Savings
Al Rayan Bank – 18 Month Fixed Term Deposit
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week Al Rayan Bank has taken a prominent position in the short-term fixed market with a rise to the expected profit rate on its 18 Month Fixed Term Deposit. Now paying an expected profit rate of 4.72% gross, the deal may well appeal to savers who are comfortable with locking away their cash to secure a competitive return over the shorter-term. Overall, this account receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.72% gross / 4.80% AER payable quarterly
- Notice / term: 18 months
- Minimum opening amount: £5,000
- Maximum investment amount: £1 million
- Access: Not permitted
- Further additions: Not permitted
- Opening account: Online, by phone and via its mobile app
- Managing account: Online, by post and via its mobile app
- Other information: Minimum applicant age 16. Joint account option available. Shari’ah compliant account – rates shown are expected profit rate. Quarterly profit can be taken as an income with a reduced rate.
Castle Trust Bank – Fixed Rate e-Cash ISA
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Castle Trust Bank has increased the rate on its one-year fixed e-Cash ISA this week. Now paying 4.25%, the deal takes a prominent position within its sector and may well appeal to savers looking to utilise their ISA allowance. The deal can be opened with a minimum of £1,000 and it accepts transfers in from both cash and stocks and shares ISAs. This deal permits early access on account closure, subject to a 90-day loss of interest penalty. The account secures an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.25% gross / 4.25% AER payable on maturity
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 90-day loss of interest penalty and closure of account
- Further additions: Permitted for 14 days from account opening
- Transfers in: Permitted. Accepts cash and stocks and shares ISAs
- Transfers out: Permitted, subject to 90-day loss of interest penalty
- Opening account: Online and via its mobile app
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. New customers can only open an account via an online Self Service Portal, after which they gain access to the mobile app and can open subsequent accounts using the Self Service Portal or mobile app. If minimum investment not made within 14 days of account opening, no interest is paid and the balance will be refunded.
Shawbrook Bank – 2 Year Fixed Rate Cash ISA Bond Issue 70
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Shawbrook Bank has increased the rate on its two-year fixed ISA this week which takes a prominent position in the market. Savers looking to utilise their ISA allowance and desire a guaranteed return on their cash may find this a competitive choice. The account allows transfers in from both cash and stocks and shares ISAs, and earlier access is permitted subject to a loss of interest penalty. Those savers looking to supplement their income will also find the account offers a monthly interest option. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.31% gross / 4.31% AER payable on anniversary / monthly interest option of 4.23% gross / 4.31% AER also available
- Notice / term: Two years
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 180-day loss of interest penalty
- Further additions: Permitted while issue remains open
- Transfers in: Permitted. Accepts cash and stocks and shares ISAs
- Transfers out: Permitted, subject to 180-day loss of interest penalty
- Opening account: Online
- Managing account: Online and by phone
- Other information: Minimum applicant age 18.
Skipton Building Society – 60 Day Notice Cash ISA Issue 1
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Skipton Building Society has launched a new 60 Day Notice Cash ISA this week, which takes a position towards the top end of its sector. Paying 3.40%, the deal may appeal to those who are happy to give notice to access their funds for a competitive rate over the shorter term. Savers will be able to make cash or stocks and shares ISA transfers into this account upon opening or they can invest with as little as £1. Overall, the account earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 3.40% gross / 3.40% AER payable on its anniversary
- Notice / term: 60 days
- Minimum opening amount: £1
- Maximum investment amount: ISA allowance
- Access: Permitted via a nominated account, subject to 60 days’ notice or loss of interest
- Further additions: Permitted
- Transfers in: Permitted. Accepts cash, stocks and shares and innovative finance ISAs
- Transfers out: Permitted subject to 60 days’ notice or loss of interest
- Opening account: Online, by phone, by post and in branch
- Managing account: Online, by phone, by post and in branch
- Other information: Minimum applicant age 16. Flexible ISA rules apply.
StreamBank – 90 Day Notice Account – Issue 1
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“StreamBank has launched a new notice account onto the market this week, which may entice savers searching for a competitive return. The 90 Day Notice account pays 3.78% gross and may appeal to savers who have £1,000 to invest upfront. As the interest is paid monthly, this option could suit those looking to supplement their income, but should they wish to access their cash they must be content to provide 90 days’ notice to do so. The deal secures a prominent position in the market and earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 3.78% gross / 3.85% AER payable monthly
- Notice / term: 90 days
- Minimum opening amount: £1,000
- Maximum investment amount: £100,000
- Access: Permitted via a nominated account, subject to 90 days’ notice
- Further additions: Permitted
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 18. Joint account option available.
Mortgages
Leeds Building Society – Three-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Leeds Building Society has increased selected fixed rates in its range this week, including its three-year fixed mortgage at 75% loan-to-value. Now priced at 4.18%, the deal remains competitive despite a rate rise of 0.05% and carries an attractive incentive package of a free valuation and, for those remortgaging, help towards costs. The reasonable £999 fee can be added to the advance of the mortgage, so the deal overall could attract borrowers looking to save on the upfront cost. Overall, this product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.18% fixed rate to 31.8.26
- Product fee: £999
- Maximum loan-to-value: 75%
- Available to: All borrowers
- Incentives: Free valuation and, for those remortgaging, help towards costs
- Flexible features: Allows overpayments
- Lending area: England, Wales, mainland Scotland and Northern Ireland.
Savings
Al Rayan Bank – 18 Month Fixed Term Deposit
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week Al Rayan Bank has taken a prominent position in the short-term fixed market with a rise to the expected profit rate on its 18 Month Fixed Term Deposit. Now paying an expected profit rate of 4.72% gross, the deal may well appeal to savers who are comfortable with locking away their cash to secure a competitive return over the shorter-term. Overall, this account receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.72% gross / 4.80% AER payable quarterly
- Notice / term: 18 months
- Minimum opening amount: £5,000
- Maximum investment amount: £1 million
- Access: Not permitted
- Further additions: Not permitted
- Opening account: Online, by phone and via its mobile app
- Managing account: Online, by post and via its mobile app
- Other information: Minimum applicant age 16. Joint account option available. Shari’ah compliant account – rates shown are expected profit rate. Quarterly profit can be taken as an income with a reduced rate.
Castle Trust Bank – Fixed Rate e-Cash ISA
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Castle Trust Bank has increased the rate on its one-year fixed e-Cash ISA this week. Now paying 4.25%, the deal takes a prominent position within its sector and may well appeal to savers looking to utilise their ISA allowance. The deal can be opened with a minimum of £1,000 and it accepts transfers in from both cash and stocks and shares ISAs. This deal permits early access on account closure, subject to a 90-day loss of interest penalty. The account secures an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.25% gross / 4.25% AER payable on maturity
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 90-day loss of interest penalty and closure of account
- Further additions: Permitted for 14 days from account opening
- Transfers in: Permitted. Accepts cash and stocks and shares ISAs
- Transfers out: Permitted, subject to 90-day loss of interest penalty
- Opening account: Online and via its mobile app
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. New customers can only open an account via an online Self Service Portal, after which they gain access to the mobile app and can open subsequent accounts using the Self Service Portal or mobile app. If minimum investment not made within 14 days of account opening, no interest is paid and the balance will be refunded.
Shawbrook Bank – 2 Year Fixed Rate Cash ISA Bond Issue 70
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Shawbrook Bank has increased the rate on its two-year fixed ISA this week which takes a prominent position in the market. Savers looking to utilise their ISA allowance and desire a guaranteed return on their cash may find this a competitive choice. The account allows transfers in from both cash and stocks and shares ISAs, and earlier access is permitted subject to a loss of interest penalty. Those savers looking to supplement their income will also find the account offers a monthly interest option. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.31% gross / 4.31% AER payable on anniversary / monthly interest option of 4.23% gross / 4.31% AER also available
- Notice / term: Two years
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 180-day loss of interest penalty
- Further additions: Permitted while issue remains open
- Transfers in: Permitted. Accepts cash and stocks and shares ISAs
- Transfers out: Permitted, subject to 180-day loss of interest penalty
- Opening account: Online
- Managing account: Online and by phone
- Other information: Minimum applicant age 18.
Skipton Building Society – 60 Day Notice Cash ISA Issue 1
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Skipton Building Society has launched a new 60 Day Notice Cash ISA this week, which takes a position towards the top end of its sector. Paying 3.40%, the deal may appeal to those who are happy to give notice to access their funds for a competitive rate over the shorter term. Savers will be able to make cash or stocks and shares ISA transfers into this account upon opening or they can invest with as little as £1. Overall, the account earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 3.40% gross / 3.40% AER payable on its anniversary
- Notice / term: 60 days
- Minimum opening amount: £1
- Maximum investment amount: ISA allowance
- Access: Permitted via a nominated account, subject to 60 days’ notice or loss of interest
- Further additions: Permitted
- Transfers in: Permitted. Accepts cash, stocks and shares and innovative finance ISAs
- Transfers out: Permitted subject to 60 days’ notice or loss of interest
- Opening account: Online, by phone, by post and in branch
- Managing account: Online, by phone, by post and in branch
- Other information: Minimum applicant age 16. Flexible ISA rules apply.
StreamBank – 90 Day Notice Account – Issue 1
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“StreamBank has launched a new notice account onto the market this week, which may entice savers searching for a competitive return. The 90 Day Notice account pays 3.78% gross and may appeal to savers who have £1,000 to invest upfront. As the interest is paid monthly, this option could suit those looking to supplement their income, but should they wish to access their cash they must be content to provide 90 days’ notice to do so. The deal secures a prominent position in the market and earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 3.78% gross / 3.85% AER payable monthly
- Notice / term: 90 days
- Minimum opening amount: £1,000
- Maximum investment amount: £100,000
- Access: Permitted via a nominated account, subject to 90 days’ notice
- Further additions: Permitted
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 18. Joint account option available.
Mortgages
Leeds Building Society – Three-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Leeds Building Society has increased selected fixed rates in its range this week, including its three-year fixed mortgage at 75% loan-to-value. Now priced at 4.18%, the deal remains competitive despite a rate rise of 0.05% and carries an attractive incentive package of a free valuation and, for those remortgaging, help towards costs. The reasonable £999 fee can be added to the advance of the mortgage, so the deal overall could attract borrowers looking to save on the upfront cost. Overall, this product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.18% fixed rate to 31.8.26
- Product fee: £999
- Maximum loan-to-value: 75%
- Available to: All borrowers
- Incentives: Free valuation and, for those remortgaging, help towards costs
- Flexible features: Allows overpayments
- Lending area: England, Wales, mainland Scotland and Northern Ireland.
