Savings
Nationwide Building Society – Flex Regular Saver Issue 2
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Nationwide Building Society has launched a new regular savings account this week, the Flex Regular Saver, which pays 8.00% and is available to new and existing current account customers. The account grabs a position at the top of its sector and may attract savers who want to save diligently each month and can limit their withdrawals to three per year to avoid an interest rate reduction. Overall, this receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 8.00% gross / 8.00% AER variable payable on anniversary
- Notice / term: None
- Minimum opening amount: £1
- Maximum monthly investment amount: £200
- Access: Permitted, but more than three withdrawals will result in lower rate of 2.15%
- Further additions: No requirement to pay in specific deposits each month.
- Opening account: Online and mobile app
- Managing account: Online and mobile app
- Other information: Minimum applicant age 16. Joint account option available. Rate applies for 12 months, it reverts to an instant access savings account paying a lower rate, which will be notified individually at the end of the term.
Coventry Building Society – Regular Saver (5)
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Coventry Building Society has increased the rate on its Regular Saver (5) this week, which now pays 5.50%. The account grabs a prominent position towards the top of its sector and may attract savers who are looking to save towards a specific goal, as this offer allows them to put away up to £500 per month. Careful planning is wise, as earlier access is subject to a 30-day loss of interest penalty. Overall, this receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.50% gross / 5.50% AER variable payable on anniversary
- Notice / term: 12 months
- Minimum opening amount: £1
- Maximum monthly investment amount: £500
- Maximum investment amount: £6,000
- Access: Permitted, subject to 30-day loss of interest penalty
- Further additions: No requirement to pay in specific deposits each month
- Opening account: Online, in branch, by post and over the phone
- Managing account: Online, in branch, by post and over the phone
- Other information: Minimum applicant age 16. Joint account option available. Reverts into Easy Access Saver (7) after 12 months, currently paying 3.10% gross / 3.10% AER variable payable on anniversary or 3.06% gross / 3.10% AER variable payable monthly. New money only.
Shawbrook Bank – Easy Access Issue 36
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, Shawbrook Bank has increased the rate on its Easy Access savings account, which may entice savers looking for flexibility. The deal now pays 5.02% and is available to savers who have at least £1,000 to invest upfront. Unlimited withdrawals can be made, but savers will need to withdraw at least £500. Savers will also find a monthly interest option is available, which may appeal if they are looking to supplement their income. The deal secures a prominent position in our top tables and earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.02% gross / 5.02% AER payable on anniversary / monthly interest option of 4.91% gross / 5.02% AER also available
- Notice / term: None
- Minimum opening amount: £1,000
- Maximum investment amount: £85,000
- Access: Permitted via nominated account. Minimum withdrawal amount £500
- Further additions: Permitted via nominated account
- Opening account: Online
- Managing account: Online and by phone
- Other information: Minimum applicant age 18. Joint account option available.
Secure Trust Bank – 2 Year Fixed Rate Bond (30.Oct.25)
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, Secure Trust Bank has increased the rate on its 2 Year Fixed Rate Bond, which now pays 6.00%. The deal has improved its position within its sector and may well attract savers who are prepared to lock away their cash for a guaranteed return over the next two years. Savers need £1,000 to invest but they can make further additions for 30 days from account opening. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 6.00% gross / 6.00% AER payable yearly
- Notice / term: Two years
- Minimum opening amount: £1,000
- Maximum investment amount: £1 million
- Access: Not permitted
- Further additions: Permitted for 30 days from account opening
- Opening account: Online
- Managing account: Online and by phone
- Other information: Minimum applicant age 18. Joint account option available.
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 5.70%, the deal takes 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: 5.70% gross / 5.70% AER payable on its anniversary
- Notice / term: One year
- Minimum opening amount: £5,000
- Maximum investment amount: ISA allowance
- Access: Early access on 180-day loss of interest penalty
- Further additions: Not permitted
- Transfers in: Permitted. Accepts cash ISAs
- Transfers out: Permitted, subject to 180-day loss of interest penalty
- Opening account: Online
- Managing account: Online, by post, and by phone
- Other information: Minimum applicant age 18.
Mortgages
Yorkshire Building Society – Five-year fixed rate mortgage, 85% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Yorkshire Building Society has reduced rates across selected fixed deals this week, including its five-year fixed mortgage at 85% loan-to-value. Now priced at 5.31% and fixed to 30 November 2028, the deal offers both a free valuation alongside £250 cashback, and borrowers can also add the £495 product fee to the advance of the mortgage. Overall, this product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.31% fixed rate to 30.11.28
- Product fee: £495
- Maximum loan-to-value: 85%
- Available to: House purchase customers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments. Underpayments and payment holidays considered, not to exceed level of overpayments previously made
- Lending area: Great Britain and Northern Ireland.
first direct – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, first direct has reduced selected fixed rates in its range, including its two-year fixed offer at 60% loan-to-value. Now priced at 5.70%, the deal may appeal to borrowers looking to save on the upfront cost of their mortgage. A free valuation for all borrowers is part of its incentive package, with free legal fees for those remortgaging, plus the deal charges a reasonable £490 product fee. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.70% fixed rate for two years
- Product fee: £490
- Maximum loan-to-value: 60%
- Available to: All borrowers
- Incentives: Free valuation for all borrowers and free legal fees for those remortgaging
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Buy-to-let
Accord Mortgages – Five-year fixed rate mortgage, 80% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Accord Mortgages has reduced selected fixed deals in its range this week, including a five-year fixed rate 80% loan-to-value deal. Now priced at 5.93%, and available via selected intermediaries, those searching for a competitive rate and incentive package may find this an appealing choice. The deal offers a £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: 5.93% fixed rate until 31.1.29.
- Product fee: £995
- Maximum loan-to-value: 80%
- Available to: Second-time buyers, via selected intermediaries.
- Incentives: £250 cashback
- Flexible features: Allows overpayments.
- Lending area: Great Britain.
Chorley Building Society – Two-year discounted-variable rate mortgage, 60% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Landlords searching for a new deal may find the two-year discounted-variable rate mortgage from Chorley Building Society appealing after a rate cut this week. Now priced at 6.05%, the deal may not carry an incentive package, but it does charge a reasonable product fee of £999 which can be added to the mortgage advance. This deal secures an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 6.05% discounted-variable rate (2.69% discount) for 2 years
- Product fee: £999
- Maximum loan-to-value: 60%
- Available to: All borrowers
- Incentives: None
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Banking
TSB – Spend & Save
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“TSB has introduced a switching incentive this week for customers who switch to either the Spend & Save or Spend & Save Plus account. Customers who switch using the CASS (Current Account Switch Service) will now receive £150 cashback. The Spend & Save account does not pay any credit interest, but once the switch has been completed, customers can earn up to £60 cashback in the first six months when making 20 or more debit card payments each month. As with any account, customers will need to weigh up all the benefits and charges to ensure it’s the right choice for them. On balance, the account earns an Outstanding Moneyfacts product rating.
Key product details:
- Credit interest / reward: None
- Cashback on debit card purchases: Customers can earn up to £60 cashback in the first six months when making 20 or more debit card payments each month.
- Account fee: None
- Arranged overdraft: 39.90% EAR, plus interest-free for three months on switched current accounts
- Opening account: Online, in branch, or mobile app
- Managing account: Online, in branch, by phone or mobile app
- Other information: Minimum applicant age 18. Eligible for linked Savings Pots. £150 free cash offer, using the Current Account Switch Service, customers must have logged into the TSB Mobile Banking App, made at least one debit card payment, and have two active Direct Debits by 31 October 2023.
Savings
Nationwide Building Society – Flex Regular Saver Issue 2
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Nationwide Building Society has launched a new regular savings account this week, the Flex Regular Saver, which pays 8.00% and is available to new and existing current account customers. The account grabs a position at the top of its sector and may attract savers who want to save diligently each month and can limit their withdrawals to three per year to avoid an interest rate reduction. Overall, this receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 8.00% gross / 8.00% AER variable payable on anniversary
- Notice / term: None
- Minimum opening amount: £1
- Maximum monthly investment amount: £200
- Access: Permitted, but more than three withdrawals will result in lower rate of 2.15%
- Further additions: No requirement to pay in specific deposits each month.
- Opening account: Online and mobile app
- Managing account: Online and mobile app
- Other information: Minimum applicant age 16. Joint account option available. Rate applies for 12 months, it reverts to an instant access savings account paying a lower rate, which will be notified individually at the end of the term.
Coventry Building Society – Regular Saver (5)
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Coventry Building Society has increased the rate on its Regular Saver (5) this week, which now pays 5.50%. The account grabs a prominent position towards the top of its sector and may attract savers who are looking to save towards a specific goal, as this offer allows them to put away up to £500 per month. Careful planning is wise, as earlier access is subject to a 30-day loss of interest penalty. Overall, this receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.50% gross / 5.50% AER variable payable on anniversary
- Notice / term: 12 months
- Minimum opening amount: £1
- Maximum monthly investment amount: £500
- Maximum investment amount: £6,000
- Access: Permitted, subject to 30-day loss of interest penalty
- Further additions: No requirement to pay in specific deposits each month
- Opening account: Online, in branch, by post and over the phone
- Managing account: Online, in branch, by post and over the phone
- Other information: Minimum applicant age 16. Joint account option available. Reverts into Easy Access Saver (7) after 12 months, currently paying 3.10% gross / 3.10% AER variable payable on anniversary or 3.06% gross / 3.10% AER variable payable monthly. New money only.
Shawbrook Bank – Easy Access Issue 36
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, Shawbrook Bank has increased the rate on its Easy Access savings account, which may entice savers looking for flexibility. The deal now pays 5.02% and is available to savers who have at least £1,000 to invest upfront. Unlimited withdrawals can be made, but savers will need to withdraw at least £500. Savers will also find a monthly interest option is available, which may appeal if they are looking to supplement their income. The deal secures a prominent position in our top tables and earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.02% gross / 5.02% AER payable on anniversary / monthly interest option of 4.91% gross / 5.02% AER also available
- Notice / term: None
- Minimum opening amount: £1,000
- Maximum investment amount: £85,000
- Access: Permitted via nominated account. Minimum withdrawal amount £500
- Further additions: Permitted via nominated account
- Opening account: Online
- Managing account: Online and by phone
- Other information: Minimum applicant age 18. Joint account option available.
Secure Trust Bank – 2 Year Fixed Rate Bond (30.Oct.25)
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, Secure Trust Bank has increased the rate on its 2 Year Fixed Rate Bond, which now pays 6.00%. The deal has improved its position within its sector and may well attract savers who are prepared to lock away their cash for a guaranteed return over the next two years. Savers need £1,000 to invest but they can make further additions for 30 days from account opening. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 6.00% gross / 6.00% AER payable yearly
- Notice / term: Two years
- Minimum opening amount: £1,000
- Maximum investment amount: £1 million
- Access: Not permitted
- Further additions: Permitted for 30 days from account opening
- Opening account: Online
- Managing account: Online and by phone
- Other information: Minimum applicant age 18. Joint account option available.
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 5.70%, the deal takes 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: 5.70% gross / 5.70% AER payable on its anniversary
- Notice / term: One year
- Minimum opening amount: £5,000
- Maximum investment amount: ISA allowance
- Access: Early access on 180-day loss of interest penalty
- Further additions: Not permitted
- Transfers in: Permitted. Accepts cash ISAs
- Transfers out: Permitted, subject to 180-day loss of interest penalty
- Opening account: Online
- Managing account: Online, by post, and by phone
- Other information: Minimum applicant age 18.
Mortgages
Yorkshire Building Society – Five-year fixed rate mortgage, 85% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Yorkshire Building Society has reduced rates across selected fixed deals this week, including its five-year fixed mortgage at 85% loan-to-value. Now priced at 5.31% and fixed to 30 November 2028, the deal offers both a free valuation alongside £250 cashback, and borrowers can also add the £495 product fee to the advance of the mortgage. Overall, this product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.31% fixed rate to 30.11.28
- Product fee: £495
- Maximum loan-to-value: 85%
- Available to: House purchase customers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments. Underpayments and payment holidays considered, not to exceed level of overpayments previously made
- Lending area: Great Britain and Northern Ireland.
first direct – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, first direct has reduced selected fixed rates in its range, including its two-year fixed offer at 60% loan-to-value. Now priced at 5.70%, the deal may appeal to borrowers looking to save on the upfront cost of their mortgage. A free valuation for all borrowers is part of its incentive package, with free legal fees for those remortgaging, plus the deal charges a reasonable £490 product fee. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.70% fixed rate for two years
- Product fee: £490
- Maximum loan-to-value: 60%
- Available to: All borrowers
- Incentives: Free valuation for all borrowers and free legal fees for those remortgaging
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Buy-to-let
Accord Mortgages – Five-year fixed rate mortgage, 80% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Accord Mortgages has reduced selected fixed deals in its range this week, including a five-year fixed rate 80% loan-to-value deal. Now priced at 5.93%, and available via selected intermediaries, those searching for a competitive rate and incentive package may find this an appealing choice. The deal offers a £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: 5.93% fixed rate until 31.1.29.
- Product fee: £995
- Maximum loan-to-value: 80%
- Available to: Second-time buyers, via selected intermediaries.
- Incentives: £250 cashback
- Flexible features: Allows overpayments.
- Lending area: Great Britain.
Chorley Building Society – Two-year discounted-variable rate mortgage, 60% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Landlords searching for a new deal may find the two-year discounted-variable rate mortgage from Chorley Building Society appealing after a rate cut this week. Now priced at 6.05%, the deal may not carry an incentive package, but it does charge a reasonable product fee of £999 which can be added to the mortgage advance. This deal secures an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 6.05% discounted-variable rate (2.69% discount) for 2 years
- Product fee: £999
- Maximum loan-to-value: 60%
- Available to: All borrowers
- Incentives: None
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Banking
TSB – Spend & Save
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“TSB has introduced a switching incentive this week for customers who switch to either the Spend & Save or Spend & Save Plus account. Customers who switch using the CASS (Current Account Switch Service) will now receive £150 cashback. The Spend & Save account does not pay any credit interest, but once the switch has been completed, customers can earn up to £60 cashback in the first six months when making 20 or more debit card payments each month. As with any account, customers will need to weigh up all the benefits and charges to ensure it’s the right choice for them. On balance, the account earns an Outstanding Moneyfacts product rating.
Key product details:
- Credit interest / reward: None
- Cashback on debit card purchases: Customers can earn up to £60 cashback in the first six months when making 20 or more debit card payments each month.
- Account fee: None
- Arranged overdraft: 39.90% EAR, plus interest-free for three months on switched current accounts
- Opening account: Online, in branch, or mobile app
- Managing account: Online, in branch, by phone or mobile app
- Other information: Minimum applicant age 18. Eligible for linked Savings Pots. £150 free cash offer, using the Current Account Switch Service, customers must have logged into the TSB Mobile Banking App, made at least one debit card payment, and have two active Direct Debits by 31 October 2023.
