Savings
Chip – Chip Instant Access Account
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Chip has increased the rate on its Chip Instant Access Account this week. Rising to 5.10% AER, the account now steals the market-leading position in both the easy access and monthly interest sectors. However, this is inclusive of a hefty 2.10% AER bonus which expires after three months so savers could see their rate drop significantly. Savers can invest as little as £1 and, like many easy access accounts, there are no restrictions on withdrawals or further additions. Overall, this account receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.98% gross / 5.10% AER payable monthly, includes 2.03% gross / 2.10% AER bonus for three months. Underlying gross rate guaranteed to be 1.29% below Bank Base rate
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: £1 million
- Access: Permitted
- Further additions: Permitted, minimum £1 addition
- Opening account: Mobile App
- Managing account: Mobile App
- Other information: Minimum applicant age 18. Open banking connection to current account is required. Investors have the choice between holding a fee-free Chip subscription or paying a £4.99 fee per 28-days for a ChipX subscription.
Moneybox – Moneybox Cash ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Moneybox has reduced the rate on its Moneybox Cash ISA. Despite this, the deal maintains a prominent position in the market. It now pays an attractive 4.45% AER, however, it does include a 0.48% bonus for the first 12 months, so it is important savers review the rate when this expires. Savers looking for a tax-free income boost may be pleased to see that interest is paid monthly. Only limited access is permitted, so it is crucial that consumers consider any withdrawals carefully as the rate drops significantly to just 0.75% AER if four or more withdrawals are made. In more positive news, further additions are permitted at any time into the account and investors can choose to split their Cash ISA savings across multiple ISAs within Moneybox’s range. On assessment, this deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.36% gross / 4.45% AER payable monthly (includes a 0.48% bonus for 12 months)
- Notice / term: None
- Minimum opening amount: £500
- Maximum investment amount: ISA allowance
- Access: Permitted. Lower rate of 0.75% gross/AER paid if more than three withdrawals made per 12-month period
- Further additions: Permitted
- Transfers in: Permitted. Accepts Cash, Stocks and Shares, Help to Buy and Innovative Finance ISAs
- Transfers out: Permitted
- Opening account: Online and via mobile app
- Managing account: Online and via mobile app
- Other information: Minimum applicant age 18. New customers only. Investors can choose to split their Cash ISA savings across multiple ISAs within Moneybox’s range.
Mortgages
first direct – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“first direct has reduced a handful of rate cuts, mainly to its house purchase fixed rates. The two-year option at 60% loan-to-value has seen a small 0.08% cut and is now priced at 3.78%, just shy of the top deals on rate alone. Adding to its appeal, the offer carries a smaller than average £490 product fee alongside a free valuation incentive, which may make it an ideal choice for those looking to save on upfront costs. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 3.78% fixed rate for two years
- Product fee: £490
- Maximum loan-to-value: 60%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Yorkshire Building Society – Two-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Remortgage customers seeking a competitive deal with reasonable upfront costs may find this latest fixed rate deal from Yorkshire Building Society an attractive choice. The two-year fixed rate mortgage at 75% loan-to-value has seen a small 0.03% cut this week and now charges 3.93% until 31 October 2027. Borrowers can still expect a reasonable £995 fee attached which is offset by its free valuation and free legal fee incentives. Borrowers can also make overpayments, as well as underpayments and payment holidays subject to conditions, which could be a bonus. Considering the package as a whole, the offering earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 3.93% fixed rate to 31.10.27
- Product fee: £995
- Maximum loan-to-value: 75%
- Available to: Remortgage customers
- Incentives: Free valuation and free legal fees
- Flexible features: Allows overpayments. Underpayments and payment holidays considered, not to exceed level of overpayments previously made
- Lending area: Great Britain and Northern Ireland.
Savings
Chip – Chip Instant Access Account
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Chip has increased the rate on its Chip Instant Access Account this week. Rising to 5.10% AER, the account now steals the market-leading position in both the easy access and monthly interest sectors. However, this is inclusive of a hefty 2.10% AER bonus which expires after three months so savers could see their rate drop significantly. Savers can invest as little as £1 and, like many easy access accounts, there are no restrictions on withdrawals or further additions. Overall, this account receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.98% gross / 5.10% AER payable monthly, includes 2.03% gross / 2.10% AER bonus for three months. Underlying gross rate guaranteed to be 1.29% below Bank Base rate
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: £1 million
- Access: Permitted
- Further additions: Permitted, minimum £1 addition
- Opening account: Mobile App
- Managing account: Mobile App
- Other information: Minimum applicant age 18. Open banking connection to current account is required. Investors have the choice between holding a fee-free Chip subscription or paying a £4.99 fee per 28-days for a ChipX subscription.
Moneybox – Moneybox Cash ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Moneybox has reduced the rate on its Moneybox Cash ISA. Despite this, the deal maintains a prominent position in the market. It now pays an attractive 4.45% AER, however, it does include a 0.48% bonus for the first 12 months, so it is important savers review the rate when this expires. Savers looking for a tax-free income boost may be pleased to see that interest is paid monthly. Only limited access is permitted, so it is crucial that consumers consider any withdrawals carefully as the rate drops significantly to just 0.75% AER if four or more withdrawals are made. In more positive news, further additions are permitted at any time into the account and investors can choose to split their Cash ISA savings across multiple ISAs within Moneybox’s range. On assessment, this deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.36% gross / 4.45% AER payable monthly (includes a 0.48% bonus for 12 months)
- Notice / term: None
- Minimum opening amount: £500
- Maximum investment amount: ISA allowance
- Access: Permitted. Lower rate of 0.75% gross/AER paid if more than three withdrawals made per 12-month period
- Further additions: Permitted
- Transfers in: Permitted. Accepts Cash, Stocks and Shares, Help to Buy and Innovative Finance ISAs
- Transfers out: Permitted
- Opening account: Online and via mobile app
- Managing account: Online and via mobile app
- Other information: Minimum applicant age 18. New customers only. Investors can choose to split their Cash ISA savings across multiple ISAs within Moneybox’s range.
Mortgages
first direct – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“first direct has reduced a handful of rate cuts, mainly to its house purchase fixed rates. The two-year option at 60% loan-to-value has seen a small 0.08% cut and is now priced at 3.78%, just shy of the top deals on rate alone. Adding to its appeal, the offer carries a smaller than average £490 product fee alongside a free valuation incentive, which may make it an ideal choice for those looking to save on upfront costs. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 3.78% fixed rate for two years
- Product fee: £490
- Maximum loan-to-value: 60%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Yorkshire Building Society – Two-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Remortgage customers seeking a competitive deal with reasonable upfront costs may find this latest fixed rate deal from Yorkshire Building Society an attractive choice. The two-year fixed rate mortgage at 75% loan-to-value has seen a small 0.03% cut this week and now charges 3.93% until 31 October 2027. Borrowers can still expect a reasonable £995 fee attached which is offset by its free valuation and free legal fee incentives. Borrowers can also make overpayments, as well as underpayments and payment holidays subject to conditions, which could be a bonus. Considering the package as a whole, the offering earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 3.93% fixed rate to 31.10.27
- Product fee: £995
- Maximum loan-to-value: 75%
- Available to: Remortgage customers
- Incentives: Free valuation and free legal fees
- Flexible features: Allows overpayments. Underpayments and payment holidays considered, not to exceed level of overpayments previously made
- Lending area: Great Britain and Northern Ireland.
