Savings

DF Capital Easy Access Account (Issue 7)

Commenting on the deal, Adam French, Head of Consumer Finance at Moneyfactscompare.co.uk, said:

“DF Capital has increased the rate on its Easy Access Account, now paying 4.20% AER, making it one of the most competitive options on the market if you want to make regular deposits and withdrawals and get easy access to your money. The account requires a minimum £1,000 deposit and offers monthly interest payments. It allows for unlimited, flexible withdrawals but typically requires notice of one working day to withdraw funds.”

Key product details:

• Rate: 4.20% AER / 4.12% Gross variable
• Minimum opening amount: £1,000
• Maximum investment amount: £250,000
• Access: Flexible but usually requires one working day’s notice to withdraw funds. Further additions and access must be via nominated account
• Opening account: Online
• Managing account: Online, Telephone
• Other information: Applicants must be UK residents and aged 18+. There is a minimum withdrawal amount of £1,000 unless your account balance is lower, in which case you can only withdraw the whole balance.

Mortgages

Skipton Building Society – 3 Years Fixed Residential Mortgage

Commenting on the deal, Adam French, Head of Consumer Finance at Moneyfactscompare.co.uk, said:

“Despite many lenders having increased rates in recent weeks, Skipton Building Society has cut its three-year deal at 85% loan-to-value by 0.07%, now 4.28%. No fee is payable and incentives of a free valuation for all borrower types and free legal fees for those remortgaging are also included. All together it’s a Moneyfacts 'Best Buy' in the remortgage sector.”

Key product details:

• Rate: 4.28% fixed rate to 30.4.29
• Product fee: None
• Maximum loan-to-value: 85%
• Available to: House purchase and remortgage customers
• Incentives: Free valuation for all borrower types and free legal fees for those remortgaging
• Flexible features: Allows overpayments up to 10% of original balance per year
• Lending area: Great Britain.

Cards

Lloyds Bank Platinum Long 0% Balance Transfer Credit Card Visa

Commenting on the deal, Adam French, Head of Consumer Finance at Moneyfactscompare.co.uk, said:

 “Lloyds Bank has increased the introductory 0% balance transfer term on its Platinum Long 0% Balance Transfer card to 35 months and cut the balance transfer fee to 2.49%. This is one of the longest 0% balance transfer periods on the market and gives borrowers longer to pay off existing balances interest-free. This card also offers six months interest free on purchases.”

Key product details:

• Introductory rate for balance transfers: 0% for up to 35 months. Balance must be transferred within 90 days
• Introductory rate for purchases: 0% for up to 6 months.
• Standard rate for purchases: 24.9% APR
• Balance transfer fee: 2.49% as an introductory charge during the three months from account opening. Standard fee: 5.00%
• Opening method: Online, by phone and in branch
• Card management: Online, by phone, in branch and via its mobile app
• Other information: Minimum age 18. Minimum income £14,000 per year. Earn up to 15% cashback from selected retailers when shopping with a Lloyds Bank credit card using Everyday Offers. Customers must be registered for Online Banking.