Savings

Plum – Plum Cash ISA

Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:

“Plum has improved the rate on the £100 tier of its Plum Cash ISA this week, now paying a highly attractive rate of 5.06% AER. Savers can make up to three withdrawals before an interest penalty, so it would be wise to keep a note of any withdrawals. The interest is paid monthly, which may be a plus for those looking to supplement their income. However, the overall rate includes a 1.50% gross bonus for 12 months, so careful planning is a must to review the rate just before this expires. Overall, this deal earns an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 2.47% gross / 2.50% AER paid from £1, 4.99% gross / 5.06% AER paid from £100, payable monthly (including a 1.50% gross / 1.50% AER bonus for 12 months on the £100 tier only, payable on first anniversary from account opening)
• Notice / term: None
• Minimum opening amount: £1
• Maximum investment amount: ISA allowance
• Access: Permitted, 2.47% gross / 2.50% AER paid if more than three withdrawals are made per year. Minimum withdrawal £1.
• Further additions: Permitted, minimum addition £1
• Transfers in: Permitted, accepts Cash ISAs, Stocks & Shares ISAs, Help to Buy ISAs, Lifetime ISAs, Innovative Finance ISAs and Stocks & Shares LISAs. Bonus rate not applicable if opened via transferring an existing ISA
• Transfers out: Permitted
• Opening account: Via its mobile app
• Managing account: Via its mobile app
• Other information: Minimum applicant age 18. Operated by Citibank UK Limited. Bonus rate only applicable if a minimum account balance of £100 is maintained and not opened via transferring in an existing ISA. Investors can choose to split their Cash ISA savings across multiple ISAs within Plum’s range.

Tandem Bank – 1 Year Fixed Saver

Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:

“This week, Tandem Bank has increased the rate on its 1 Year Fixed Saver, which improves its position in the market. Now paying 4.55%, the deal may be an attractive choice for savers looking to lock their money away for a guaranteed return. Those who invest from as little as £1 can make further additions for 14 days from account opening, but, as is typical of fixed accounts, savers will not be permitted to access their funds early. Overall, the deal earns an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 4.55% gross / 4.55% AER payable on anniversary
• Notice / term: One year
• Minimum opening amount: £1
• Maximum investment amount: £2.5 million
• Access: Not permitted
• Further additions: Permitted for 14 days from account opening
• Opening account: Online and via its mobile app
• Managing account: Mobile app
• Other information: Minimum applicant age 18. By opening an account, savers are supporting Tandem Bank's green lending initiatives and helping to make UK homes more sustainable and environmentally friendly.

United Trust Bank – Cash ISA 1 Year Bond

Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:

“United Trust Bank has increased the rate on its one-year fixed Cash ISA this week. Now paying 4.27%, the deal maintains a prominent position in its sector and may well entice savers looking to take advantage of their ISA allowance. Savers can invest from £5,000 and make transfers in from cash ISAs, plus they can access their cash early if they so wish, subject to an interest penalty. The deal earns an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 4.27% gross / 4.27% AER payable on maturity
• Notice / term: One year
• Minimum opening amount: £5,000
• Maximum investment amount: ISA allowance
• Access: Permitted. Subject to 180-day loss of interest. Interest can be withdrawn annually on anniversary
• Further additions: Permitted for 14 days from account opening via a nominated account
• Transfers in: Permitted. Accepts Cash ISAs
• Transfers out: Permitted. Subject to 180-day loss of interest
• Opening account: Online
• Managing account: Online, by phone and by post
• Other information: Minimum applicant age 18.

Mortgages

Nationwide Building Society – Five-year fixed rate mortgage, 60% loan-to-value

Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:

“Nationwide Building Society has this week reduced selected fixed rates in its range, including its five-year fixed rate deal at 60% loan-to-value. Now priced at 3.89%, the deal includes an attractive incentive package of a free valuation and a Green Reward. The mortgage charges a £1,499 product fee, which can be added to the mortgage advance to help those looking to save on the upfront cost of their deal. Overall, this product earns an Outstanding Moneyfacts product rating.”

Key product details:

• Rate: 3.89% fixed rate for five years
• Product fee: £1,499
• Maximum loan-to-value: 60%
• Available to: Second-time buyers
• #Incentives: Free valuation. £250 Green Reward for properties with an EPC score of 86 to 91, or £500 Green Reward for properties with an EPC score of 92+.
• Flexible features: Allows overpayments. Underpayments considered subject to approval and overpayments having been made.
• Lending area: Great Britain and Northern Ireland (excluding Scilly Isles).

NatWest – Five-year fixed rate mortgage, 75% loan-to-value

Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:

“NatWest has reduced selected fixed rates in its range this week, including its five-year fixed offer at 75% loan-to-value. This online exclusive deal is now priced at 4.08% and may appeal to borrowers looking to secure a competitive rate. A free valuation incentive is included, and the £1,495 product fee can be added to the mortgage advance, which may appeal to those looking to limit the upfront cost of their mortgage. Overall, this product earns an Outstanding Moneyfacts product rating.”

Key product details:

• Rate: 4.08% fixed rate to 31.7.30
• Product fee: £1,495
• Maximum loan-to-value: 75%
• Available to: House purchase customers
• Incentives: Free valuation
• Flexible features: Allows overpayments
• Lending area: Great Britain and Northern Ireland. Online exclusive deal.

Lloyds Bank – Five-year fixed rate mortgage, 80% loan-to-value

Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:

“This week Lloyds Bank has reduced selected fixed rate mortgages in its range, including its five-year fixed rate deal at 80% loan-to-value which has been cut by 0.21%. Now priced at 4.27%, the deal may appeal to borrowers looking for peace of mind with their mortgage repayments over the next five years. An incentive package of a free valuation is included, and the £999 product fee can be added to the mortgage advance. A Green Home cashback reward of £250 is also available for qualifying properties. Overall, this package may entice those looking to save on the upfront cost of their mortgage and earns an Outstanding Moneyfacts product rating.”

Key product details:

• Rate: 4.27% fixed rate to 31.8.30
• Product fee: £999
• Maximum loan-to-value: 80%
• Available to: House purchase customers
• Incentives: Free valuation. Green Home cashback of £250 available for properties with an Energy Efficiency Band of A or B or a rating of 81 or higher.
• Flexible features: Allows overpayments and payment holidays
• Lending area: Great Britain and Northern Ireland.

first direct – Three-year fixed rate mortgage, 75% loan-to-value

Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:

“first direct has reduced selected fixed rates in its range this week, including its three-year fixed offer at 75% loan-to-value. Now priced at 4.19%, the deal includes a free valuation and charges a reasonable product fee of £490, which is payable upfront. House purchase customers looking for a competitive package may then find this deal appealing. Overall, this product earns an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 4.19% fixed rate for three years
• Product fee: £490
• Maximum loan-to-value: 75%
• Available to: House purchase customers
• Incentives: Free valuation
• Flexible features: Allows overpayments
• Lending area: Great Britain and Northern Ireland.

Buy-to-let

NatWest – Five-year fixed rate mortgage, 60% loan-to-value

Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:

“Landlords looking for a competitive package may find the five-year fixed rate deal from NatWest attractive. After a rate reduction this week, the deal is now priced at 4.26% and includes an incentive package of a free valuation. The deal does charge a £995 product fee, but this can be added to the mortgage advance. Overall, the package may appeal to borrowers looking to lock into a competitive rate over the short-term. Overall, the deal earns an Outstanding Moneyfacts product rating.”

Key product details:

• Rate: 4.26% fixed rate to 31.7.30
• Product fee: £995
• Maximum loan-to-value: 60%
• Available to: House purchase customers
• Incentives: Free valuation
• Flexible features: Allows overpayments
• Lending area: Great Britain and Northern Ireland.

Cards

Virgin Money – 31 Month Balance Transfer Credit Card Mastercard

Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:

“This week, Virgin Money has improved its introductory balance transfer offer from 29 months up to 31 months interest-free, increasing its appeal. Those looking to transfer debts may also be pleased by the reduction to its upfront balance transfer fee to 3.25%, previously 3.45%. The card also has an interest-free offer of three months for purchases and 12 months for money transfers. Customers can enjoy exclusive offers and rewards on the Virgin Red app, which enhances its overall appeal. Overall, the card earns an Outstanding Moneyfacts product rating.”

Key product details:

• Introductory rate for purchases: 0% for three months
• Introductory rate for balance transfers: 0% for 31 months
• Standard rate for purchases: 24.9% APR
• Balance transfer fee: 3.25% as an introductory charge during the first two months from account opening, rising to 5.00% (no min) thereafter
• Card fee: None
• Opening method: Online and in branch
• Card management: By phone, post and via its mobile app
• Other information: Minimum age 18. Enjoy exclusive offers and rewards on the Virgin Red app. Rates dependent on credit rating.

Barclaycard – Platinum 21 Month BT and 24 Month Purchase Visa

Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:

“The latest review from Barclaycard sees it improve the introductory interest-free terms on its dual credit card. Now offering 24 months interest-free on purchases and 21 months on balance transfers, it’s ideal for those who want to move debts but also make purchases. Borrowers can also take advantage of lifestyle perks, which include exclusive presale tickets on selected festivals with 10% off ticket prices and up to 15% cashback from selected retailers with Barclaycard Cashback Rewards. Overall, the card earns an Outstanding Moneyfacts product rating.”

Key product details:

• Introductory rate for purchases: 0% for 24 months
• Introductory rate for balance transfers: 0% for 21 months
• Standard rate for purchases: 24.9% APR
• Balance transfer fee: 2.95% as an introductory charge during the first two months from account opening. Standard fee quoted on application. Balance must be transferred within 60 days
• Card fee: None
• Opening method: Online, by phone and in branch
• Card management: Online, by phone, by post, in branch and via its mobile app
• Other information: Minimum age 21. Minimum income £20,000. Buy tickets for up to 3,500 selected live events through Barclaycard entertainment and get 5% off tickets per year and exclusive presale tickets on selected festivals with 10% off ticket prices. Save 10% on food and drink at all UK O2 Academy venues. Earn up to 15% cashback on selected retailers with Barclaycard Cashback Rewards.

Loans

Novuna Personal Finance – Unsecured Personal Loan

Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:

“Novuna Personal Finance has increased rates on selected tiers of its Personal Loan this week. Despite the increase on its tier of £7,500 to £25,000, the loan sits comfortably against its peers towards the top of the market. The loan also allows overpayments to be made without incurring an early repayment charge, which adds to its appeal. Overall, the product earns an Excellent Moneyfacts product rating.”

Key product details:

• Representative APR: 6.5%
• Loan period: Rate shown is based on a term of 60 months for a £7,500 borrowing
• Application available: Online and by phone
• Other information: Minimum age 21. Minimum Applicant Net Income £10,000 per year.