Money best buys
56
1GM
Saturday September 17 2016 | the times
Money
Money best buys
Data supplied by
Mortgages
Savings
Personal loans
First-time buyer mortgages
Easy access (without introductory bonus) Provider
Contact
Account
Min
AER
RCI Bank UK
rcibank.co.uk
Freedom Savings
£100 1.20%
ICICI Bank UK
via branch
SuperSaver Savings
Investec Bank plc *
investec.co.uk
E-asy Access Account
£25,000 1.10%
Coventry BS
0800 121 8899 Easy Access Saver (3)
Virgin Money
virginmoney.com Saving to Buy 4
Mansfield BS
01623 676345
Initial Rate 2.94% (D)
Hanley Economic BS
01782 255000
3.40% (F)
to 30.11.18
£1 1.00%
Furness BS
0800 220568
3.50% (F)
£1 1.00%
Melton Mowbray BS
01664 414141
Saffron BS
£1 1.15%
Long-term fixed rates Min
AER
Provider
Contact
Period 2 yrs
Max Fee LTV 95% £499
Redmptn Charge Until 1st 2 yrs
Fixed monthly repayment on £10,000 for 5 years (without insurance) Provider
Contact
Rep APR
Amount per month
Total repaid
Ikano Bank
0344 856 5743
3.2%
£180.37
£10,822.20
95% £250 To 30.11.18
HSBC
0800 032 4735
3.3%
£180.80
£10,848.00
2 yrs
95%
Nil
1st 2 yrs
M&S Bank
0800 363400
3.3%
£180.80
£10,848.00
3.19% (D)
3 yrs
95%
Nil
1st 3 yrs
Sainsbury's Bank 0800 169 8503
3.3%
£180.80
£10,848.00
0800 072 1100
3.97% (F)
to 30.9.21
95% £495
To 30.9.21
Provider
Contact
Period to 30.11.18
Redmptn Max Fee Charge LTV Until 80% £999 To 30.11.18 80% £319 To 30.11.18
Provider
Contact
Minimum income restrictions may apply. APR may be dependent on credit rating.
Remortgages
Provider
Contact
Account
BLME
blme.com
Premier Deposit (5 yr)
Vanquis Bank
vanquis.co.uk
Savings (5 yr)
£1,000 2.01%
Hampshire Trust Bank
htb.co.uk
HTB Bond (5 yr)
£1,000 2.00%
Leeds BS
0845 045 4049
Initial Rate 1.50% (F)
Yorkshire Bank
via branch
Retail (5 yr)
£2,000 2.00%
Darlington BS
01325 366366
1.54% (D)
to 30.11.18
Clydesdale Bank
via branch
Retail (5 yr)
£2,000 2.00%
Melton Mowbray BS
01664 414141
1.50% (D)
3 yrs
65%
Nil
1st 3 yrs
Halifax
0800 028 3258 41 Mth BT M'Card
0% 1st 41 mths
3.48%
18.9%
Saffron BS
0800 072 1100
2.19% (D)
3 yrs
80%
Nil
1st 3 yrs
MBNA
mbna.co.uk
0% 1st 41 mths
3.49%
18.9%
first direct
0800 482448
2.18% (F)
5 yrs
75%
Nil
1st 5 yrs
Virgin Money
0800 389 2875 41 Mth BT CC M'C
0% 1st 41 mths
4.00%
20.9%
Bank of Scotland
0800 328 5984 Plat 40 Mth BT M'C
0% 1st 40 mths
2.41%
18.9%
Tesco Bank
0345 300 4278 Clubcard for BT M'C
0% 1st 40 mths
2.69%
18.9%
£25,000 2.05%
Easy-access cash Isas Provider
Contact
Account
Min
AER
Family BS
03330 140141
Tracker Cash Nisa 1
£500 1.22%
Short-term fixed-rate mortgages
Credit cards Introductory rate for balance transfers
0808 256 6876
Initial Rate 0.99%
to 31.12.18
Redmptn Max Fee Charge LTV Until 65% £1,499 To 31.12.18
Leeds BS
0845 045 4049
1.60%
to 30.11.18
85% £999 To 30.11.18
Provider
Contact
Fixed-cash Isas
Yorkshire BS
0345 120 0874
2.49%
to 31.10.18
90%
Sainsbury’s Bank
Provider
Newcastle BS
0345 606 5148
1.88%
to 31.10.19
80% £999 To 31.10.19
Leek United BS
0845 219 0250
2.49%
to 31.12.19
90% £995 To 31.12.19
Yorkshire Bank
M&S Bank
0808 002 2222 Advantage Cash Isa
£1 1.10%
Coventry BS
0800 121 8899 Easy Access Isa 4
£1 1.10%
Scottish BS
0131 313 7700 Loyalty Cash ISA
£1 1.10%
Holmesdale BS
01737 245716
Contact
Cash Isa 90 2
£15,000 1.10%
Account
Min
Shawbrook Bank
shawbrook.co.uk 5 Yr Fixed Isa Issue 4
Skipton BS
skipton.co.uk
Principality BS
0845 045 0452 5 Yr Fixed Rate Isa 156
Julian Hodge Bank
0800 840 2810 5 Yr Fixed Rate Isa
Metro Bank
via branch
5 Yr Fixed Rate Isa
AER
£5,000 1.70% £500 1.60%
Account
Barclays Bank
0800 400100
Help to Buy: Isa
HSBC
Contact
first direct
0800 482448
Virgin Money AER
to 1.11.21
Yorkshire BS
0345 120 0874
2.88%
to 31.10.21
90% £975 To 31.10.21
£1 2.27%
Coventry BS
0800 121 8899
2.49%
to 31.12.26
65% £999 To 31.12.26
0845 607 1111
2.69%
to 30.9.26
01494 879500
£1 2.25%
nationwide.co.uk Help to Buy: Isa
£1 2.00%
Variable-rate mortgages
NatWest
0800 200 400
Help to Buy: Isa
£1 2.00%
HSBC
0345 740 4404 Help to Buy: Isa
£1 2.00%
Regular savings accounts Saffron BS
via branch
12 Mth Fixed Members 3 Regular Saving Issue 2
Min AER Mntly £10 3.50% F
Kent Reliance
via branch
Santander
santander.co.uk Regular eSaver
Leeds BS
0845 045 4048 Regular Saver Issue 4
£50 2.30% V
Leek United BS
via branch
£25 2.25% V
Regular Savings
£25 3.25% V £0 3.00% V
Provider
Contact
Coventry BS Coventry BS
Fee
80% £999
To 30.9.26
Redmptn Charge Until None
Period
0800 121 8899
term
Max Fee LTV 65% £999
0800 121 8899
1.69%
term
75% £999
None
Coventry BS
0800 121 8899
1.89%
term
85% £999
None
Coventry BS
0800 121 8899
2.09%
term
85% £499
None
Coventry BS
0800 121 8899
2.35%
term
90% £999
None
Introductory rate for purchases Introductory Term
Purch APR
0800 030 4418 Nectar Purchase MC
0% 1st 27 mths
18.9%
Post Office Money® 0800 169 2000 Matched MasterCard
0% 1st 27 mths
18.9%
0800 678 3320 Gold MasterCard
0% 1st 26 mths
18.9%
AA
0345 600 5606 Dual CC MasterCard
0% 1st 26 mths
18.9%
Barclaycard
0800 731 0200 Plat Purchase & BT MC
0% 1st 25 mths
18.9%
Product name
Cashback credit card
Santander
Purchase APR 28.2% Intro 0800 389 9905 123 Credit Card M'Card 18.4%
ASDA Money
0371 704 3369 Cashback Plus CC M'Card
26.2%
AA
0345 600 5606 Fuelsave CC M’Card
22.4%
NewDay Ltd
aquacard.co.uk aqua Reward M’Card
34.9%
Provider American Express
Contact Product name 0800 169 6767 Plat Cashback Amex
Alternative terms or card products may be offered according to credit status.
Current accounts
Period to 1.11.18
Max LTV 95%
Fee
Redmptn Charge Until To 1.11.18
Account Fee
AER **
Reward Current Account
None
£5 pm
0345 835 3863
Classic Plus
None
5%
Provider
Contact
Account name
Halifax
0345 720 3040
TSB
0345 850 2325
Post Office Money®
0800 077 8033
3.88% (F)
to 31.10.18
95%
Nil To 31.10.18
Nationwide
0800 30 20 10
FlexDirect
None
5%
Age 70
Post Office Money®
0800 077 8033
4.39% (F)
to 31.10.19
95%
Nil To 31.10.19
Tesco Bank
tescobank.com
Current Account
None
3%
Nil To 31.10.21
Nationwide
0800 30 20 10
FlexPlus
£10 pm
3%
Nil
Provider
Contact
Prudential
0808 234 5100
£1,981.06 £2,282.98 £2,577.86
Post Office Money®
0800 077 8033
4.68% (F)
to 31.10.21
95%
Canada Life
0845 300 3199
£1,931.40 £2,268.00 £2,633.40
Halifax
0845 727 3747
4.64% (F)
to 30.11.21
95% £495 To 30.11.21
Hodge Lifetime
0800 023 7233
£1,946.00 £2,266.00 £2,674.00
Mortgages shown are based on true rate and may include incentives
Authorised overdrafts
AEGON
0845 601 5273
£1,899.00 £2,241.00 £2,604.60
Legal & General
0845 765 4465
£1,765.56 £2,173.08 £2,437.20
National Savings & Investments
Provider
Contact
Account name
First Direct
0800 242424
1st Account
M&S Bank
0800 756 7777 M&S Current Account
Post Office Money
postoffice.co.uk Standard Account
Ulster Bank
0800 046 6486 Standard Current Account
Notice or Term
Joint life Contact
Retirement Advantage 0800 912 9945
Male: Age 60 Age 65 Age 70 Female: Age 55 Age 60 Age 65 £1,638.72 £1,806.72 £1,913.04
Canada Life
0845 300 3199
£1,593.84 £1,789.44 £2,046.36
Prudential
0808 234 5100
£1,629.83 £1,788.14 £1,973.82
Hodge Lifetime Aviva
0800 023 7233 0845 944 4800
£1,584.00 £1,787.00 £2,029.00 £1,542.09 £1,713.68 £1,941.62
Based on a pension pot of £50,000
Cashback 1% - 1.25% standard 5%/3mth (max £125) 1%-3% depends on spend 1% standard 2% on all ASDA spend 0.5% Standard 2% or 4% on fuel 0.5% capped at £100 pa
Virgin Money
Single life
Provider
Bal trans Purch Fee APR
Credit interest
Help-to-buy mortgage guarantee Contact
Plat 41 Mth BT Visa
Transfer
Initial Rate 3.75% (F)
Pension annuities Age 65
5 yrs
Max LTV 75%
Initial Rate 1.65%
Provider
Age 60
To 1.11.21
2.44%
Nationwide BS
Account
85% £995
0345 850 2325
Buckinghamshire BS
Help to Buy: Isa 2
Nil
Redmptn Charge Until 1st 5 yrs
Period
Barclays Mortgage
Contact
Nil To 31.10.18
Initial Rate 2.18%
£1 1.50%
Min
Provider
Period
Long-term fixed-rate mortgages Provider
£5,000 1.55%
Help-to-buy cash Isas Contact
Contact
£500 1.55%
5 Yr Fixed Rate Isa 4
Provider
Provider
Product name
Min
AER
Interest Paid
Accounts and bonds NS&I Direct Saver
None
Income Bonds
None
Investment
None
£1 £500 £20
0.80% 1.00% 0.45%
Yearly Monthly
Children’s Bonds Iss 35
EAR
Usage Fee
15.9%
£0
None
15.9%
£0
None
14.6%
£0
None 15.94%
£0
None
£0
£10 pm***
Yearly
The Co-operative Bank 03457 212 212 Current Account
Monthly funding requirements may apply * = Rate reducing to 0.85% monthly w.e.f. 24.10.16. ** = Based on funding of £1,000 pm. *** = Fee waived if minimum funding of £1,000 is met. F = Fixed rate. D = Discounted variable rate. V = Variable rate. Mortgages shown may include incentives, for full details visit www.moneyfacts.co.uk
Tax-free products Direct Isa
Account Fee
None
£1
1.00%
Yearly
5 Yr Bnd
£25
2.50%
Yearly
18.9%
1GM
Saturday September 17 2016 | the times
Money
Money best buys
Data supplied by
Mortgages
Savings
Personal loans
First-time buyer mortgages
Easy access (without introductory bonus) Provider
Contact
Account
Min
AER
RCI Bank UK
rcibank.co.uk
Freedom Savings
£100 1.20%
ICICI Bank UK
via branch
SuperSaver Savings
Investec Bank plc *
investec.co.uk
E-asy Access Account
£25,000 1.10%
Coventry BS
0800 121 8899 Easy Access Saver (3)
Virgin Money
virginmoney.com Saving to Buy 4
Mansfield BS
01623 676345
Initial Rate 2.94% (D)
Hanley Economic BS
01782 255000
3.40% (F)
to 30.11.18
£1 1.00%
Furness BS
0800 220568
3.50% (F)
£1 1.00%
Melton Mowbray BS
01664 414141
Saffron BS
£1 1.15%
Long-term fixed rates Min
AER
Provider
Contact
Period 2 yrs
Max Fee LTV 95% £499
Redmptn Charge Until 1st 2 yrs
Fixed monthly repayment on £10,000 for 5 years (without insurance) Provider
Contact
Rep APR
Amount per month
Total repaid
Ikano Bank
0344 856 5743
3.2%
£180.37
£10,822.20
95% £250 To 30.11.18
HSBC
0800 032 4735
3.3%
£180.80
£10,848.00
2 yrs
95%
Nil
1st 2 yrs
M&S Bank
0800 363400
3.3%
£180.80
£10,848.00
3.19% (D)
3 yrs
95%
Nil
1st 3 yrs
Sainsbury's Bank 0800 169 8503
3.3%
£180.80
£10,848.00
0800 072 1100
3.97% (F)
to 30.9.21
95% £495
To 30.9.21
Provider
Contact
Period to 30.11.18
Redmptn Max Fee Charge LTV Until 80% £999 To 30.11.18 80% £319 To 30.11.18
Provider
Contact
Minimum income restrictions may apply. APR may be dependent on credit rating.
Remortgages
Provider
Contact
Account
BLME
blme.com
Premier Deposit (5 yr)
Vanquis Bank
vanquis.co.uk
Savings (5 yr)
£1,000 2.01%
Hampshire Trust Bank
htb.co.uk
HTB Bond (5 yr)
£1,000 2.00%
Leeds BS
0845 045 4049
Initial Rate 1.50% (F)
Yorkshire Bank
via branch
Retail (5 yr)
£2,000 2.00%
Darlington BS
01325 366366
1.54% (D)
to 30.11.18
Clydesdale Bank
via branch
Retail (5 yr)
£2,000 2.00%
Melton Mowbray BS
01664 414141
1.50% (D)
3 yrs
65%
Nil
1st 3 yrs
Halifax
0800 028 3258 41 Mth BT M'Card
0% 1st 41 mths
3.48%
18.9%
Saffron BS
0800 072 1100
2.19% (D)
3 yrs
80%
Nil
1st 3 yrs
MBNA
mbna.co.uk
0% 1st 41 mths
3.49%
18.9%
first direct
0800 482448
2.18% (F)
5 yrs
75%
Nil
1st 5 yrs
Virgin Money
0800 389 2875 41 Mth BT CC M'C
0% 1st 41 mths
4.00%
20.9%
Bank of Scotland
0800 328 5984 Plat 40 Mth BT M'C
0% 1st 40 mths
2.41%
18.9%
Tesco Bank
0345 300 4278 Clubcard for BT M'C
0% 1st 40 mths
2.69%
18.9%
£25,000 2.05%
Easy-access cash Isas Provider
Contact
Account
Min
AER
Family BS
03330 140141
Tracker Cash Nisa 1
£500 1.22%
Short-term fixed-rate mortgages
Credit cards Introductory rate for balance transfers
0808 256 6876
Initial Rate 0.99%
to 31.12.18
Redmptn Max Fee Charge LTV Until 65% £1,499 To 31.12.18
Leeds BS
0845 045 4049
1.60%
to 30.11.18
85% £999 To 30.11.18
Provider
Contact
Fixed-cash Isas
Yorkshire BS
0345 120 0874
2.49%
to 31.10.18
90%
Sainsbury’s Bank
Provider
Newcastle BS
0345 606 5148
1.88%
to 31.10.19
80% £999 To 31.10.19
Leek United BS
0845 219 0250
2.49%
to 31.12.19
90% £995 To 31.12.19
Yorkshire Bank
M&S Bank
0808 002 2222 Advantage Cash Isa
£1 1.10%
Coventry BS
0800 121 8899 Easy Access Isa 4
£1 1.10%
Scottish BS
0131 313 7700 Loyalty Cash ISA
£1 1.10%
Holmesdale BS
01737 245716
Contact
Cash Isa 90 2
£15,000 1.10%
Account
Min
Shawbrook Bank
shawbrook.co.uk 5 Yr Fixed Isa Issue 4
Skipton BS
skipton.co.uk
Principality BS
0845 045 0452 5 Yr Fixed Rate Isa 156
Julian Hodge Bank
0800 840 2810 5 Yr Fixed Rate Isa
Metro Bank
via branch
5 Yr Fixed Rate Isa
AER
£5,000 1.70% £500 1.60%
Account
Barclays Bank
0800 400100
Help to Buy: Isa
HSBC
Contact
first direct
0800 482448
Virgin Money AER
to 1.11.21
Yorkshire BS
0345 120 0874
2.88%
to 31.10.21
90% £975 To 31.10.21
£1 2.27%
Coventry BS
0800 121 8899
2.49%
to 31.12.26
65% £999 To 31.12.26
0845 607 1111
2.69%
to 30.9.26
01494 879500
£1 2.25%
nationwide.co.uk Help to Buy: Isa
£1 2.00%
Variable-rate mortgages
NatWest
0800 200 400
Help to Buy: Isa
£1 2.00%
HSBC
0345 740 4404 Help to Buy: Isa
£1 2.00%
Regular savings accounts Saffron BS
via branch
12 Mth Fixed Members 3 Regular Saving Issue 2
Min AER Mntly £10 3.50% F
Kent Reliance
via branch
Santander
santander.co.uk Regular eSaver
Leeds BS
0845 045 4048 Regular Saver Issue 4
£50 2.30% V
Leek United BS
via branch
£25 2.25% V
Regular Savings
£25 3.25% V £0 3.00% V
Provider
Contact
Coventry BS Coventry BS
Fee
80% £999
To 30.9.26
Redmptn Charge Until None
Period
0800 121 8899
term
Max Fee LTV 65% £999
0800 121 8899
1.69%
term
75% £999
None
Coventry BS
0800 121 8899
1.89%
term
85% £999
None
Coventry BS
0800 121 8899
2.09%
term
85% £499
None
Coventry BS
0800 121 8899
2.35%
term
90% £999
None
Introductory rate for purchases Introductory Term
Purch APR
0800 030 4418 Nectar Purchase MC
0% 1st 27 mths
18.9%
Post Office Money® 0800 169 2000 Matched MasterCard
0% 1st 27 mths
18.9%
0800 678 3320 Gold MasterCard
0% 1st 26 mths
18.9%
AA
0345 600 5606 Dual CC MasterCard
0% 1st 26 mths
18.9%
Barclaycard
0800 731 0200 Plat Purchase & BT MC
0% 1st 25 mths
18.9%
Product name
Cashback credit card
Santander
Purchase APR 28.2% Intro 0800 389 9905 123 Credit Card M'Card 18.4%
ASDA Money
0371 704 3369 Cashback Plus CC M'Card
26.2%
AA
0345 600 5606 Fuelsave CC M’Card
22.4%
NewDay Ltd
aquacard.co.uk aqua Reward M’Card
34.9%
Provider American Express
Contact Product name 0800 169 6767 Plat Cashback Amex
Alternative terms or card products may be offered according to credit status.
Current accounts
Period to 1.11.18
Max LTV 95%
Fee
Redmptn Charge Until To 1.11.18
Account Fee
AER **
Reward Current Account
None
£5 pm
0345 835 3863
Classic Plus
None
5%
Provider
Contact
Account name
Halifax
0345 720 3040
TSB
0345 850 2325
Post Office Money®
0800 077 8033
3.88% (F)
to 31.10.18
95%
Nil To 31.10.18
Nationwide
0800 30 20 10
FlexDirect
None
5%
Age 70
Post Office Money®
0800 077 8033
4.39% (F)
to 31.10.19
95%
Nil To 31.10.19
Tesco Bank
tescobank.com
Current Account
None
3%
Nil To 31.10.21
Nationwide
0800 30 20 10
FlexPlus
£10 pm
3%
Nil
Provider
Contact
Prudential
0808 234 5100
£1,981.06 £2,282.98 £2,577.86
Post Office Money®
0800 077 8033
4.68% (F)
to 31.10.21
95%
Canada Life
0845 300 3199
£1,931.40 £2,268.00 £2,633.40
Halifax
0845 727 3747
4.64% (F)
to 30.11.21
95% £495 To 30.11.21
Hodge Lifetime
0800 023 7233
£1,946.00 £2,266.00 £2,674.00
Mortgages shown are based on true rate and may include incentives
Authorised overdrafts
AEGON
0845 601 5273
£1,899.00 £2,241.00 £2,604.60
Legal & General
0845 765 4465
£1,765.56 £2,173.08 £2,437.20
National Savings & Investments
Provider
Contact
Account name
First Direct
0800 242424
1st Account
M&S Bank
0800 756 7777 M&S Current Account
Post Office Money
postoffice.co.uk Standard Account
Ulster Bank
0800 046 6486 Standard Current Account
Notice or Term
Joint life Contact
Retirement Advantage 0800 912 9945
Male: Age 60 Age 65 Age 70 Female: Age 55 Age 60 Age 65 £1,638.72 £1,806.72 £1,913.04
Canada Life
0845 300 3199
£1,593.84 £1,789.44 £2,046.36
Prudential
0808 234 5100
£1,629.83 £1,788.14 £1,973.82
Hodge Lifetime Aviva
0800 023 7233 0845 944 4800
£1,584.00 £1,787.00 £2,029.00 £1,542.09 £1,713.68 £1,941.62
Based on a pension pot of £50,000
Cashback 1% - 1.25% standard 5%/3mth (max £125) 1%-3% depends on spend 1% standard 2% on all ASDA spend 0.5% Standard 2% or 4% on fuel 0.5% capped at £100 pa
Virgin Money
Single life
Provider
Bal trans Purch Fee APR
Credit interest
Help-to-buy mortgage guarantee Contact
Plat 41 Mth BT Visa
Transfer
Initial Rate 3.75% (F)
Pension annuities Age 65
5 yrs
Max LTV 75%
Initial Rate 1.65%
Provider
Age 60
To 1.11.21
2.44%
Nationwide BS
Account
85% £995
0345 850 2325
Buckinghamshire BS
Help to Buy: Isa 2
Nil
Redmptn Charge Until 1st 5 yrs
Period
Barclays Mortgage
Contact
Nil To 31.10.18
Initial Rate 2.18%
£1 1.50%
Min
Provider
Period
Long-term fixed-rate mortgages Provider
£5,000 1.55%
Help-to-buy cash Isas Contact
Contact
£500 1.55%
5 Yr Fixed Rate Isa 4
Provider
Provider
Product name
Min
AER
Interest Paid
Accounts and bonds NS&I Direct Saver
None
Income Bonds
None
Investment
None
£1 £500 £20
0.80% 1.00% 0.45%
Yearly Monthly
Children’s Bonds Iss 35
EAR
Usage Fee
15.9%
£0
None
15.9%
£0
None
14.6%
£0
None 15.94%
£0
None
£0
£10 pm***
Yearly
The Co-operative Bank 03457 212 212 Current Account
Monthly funding requirements may apply * = Rate reducing to 0.85% monthly w.e.f. 24.10.16. ** = Based on funding of £1,000 pm. *** = Fee waived if minimum funding of £1,000 is met. F = Fixed rate. D = Discounted variable rate. V = Variable rate. Mortgages shown may include incentives, for full details visit www.moneyfacts.co.uk
Tax-free products Direct Isa
Account Fee
None
£1
1.00%
Yearly
5 Yr Bnd
£25
2.50%
Yearly
18.9%
