount: £1,000
- Maximum investment amount: £1 million
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening via a nominated account
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 18.
Mortgages
Leeds Building Society – Five-year fixed rate mortgage, 65% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Leeds Building Society has made a selection of rate reductions, as well as adding several new products to its range. One deal to enter the market is its five-year fixed deal at 65% loan-to-value, which is now priced at 4.24% until 31 May 2030. Borrowers may well find this an enticing deal as it does not charge any product fees and comes with an attractive incentive package which includes a free valuation for all borrowers, and those remortgaging can also receive help towards costs. Overall, the product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.24% fixed rate to 31.5.30
- Product fee: None
- Maximum loan-to-value: 65%
- Available to: Second-time buyers and remortgage customers
- Incentives: Free valuation for all and help toward costs for remortgages
- Flexible features: Allows overpayments, and lump sums subject to approval
- Lending area: England, Wales, mainland Scotland and Northern Ireland.
Principality Building Society – Two-year variable tracker rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Principality Building Society re-launched its two-year variable tracker deal. Now priced at 4.78% until 31 May 2027, the deal is available for borrowers at 75% loan-to-value. Borrowers looking to save on the upfront cost of their mortgage will find that there are no product fees and an attractive incentive package which includes a free valuation for all borrowers and, for those remortgaging, free legal fees. Adding to its appeal the deal charges no product fees. Overall, the deal earns an Outstanding Moneyfacts product rating.”
Key product details:
- 4.78% variable tracker rate (collared at 2.00%) until 31.5.27
- Product fee: None
- Maximum loan-to-value: 75%
- Available to: All borrower types
- Incentives: Free valuation for all and free legal fees for remortgages
- Flexible features: Allows overpayments
- Lending area: England and Wales.
NatWest – Five-year fixed rate mortgage, 95% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“NatWest has reduced most of its fixed rate offerings by up to 0.28%. Seeing a slightly smaller reduction of 0.06% is its five-year fixed rate deal which is now priced at a competitive 5.19% until 31 May 2030. The deal is available for borrowers with a 5% deposit and may entice those looking to save on the upfront cost of their mortgage as there is no payable fee. It also comes with a free valuation incentive. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- 5.19% fixed rate to 31.5.30
- Product fee: None
- Maximum loan-to-value: 95%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain, Northern Ireland.
Virgin Money – Two-year fixed rate mortgage, 95% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Virgin Money has reduced a handful of its fixed rate offerings by up to 0.09%, including its two-year fixed rate mortgage at 95% loan-to-value. The deal is now priced at 5.47% until 1 May 2027. Borrowers with limited deposits may find this an enticing deal as it does not charge any product fees and comes with an attractive incentive package which includes a free valuation and £300 cashback. Borrowers may also note that overpayments and payment holidays are permitted subject to arrangement, which may be a bonus. As such this enters the Moneyfacts 'Best Buys'. Overall, this deal earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.47% fixed rate to 1.5.27
- Product fee: None
- Maximum loan-to-value: 95%
- Available to: First-time buyers
- Incentives: Free valuation and £300 cashback
- Flexible features: Allows overpayments and payment holidays
- Lending area: Great Britain and Wales.
Buy-to-Let
NatWest – Five-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“NatWest has reduced selected fixed rate offerings by up to 0.27%. Seeing a slightly smaller reduction of 0.16% is its five-year fixed rate deal at 75% loan-to-value which is now priced at a competitive 4.34% until 31 May 2030. The deal is available for landlords with a 25% deposit and may entice those looking to save on the upfront cost of their mortgage as there is a reasonable £995 fee, and it also comes with a free valuation incentive. Overall, the deal earns an Outstanding Moneyfacts product rating.”
Key product details:
- 4.34% fixed rate to 31.5.30
- Product fee: £995
- Maximum loan-to-value: 75%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain, Northern Ireland.
Banking
Lloyds Bank – Club Lloyds
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Lloyds Bank has introduced a new switching incentive this week for those who switch to a Club Lloyds account using the Current Account Switch Service (CASS). Customers will receive £175 cashback for those who switch before 1 April 2025 following certain conditions. The account offers some enticing benefits which allow customers to choose one lifestyle benefit each year, ranging from a 12-month Disney+ subscription to cinema tickets. In addition, they can earn up to 15% cashback from selected retailers. Although this account comes with a £3 monthly fee, this is waived if the account if credited with at least £2,000 each month, which could be seen as an added bonus. Overall, the account earns an Excellent Moneyfacts product rating.”
Key product details:
- Credit interest / reward: 1.49% gross per annum on balances up to £4,000, 2.96% thereafter on balances up to £5,000.
- Cashback on debit card purchases: Everyday offers – Earn up to 15% cashback from selected retailers when shopping with a Lloyds Bank credit or debit card. Customers must be registered for online banking and hold a Lloyds Bank current account to be eligible
- Account fee: £3. Account fee waived if account credited with at least £2,000 per month
- Arranged overdraft: 39.90% EAR, plus £50 interest-free buffer. Interest-free for three months on switched current accounts
- Opening account: Online, by phone, in branch or mobile app
- Managing account: Online, by phone, in branch, mobile app, by post, at the Post Office and text alerts
- Other information: Minimum applicant age 18. Eligible for linked Savings Pots. £175 free cash offer, using the Current Account Switch Service including three active direct debits until 1.4.25. Previous accounts must be closed. Ts&Cs apply. Customers can choose one lifestyle benefit each year from a 12-month Disney+ subscription, cinema tickets, magazine subscription, Gourmet Society membership or digital movie rentals.
Savings
Chip – Chip Cash ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Chip has increased the rate on its Chip Cash ISA this week to a competitive 5.03% AER, which includes a 0.68% gross bonus for the first six months providing a promotional code is entered within 14 days of installing the Chip app. Savers need as little as £1 to open the account, and interest is paid monthly which may be useful to those looking for an income boost. As is the case with many variable rate ISAs both instant access and further additions are permitted. However, savers should be aware that they need to hold a Chip subscription (for which both free and paid options are available). The deal secures a prominent position in our top tables and earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.91% gross / 5.03% AER payable monthly (including a 0.68% gross bonus for six months if promo code is entered within 14 days of having the Chip app)
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: ISA allowance
- Access: Permitted
- Further additions: Permitted
- Transfers in: Permitted. Accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted
- Opening account: Via its mobile app
- Managing account: Via its mobile app
- Other information: Minimum applicant age 18. Operated by ClearBank. Investors have the choice between holding a fee-free Chip subscription or paying a £4.99 fee per 28-days subscription. Flexible ISA rules apply.
JN Bank – 5 Year Fixed Term Savings Account
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“JN Bank has reduced the rate on its 5 Year Fixed Term Savings Account. Despite the cut the deal maintains the market-leading position for its term, paying an attractive 4.55%, and can be opened with as little as £100. As is the case with many fixed term accounts, earlier access is not permitted, so savers must be comfortable not having any access to their cash for the full term. However, investors may be glad to note that after initial funding they can make 11 additional payments for 14 days from the account opening. On assessment, the account earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.55% gross / 4. 55% AER payable on its anniversary
- Notice / term: Five-year bond
- Minimum opening amount: £100
- Maximum investment amount: £500,000
- Access: Not permitted
- Further additions: 11 additional payments permitted after initial funding for 14 days from account opening
- Opening account: Online
- Managing account: Online and by phone
- Other information: Minimum applicant age 18.
Close Brothers Savings – 2 Year Fixed Rate Cash ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Close Brothers Savings has increased the rates on a selection of its fixed rate bonds and cash ISAs alongside changing the issue number on its easy access account this week. The two-year fixed ISA option takes a prominent position in the top tables, paying an attractive 4.41% and may well appeal to those looking to maximise their tax-free savings in the short-term. Savers will need a substantial initial investment of £10,000 but further additions are permitted for 10 days from the account opening if they wish to invest more. However, savers should be cautious as even though early access is permitted, this will result in account closure and is subject to a 150-day loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.41% gross / 4.41% AER payable yearly
- Notice / term: Two year
- Minimum opening amount: £10,000
- Maximum investment amount: ISA allowance
- Access: Permitted, on account closure and subject to a 150-day loss of interest penalty
- Further additions: Permitted, for 10 days from account opening
- Transfers in: Permitted, allows Cash and Stocks and Shares ISAs. Transfer instructions must be received within 10 days of account opening
- Transfers out: Permitted, subject to a 150-day loss of interest penalty
- Opening account: Online
- Managing account: Online, by phone and by post
- Other information: Minimum applicant age 18.
Hodge Bank – 3 Year Fixed Rate Bond
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Hodge Bank has reduced the rate on its 3 Year Fixed Rate Bond this week. Despite this it retains a competitive position in the market when compared against its peers. Now paying 4.40% gross on its anniversary, the deal may appeal to savers looking for a competitive return over the next three years and happy to lock their money away for the duration. The monthly interest option may also entice those looking to supplement their income. Savers will need to invest at least £1,000, but the account does allow further additions within the first 14 days of account opening via a nominated account. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.40% gross / 4.40% AER, payable on its anniversary / monthly interest option of 4.31% gross / 4.40% AER also available
- Notice / term: Three years
- Minimum opening amount: £1,000
- Maximum investment amount: £1 million
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening via a nominated account
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 18.
Mortgages
Leeds Building Society – Five-year fixed rate mortgage, 65% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Leeds Building Society has made a selection of rate reductions, as well as adding several new products to its range. One deal to enter the market is its five-year fixed deal at 65% loan-to-value, which is now priced at 4.24% until 31 May 2030. Borrowers may well find this an enticing deal as it does not charge any product fees and comes with an attractive incentive package which includes a free valuation for all borrowers, and those remortgaging can also receive help towards costs. Overall, the product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.24% fixed rate to 31.5.30
- Product fee: None
- Maximum loan-to-value: 65%
- Available to: Second-time buyers and remortgage customers
- Incentives: Free valuation for all and help toward costs for remortgages
- Flexible features: Allows overpayments, and lump sums subject to approval
- Lending area: England, Wales, mainland Scotland and Northern Ireland.
Principality Building Society – Two-year variable tracker rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Principality Building Society re-launched its two-year variable tracker deal. Now priced at 4.78% until 31 May 2027, the deal is available for borrowers at 75% loan-to-value. Borrowers looking to save on the upfront cost of their mortgage will find that there are no product fees and an attractive incentive package which includes a free valuation for all borrowers and, for those remortgaging, free legal fees. Adding to its appeal the deal charges no product fees. Overall, the deal earns an Outstanding Moneyfacts product rating.”
Key product details:
- 4.78% variable tracker rate (collared at 2.00%) until 31.5.27
- Product fee: None
- Maximum loan-to-value: 75%
- Available to: All borrower types
- Incentives: Free valuation for all and free legal fees for remortgages
- Flexible features: Allows overpayments
- Lending area: England and Wales.
NatWest – Five-year fixed rate mortgage, 95% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“NatWest has reduced most of its fixed rate offerings by up to 0.28%. Seeing a slightly smaller reduction of 0.06% is its five-year fixed rate deal which is now priced at a competitive 5.19% until 31 May 2030. The deal is available for borrowers with a 5% deposit and may entice those looking to save on the upfront cost of their mortgage as there is no payable fee. It also comes with a free valuation incentive. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- 5.19% fixed rate to 31.5.30
- Product fee: None
- Maximum loan-to-value: 95%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain, Northern Ireland.
Virgin Money – Two-year fixed rate mortgage, 95% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Virgin Money has reduced a handful of its fixed rate offerings by up to 0.09%, including its two-year fixed rate mortgage at 95% loan-to-value. The deal is now priced at 5.47% until 1 May 2027. Borrowers with limited deposits may find this an enticing deal as it does not charge any product fees and comes with an attractive incentive package which includes a free valuation and £300 cashback. Borrowers may also note that overpayments and payment holidays are permitted subject to arrangement, which may be a bonus. As such this enters the Moneyfacts 'Best Buys'. Overall, this deal earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.47% fixed rate to 1.5.27
- Product fee: None
- Maximum loan-to-value: 95%
- Available to: First-time buyers
- Incentives: Free valuation and £300 cashback
- Flexible features: Allows overpayments and payment holidays
- Lending area: Great Britain and Wales.
Buy-to-Let
NatWest – Five-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“NatWest has reduced selected fixed rate offerings by up to 0.27%. Seeing a slightly smaller reduction of 0.16% is its five-year fixed rate deal at 75% loan-to-value which is now priced at a competitive 4.34% until 31 May 2030. The deal is available for landlords with a 25% deposit and may entice those looking to save on the upfront cost of their mortgage as there is a reasonable £995 fee, and it also comes with a free valuation incentive. Overall, the deal earns an Outstanding Moneyfacts product rating.”
Key product details:
- 4.34% fixed rate to 31.5.30
- Product fee: £995
- Maximum loan-to-value: 75%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain, Northern Ireland.
Banking
Lloyds Bank – Club Lloyds
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Lloyds Bank has introduced a new switching incentive this week for those who switch to a Club Lloyds account using the Current Account Switch Service (CASS). Customers will receive £175 cashback for those who switch before 1 April 2025 following certain conditions. The account offers some enticing benefits which allow customers to choose one lifestyle benefit each year, ranging from a 12-month Disney+ subscription to cinema tickets. In addition, they can earn up to 15% cashback from selected retailers. Although this account comes with a £3 monthly fee, this is waived if the account if credited with at least £2,000 each month, which could be seen as an added bonus. Overall, the account earns an Excellent Moneyfacts product rating.”
Key product details:
- Credit interest / reward: 1.49% gross per annum on balances up to £4,000, 2.96% thereafter on balances up to £5,000.
- Cashback on debit card purchases: Everyday offers – Earn up to 15% cashback from selected retailers when shopping with a Lloyds Bank credit or debit card. Customers must be registered for online banking and hold a Lloyds Bank current account to be eligible
- Account fee: £3. Account fee waived if account credited with at least £2,000 per month
- Arranged overdraft: 39.90% EAR, plus £50 interest-free buffer. Interest-free for three months on switched current accounts
- Opening account: Online, by phone, in branch or mobile app
- Managing account: Online, by phone, in branch, mobile app, by post, at the Post Office and text alerts
- Other information: Minimum applicant age 18. Eligible for linked Savings Pots. £175 free cash offer, using the Current Account Switch Service including three active direct debits until 1.4.25. Previous accounts must be closed. Ts&Cs apply. Customers can choose one lifestyle benefit each year from a 12-month Disney+ subscription, cinema tickets, magazine subscription, Gourmet Society membership or digital movie rentals.
