Money best buys
50
Saturday August 27 2016 | the times
1GM
Money
Money best buys
Data supplied by
Mortgages
Savings
First-time buyer mortgages
Easy access (without introductory bonus) Provider
Contact
Account
Min
RCI Bank UK
rcibank.co.uk
Freedom Savings
£100 1.20%
ICICI Bank UK
via branch
SuperSaver Savings
National Counties BS
ncbs.co.uk
2nd Issue Capital Saver
Shawbrook Bank
shawbrook.co.uk Easy Access - Issue 6
Investec Bank plc
investec.co.uk
E-asy Access Account
Personal loans
AER
Mansfield BS
01623 676345
Hanley Economic BS
01782 255000
3.29% (D)
2 yrs
95%
Nil
£1,000 1.10%
Yorkshire BS
0345 120 0874
3.69% (F)
to 31.10.18
95%
Nil To 31.10.18
£25,000 1.10%
M&S Bank
Yorkshire BS
0345 120 0874
4.08% (F)
to 31.10.19
95%
Nil To 31.10.19
Sainsbury's Bank 0800 169 8503
Saffron BS
0800 072 1100
3.97% (F)
to 30.9.21
95% £495
To 30.9.21
Minimum income restrictions may apply. APR may be dependent on credit rating.
Contact
Initial Rate 1.40% (D)
Period
Max Fee LTV 80% £999
Redmptn Charge Until None
Credit cards
Provider
£1 1.15%
Long-term fixed rates Provider
Contact
Account
Min
AER
BLME
blme.com
Premier Deposit (5 yr)
£25,000 2.20%
BLME
blme.com
Premier Deposit (7 yr)
£25,000 2.20%
Contact
Period 2 yrs
£1,000 2.00%
Furness BS
0800 220568
Aldermore
0345 604 2678
£1,000 2.00%
Leeds BS
0845 045 4049
1.60%(F)
to 31.10.18
Yorkshire Bank
via branch
£2,000 2.00%
Melton Mowbray BS
01664 414141
1.50% (D)
Saffron BS
0800 072 1100
2.19% (D)
first direct
0800 482448
2.18% (F)
Easy-access cash Isas Provider
Contact
Account
Min
AER
Melton Mowbray BS
01664 414141
Cash Isa
£25 1.25%
1st 2 yrs
Provider
Contact
Rep APR
Amount per month
Total repaid
Ikano Bank
ikano.co.uk
3.2%
£180.37
£10,822.20
HSBC
0800 032 4735
3.3%
£180.80
£10,848.00
0800 363400
3.3%
£180.80
£10,848.00
3.3%
£180.80
£10,848.00
Remortgages
Union Bank of India (UK) Ltd 0207 332 4250 Term Deposit (5 yr) Retail (5 yr)
Max Fee LTV 95% £499
Fixed monthly repayment on £10,000 for 5 years (without insurance)
Initial Rate 3.19% (D)
£500 1.11%
Provider
Redmptn Charge Until 1st 2 yrs
2 yrs
Introductory rate for balance transfers Provider
Contact
3 yrs
65%
Nil
1st 3 yrs
Halifax
0800 028 3258 41 Mth BT M'Card
0% 1st 41 mths
3.50%
18.9%
3 yrs
80%
Nil
1st 3 yrs
Virgin Money
0800 389 2875 41 Mth BT CC M'C
0% 1st 41 mths
4.00%
20.9%
5 yrs
75%
NIl
1st 5 yrs
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%
MBNA
mbna.co.uk
0% 1st 40 mths
2.79%
18.9%
Short-term fixed-rate mortgages
0808 256 6876
Initial Rate 0.99%
to 31.10.18
Redmptn Max Fee Charge LTV Until 65% £1,499 To 31.10.18
Yorkshire BS
0345 120 0874
1.57%
to 31.10.18
85% £975 To 31.10.18
Provider
Contact
Fixed-cash Isas
Leek United BS
0845 219 0250
1.99%
to 31.10.18
90% £995 To 31.10.18
Sainsbury’s Bank
Provider
Newcastle BS
0345 606 5148
1.88%
to 31.10.19
80% £999 To 31.10.19
Loughborough BS
01509 631950
2.69%
for 3 years
90% £499
Yorkshire Bank
Penrith BS
01768 863675
Isa Issue 2
Family Building Society
03330 140141
Tracker Cash Nisa 1
Hanley Economic BS
01782 255000
Cash Isa Instant Access
National Counties BS
0845 603 4876 2nd Issue Cash Nisa
Contact
£100 1.25%
Account
£500 1.22% £3,000 1.20% £1 1.11%
Min
AER
Metro Bank
via branch
5 Yr Fixed Rate Isa 3
£1 1.75%
Shawbrook Bank
shawbrook.co.uk 5 Yr Fixed Isa Issue 4
£5,000 1.70%
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
Account
Virgin Money
virginmoney.com Help to Buy: Isa 2
HSBC
0800 121 8899
2.45%
to 30.9.21
Leek United BS
0845 219 0250
2.89%
to 31.10.21
£1 2.50%
Coventry BS
0800 121 8899
2.49%
to 30.9.26
0808 256 6876
2.99%
to 31.10.26
AER
Provider
Contact
first direct
0800 482448
Coventry BS
Barclays Bank
0800 400100
Help to Buy: Isa
£1 2.27%
HSBC
Buckinghamshire BS
01494 879500
Help to Buy: Isa 2
£1 2.25%
Variable-rate mortgages
Nationwide BS
nationwide.co.uk Help to Buy: Isa
£1 2.00%
NatWest
0800 200 400
£1 2.00%
Help to Buy: Isa
Regular savings accounts Provider
Contact
Account
Min AER Mntly £10 3.50% F
Saffron BS
via branch
12 Mth Fixed Members 3
West Brom BS
via branch
Adults' Regular Saver 3
£10 3.30% F
Kent Reliance
via branch
Regular Saving Issue 2
£25 3.25% V
Santander
santander.co.uk Regular eSaver
£0 3.00% V
Nottingham BS
0844 481 4444 Go for Gold Saver
£1 3.00% V
Period
Nil
Redmptn Charge Until 1st 5 yrs
85% £999
To 30.9.21
Max LTV 75%
Fee
90% £995 To 31.10.21 65% £999 80%
term
Max Fee LTV 65% £999
term
75% £999
None
1.89%
term
85% £999
None
0800 121 8899
2.09%
term
85% £499
None
0800 121 8899
2.35%
term
90% £999
None
Contact
Period
0800 121 8899
Initial Rate 1.65%
Coventry BS Coventry BS
0800 121 8899
1.69%
Coventry BS
0800 121 8899
Coventry BS Coventry BS
Introductory rate for purchases Introductory Term
Purch APR
0800 030 4418 Nectar Purchase MC
0% 1st 27 mths
18.9%
Post Office Money® postoffice.co.uk 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 Provider American Express
Contact Product name 0800 169 6767 Plat Cashback Amex
Santander
0800 389 9905
ASDA Money
0371 704 3369 Credit Card M’Card
AA
0345 600 5606 Fuelsave CC M’Card
NewDay Ltd
aquacard.co.uk aqua Reward M'Card
18.4%
1%-3% depends
on spend 0.50% standard 1% ASDA supermkt/petrol 22.4% 0.5% Standard 2% or 4% on fuel 34.9% 0.5% capped at £100 pa 18.9%
Current accounts
Period
Redmptn Charge Until To 31.7.18
Account Fee
AER **
Reward Current Account
None
£5 pm
0345 835 3863
Classic Plus
None
5%
Nationwide
0800 302 010
FlexDirect
None
5%
None
3%
£10 pm
3%
Provider
Contact
Account name
Halifax
0345 720 3040
TSB
95% £495 To 30.11.18
Post Office Money®
0800 077 8033
Halifax
0845 727 3747
3.94% (F)
to 30.11.18
Age 70
Post Office Money®
0800 077 8033
4.19% (F)
to 31.7.19
95%
Nil
To 31.7.19
Tesco Bank
tescobank.com
Current Account
95%
Nil
To 31.7.21
Nationwide
0800 302 010
FlexPlus
Single life
Cashback 1.25% standard 5%/3mth (max £125)
123 Credit Card M'Card
Initial Rate 3.74% (F)
Pension annuities
Purchase APR 28.2% Intro
Credit interest
Help-to-buy mortgage guarantee Contact
Transfer
Platinum 40 Mth
To 30.9.26
Nil To 31.10.26
Redmptn Charge Until None
Provider
Provider
Age 65
1st 3 yrs
Long-term fixed-rate mortgages
for 5 years
£1 1.50%
Min
Age 60
Period
Initial Rate 2.18%
£5,000 1.55%
Help-to-buy cash Isas Contact
Contact
£500 1.55%
3 Yr Fixed Rate Isa 3
Provider
Provider
Product name
to 31.7.18
Max LTV 95%
Fee Nil
Provider
Contact
Canada Life
0845 300 3199
£1,995.72 £2,332.08 £2,697.24
Post Office Money®
0800 077 8033
4.48% (F)
to 31.7.21
Prudential
0808 234 5100
£1,981.06 £2,282.98 £2,577.86
Halifax
0845 727 3747
4.64% (F)
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
Retirement Advantage 0800 912 9945
£1,900.20 £2,136.48 £2,339.28
National Savings & Investments
Provider
Contact
Account name
First Direct
0800 242 424
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 Provider
0845 300 3199
Male: Age 60 Age 65 Age 70 Female: Age 55 Age 60 Age 65 £1,657.20 £1,851.96 £2,108.16
Retirement Advantage 0800 912 9945
£1,638.72 £1,806.72 £1,913.04
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
Canada Life
Contact
Based on a pension pot of £50,000
Min
95% £495 To 30.11.21
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
Account Fee
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 0345 721 2212 Current Account
Monthly funding requirements may apply * = Expected profit rate, this provider operates under islamic finance principles. ** = 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 are based on true cost and may include incentives, visit www.moneyfacts.co.uk
Tax-free products Direct Isa
Bal trans Purch Fee APR
80% £999 To 31.10.18
None
£1
1.00%
Yearly
5 Yr Bnd
£25
2.50%
Yearly
18.9%
Saturday August 27 2016 | the times
1GM
Money
Money best buys
Data supplied by
Mortgages
Savings
First-time buyer mortgages
Easy access (without introductory bonus) Provider
Contact
Account
Min
RCI Bank UK
rcibank.co.uk
Freedom Savings
£100 1.20%
ICICI Bank UK
via branch
SuperSaver Savings
National Counties BS
ncbs.co.uk
2nd Issue Capital Saver
Shawbrook Bank
shawbrook.co.uk Easy Access - Issue 6
Investec Bank plc
investec.co.uk
E-asy Access Account
Personal loans
AER
Mansfield BS
01623 676345
Hanley Economic BS
01782 255000
3.29% (D)
2 yrs
95%
Nil
£1,000 1.10%
Yorkshire BS
0345 120 0874
3.69% (F)
to 31.10.18
95%
Nil To 31.10.18
£25,000 1.10%
M&S Bank
Yorkshire BS
0345 120 0874
4.08% (F)
to 31.10.19
95%
Nil To 31.10.19
Sainsbury's Bank 0800 169 8503
Saffron BS
0800 072 1100
3.97% (F)
to 30.9.21
95% £495
To 30.9.21
Minimum income restrictions may apply. APR may be dependent on credit rating.
Contact
Initial Rate 1.40% (D)
Period
Max Fee LTV 80% £999
Redmptn Charge Until None
Credit cards
Provider
£1 1.15%
Long-term fixed rates Provider
Contact
Account
Min
AER
BLME
blme.com
Premier Deposit (5 yr)
£25,000 2.20%
BLME
blme.com
Premier Deposit (7 yr)
£25,000 2.20%
Contact
Period 2 yrs
£1,000 2.00%
Furness BS
0800 220568
Aldermore
0345 604 2678
£1,000 2.00%
Leeds BS
0845 045 4049
1.60%(F)
to 31.10.18
Yorkshire Bank
via branch
£2,000 2.00%
Melton Mowbray BS
01664 414141
1.50% (D)
Saffron BS
0800 072 1100
2.19% (D)
first direct
0800 482448
2.18% (F)
Easy-access cash Isas Provider
Contact
Account
Min
AER
Melton Mowbray BS
01664 414141
Cash Isa
£25 1.25%
1st 2 yrs
Provider
Contact
Rep APR
Amount per month
Total repaid
Ikano Bank
ikano.co.uk
3.2%
£180.37
£10,822.20
HSBC
0800 032 4735
3.3%
£180.80
£10,848.00
0800 363400
3.3%
£180.80
£10,848.00
3.3%
£180.80
£10,848.00
Remortgages
Union Bank of India (UK) Ltd 0207 332 4250 Term Deposit (5 yr) Retail (5 yr)
Max Fee LTV 95% £499
Fixed monthly repayment on £10,000 for 5 years (without insurance)
Initial Rate 3.19% (D)
£500 1.11%
Provider
Redmptn Charge Until 1st 2 yrs
2 yrs
Introductory rate for balance transfers Provider
Contact
3 yrs
65%
Nil
1st 3 yrs
Halifax
0800 028 3258 41 Mth BT M'Card
0% 1st 41 mths
3.50%
18.9%
3 yrs
80%
Nil
1st 3 yrs
Virgin Money
0800 389 2875 41 Mth BT CC M'C
0% 1st 41 mths
4.00%
20.9%
5 yrs
75%
NIl
1st 5 yrs
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%
MBNA
mbna.co.uk
0% 1st 40 mths
2.79%
18.9%
Short-term fixed-rate mortgages
0808 256 6876
Initial Rate 0.99%
to 31.10.18
Redmptn Max Fee Charge LTV Until 65% £1,499 To 31.10.18
Yorkshire BS
0345 120 0874
1.57%
to 31.10.18
85% £975 To 31.10.18
Provider
Contact
Fixed-cash Isas
Leek United BS
0845 219 0250
1.99%
to 31.10.18
90% £995 To 31.10.18
Sainsbury’s Bank
Provider
Newcastle BS
0345 606 5148
1.88%
to 31.10.19
80% £999 To 31.10.19
Loughborough BS
01509 631950
2.69%
for 3 years
90% £499
Yorkshire Bank
Penrith BS
01768 863675
Isa Issue 2
Family Building Society
03330 140141
Tracker Cash Nisa 1
Hanley Economic BS
01782 255000
Cash Isa Instant Access
National Counties BS
0845 603 4876 2nd Issue Cash Nisa
Contact
£100 1.25%
Account
£500 1.22% £3,000 1.20% £1 1.11%
Min
AER
Metro Bank
via branch
5 Yr Fixed Rate Isa 3
£1 1.75%
Shawbrook Bank
shawbrook.co.uk 5 Yr Fixed Isa Issue 4
£5,000 1.70%
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
Account
Virgin Money
virginmoney.com Help to Buy: Isa 2
HSBC
0800 121 8899
2.45%
to 30.9.21
Leek United BS
0845 219 0250
2.89%
to 31.10.21
£1 2.50%
Coventry BS
0800 121 8899
2.49%
to 30.9.26
0808 256 6876
2.99%
to 31.10.26
AER
Provider
Contact
first direct
0800 482448
Coventry BS
Barclays Bank
0800 400100
Help to Buy: Isa
£1 2.27%
HSBC
Buckinghamshire BS
01494 879500
Help to Buy: Isa 2
£1 2.25%
Variable-rate mortgages
Nationwide BS
nationwide.co.uk Help to Buy: Isa
£1 2.00%
NatWest
0800 200 400
£1 2.00%
Help to Buy: Isa
Regular savings accounts Provider
Contact
Account
Min AER Mntly £10 3.50% F
Saffron BS
via branch
12 Mth Fixed Members 3
West Brom BS
via branch
Adults' Regular Saver 3
£10 3.30% F
Kent Reliance
via branch
Regular Saving Issue 2
£25 3.25% V
Santander
santander.co.uk Regular eSaver
£0 3.00% V
Nottingham BS
0844 481 4444 Go for Gold Saver
£1 3.00% V
Period
Nil
Redmptn Charge Until 1st 5 yrs
85% £999
To 30.9.21
Max LTV 75%
Fee
90% £995 To 31.10.21 65% £999 80%
term
Max Fee LTV 65% £999
term
75% £999
None
1.89%
term
85% £999
None
0800 121 8899
2.09%
term
85% £499
None
0800 121 8899
2.35%
term
90% £999
None
Contact
Period
0800 121 8899
Initial Rate 1.65%
Coventry BS Coventry BS
0800 121 8899
1.69%
Coventry BS
0800 121 8899
Coventry BS Coventry BS
Introductory rate for purchases Introductory Term
Purch APR
0800 030 4418 Nectar Purchase MC
0% 1st 27 mths
18.9%
Post Office Money® postoffice.co.uk 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 Provider American Express
Contact Product name 0800 169 6767 Plat Cashback Amex
Santander
0800 389 9905
ASDA Money
0371 704 3369 Credit Card M’Card
AA
0345 600 5606 Fuelsave CC M’Card
NewDay Ltd
aquacard.co.uk aqua Reward M'Card
18.4%
1%-3% depends
on spend 0.50% standard 1% ASDA supermkt/petrol 22.4% 0.5% Standard 2% or 4% on fuel 34.9% 0.5% capped at £100 pa 18.9%
Current accounts
Period
Redmptn Charge Until To 31.7.18
Account Fee
AER **
Reward Current Account
None
£5 pm
0345 835 3863
Classic Plus
None
5%
Nationwide
0800 302 010
FlexDirect
None
5%
None
3%
£10 pm
3%
Provider
Contact
Account name
Halifax
0345 720 3040
TSB
95% £495 To 30.11.18
Post Office Money®
0800 077 8033
Halifax
0845 727 3747
3.94% (F)
to 30.11.18
Age 70
Post Office Money®
0800 077 8033
4.19% (F)
to 31.7.19
95%
Nil
To 31.7.19
Tesco Bank
tescobank.com
Current Account
95%
Nil
To 31.7.21
Nationwide
0800 302 010
FlexPlus
Single life
Cashback 1.25% standard 5%/3mth (max £125)
123 Credit Card M'Card
Initial Rate 3.74% (F)
Pension annuities
Purchase APR 28.2% Intro
Credit interest
Help-to-buy mortgage guarantee Contact
Transfer
Platinum 40 Mth
To 30.9.26
Nil To 31.10.26
Redmptn Charge Until None
Provider
Provider
Age 65
1st 3 yrs
Long-term fixed-rate mortgages
for 5 years
£1 1.50%
Min
Age 60
Period
Initial Rate 2.18%
£5,000 1.55%
Help-to-buy cash Isas Contact
Contact
£500 1.55%
3 Yr Fixed Rate Isa 3
Provider
Provider
Product name
to 31.7.18
Max LTV 95%
Fee Nil
Provider
Contact
Canada Life
0845 300 3199
£1,995.72 £2,332.08 £2,697.24
Post Office Money®
0800 077 8033
4.48% (F)
to 31.7.21
Prudential
0808 234 5100
£1,981.06 £2,282.98 £2,577.86
Halifax
0845 727 3747
4.64% (F)
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
Retirement Advantage 0800 912 9945
£1,900.20 £2,136.48 £2,339.28
National Savings & Investments
Provider
Contact
Account name
First Direct
0800 242 424
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 Provider
0845 300 3199
Male: Age 60 Age 65 Age 70 Female: Age 55 Age 60 Age 65 £1,657.20 £1,851.96 £2,108.16
Retirement Advantage 0800 912 9945
£1,638.72 £1,806.72 £1,913.04
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
Canada Life
Contact
Based on a pension pot of £50,000
Min
95% £495 To 30.11.21
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
Account Fee
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 0345 721 2212 Current Account
Monthly funding requirements may apply * = Expected profit rate, this provider operates under islamic finance principles. ** = 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 are based on true cost and may include incentives, visit www.moneyfacts.co.uk
Tax-free products Direct Isa
Bal trans Purch Fee APR
80% £999 To 31.10.18
None
£1
1.00%
Yearly
5 Yr Bnd
£25
2.50%
Yearly
18.9%
