Savings
Vida Savings – 1 Year Fixed Rate ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week Vida Savings has increased the rate on its 1 Year Fixed Rate ISA, which sees it take the market-leading position when compared to its peers. The account offers 4.28% AER on its anniversary, but there is also a monthly interest option available. Savers can invest as little as £100 and further additions are permitted for 21 days from the account opening via a nominated account. However, although earlier access is permitted savers should plan carefully as withdrawals are subject to a 90-day loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.28% gross / 4.28% AER, payable on its anniversary / monthly interest option of 4.20% gross / 4.28% AER also available
- Notice / term: One year
- Minimum opening amount: £100
- Maximum investment amount: £85,000
- Access: Permitted, subject to 90-day loss of interest via a nominated account.
- Further additions: Permitted for 21 days from account opening via nominated account
- Transfers in: Permitted, accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted, subject to 90-day loss of interest
- Opening account: Online
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. Investors can choose to split their Cash ISA savings across multiple ISAs within Vida Savings’ range.
Buy-to-let
Accord Mortgages – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Accord Mortgages has made rate reductions of up to 0.04% to a selection of its fixed rates for landlords. The two-year option at 60% loan-to-value deal has seen a smaller 0.03% cut and now charges 4.15% via selected intermediaries until 31 January 2028. Borrowers searching for a competitive rate and incentive package may find this an appealing choice as the deal offers a free valuation and £250 cashback incentive, and borrowers can also add the £995 product fee to the advance of the mortgage. Overall, this product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.15% fixed rate until 31.1.28
- Product fee: £995
- Maximum loan-to-value: 60%
- Available to: Second-time buyers and remortgage customers, via selected intermediaries
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Cards
M&S Bank – Credit Card Purchase Plus Offer Mastercard
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“The latest update from M&S Bank sees an increase to the introductory 0% purchase term to 25 months on its Credit Card Purchase Plus Offer Mastercard. This card is one of the best on the market offering a longer introductory 0% purchase term and may be an appealing option for borrowers looking to spend over a longer period. Although lower balance transfer fees are available, this card also gives borrowers the benefit of 0% on balance transfers for 12 months which may add to its appeal. Borrowers can also receive a wide range of rewards by collecting points which can be spent in M&S stores. On assessment, the card earns an Outstanding Moneyfacts product rating.”
Key product details:
- Introductory rate for purchases: 0% for 25 months
- Introductory rate for balance transfers: 0% for 12 months
- Standard rate for purchases: 24.9% APR
- Balance transfer fee: 3.49% (£5 minimum) as an introductory charge during the first 90 days from account opening. Standard fee quoted on application.
- Card fee: None
- Opening method: Online, by phone and by post
- Card management: Online, by phone, by post and via its mobile app
- Other information: Minimum age 18. Minimum income £6,800. 1 point will be earned for every full £1 spent in Marks & Spencer UK stores, internet, outlets and Simply Food. 1 point will be earned for every £5 spent outside of Marks & Spencer. Points will be converted into reward vouchers four times a year and sent to the customers with the Loyalty statement. Remaining points will be carried over to the next collection period. Rewards vouchers can be redeemed in all Marks & Spencer UK stores and online. Points cannot be exchanged for cash or gift vouchers. 1 point = 1p (min 100pts).
Savings
Vida Savings – 1 Year Fixed Rate ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week Vida Savings has increased the rate on its 1 Year Fixed Rate ISA, which sees it take the market-leading position when compared to its peers. The account offers 4.28% AER on its anniversary, but there is also a monthly interest option available. Savers can invest as little as £100 and further additions are permitted for 21 days from the account opening via a nominated account. However, although earlier access is permitted savers should plan carefully as withdrawals are subject to a 90-day loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.28% gross / 4.28% AER, payable on its anniversary / monthly interest option of 4.20% gross / 4.28% AER also available
- Notice / term: One year
- Minimum opening amount: £100
- Maximum investment amount: £85,000
- Access: Permitted, subject to 90-day loss of interest via a nominated account.
- Further additions: Permitted for 21 days from account opening via nominated account
- Transfers in: Permitted, accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted, subject to 90-day loss of interest
- Opening account: Online
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. Investors can choose to split their Cash ISA savings across multiple ISAs within Vida Savings’ range.
Buy-to-let
Accord Mortgages – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Accord Mortgages has made rate reductions of up to 0.04% to a selection of its fixed rates for landlords. The two-year option at 60% loan-to-value deal has seen a smaller 0.03% cut and now charges 4.15% via selected intermediaries until 31 January 2028. Borrowers searching for a competitive rate and incentive package may find this an appealing choice as the deal offers a free valuation and £250 cashback incentive, and borrowers can also add the £995 product fee to the advance of the mortgage. Overall, this product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.15% fixed rate until 31.1.28
- Product fee: £995
- Maximum loan-to-value: 60%
- Available to: Second-time buyers and remortgage customers, via selected intermediaries
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Cards
M&S Bank – Credit Card Purchase Plus Offer Mastercard
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“The latest update from M&S Bank sees an increase to the introductory 0% purchase term to 25 months on its Credit Card Purchase Plus Offer Mastercard. This card is one of the best on the market offering a longer introductory 0% purchase term and may be an appealing option for borrowers looking to spend over a longer period. Although lower balance transfer fees are available, this card also gives borrowers the benefit of 0% on balance transfers for 12 months which may add to its appeal. Borrowers can also receive a wide range of rewards by collecting points which can be spent in M&S stores. On assessment, the card earns an Outstanding Moneyfacts product rating.”
Key product details:
- Introductory rate for purchases: 0% for 25 months
- Introductory rate for balance transfers: 0% for 12 months
- Standard rate for purchases: 24.9% APR
- Balance transfer fee: 3.49% (£5 minimum) as an introductory charge during the first 90 days from account opening. Standard fee quoted on application.
- Card fee: None
- Opening method: Online, by phone and by post
- Card management: Online, by phone, by post and via its mobile app
- Other information: Minimum age 18. Minimum income £6,800. 1 point will be earned for every full £1 spent in Marks & Spencer UK stores, internet, outlets and Simply Food. 1 point will be earned for every £5 spent outside of Marks & Spencer. Points will be converted into reward vouchers four times a year and sent to the customers with the Loyalty statement. Remaining points will be carried over to the next collection period. Rewards vouchers can be redeemed in all Marks & Spencer UK stores and online. Points cannot be exchanged for cash or gift vouchers. 1 point = 1p (min 100pts).
