the times | Saturday August 1 2020 1GM 67
Money
National Savings & investments
Notice or Min AER Interest
term paid
Accounts and bonds
Income Bonds None £500 1.16% Monthly
Direct Saver None £1 1.00% Yearly
Investment Account None £20 0.80% YearlyTax-free products
Junior Isa Age 18 £1 3.25% Yearly
Direct Isa None £1 0.90% YearlyCredit cards
Introductory rate for balance transfers
Bal transPurch
Provider Contact Product name Transfer Fee APR
M&S Bank 0800 997 996 Transfer Plus MC 0% 1st 28 mths 2.85% 19.9%
TSB 0345 835 3846 Platinum BT MC 0% 1st 28 mths 2.95% 19.9%
MBNA Limited 0345 606 2062 Long 0% BT MC 0% 1st 26 mths 2.99% 20.9%
HSBC 0345 7404 404 BT CC Visa 0% 1st 25 mths 1.50% 21.9%
MBNA Limited 0345 606 2062 Low Fee 0% BT CC 0% 1st 23 mths 1.99% 20.9%Introductory rate for purchases
Introductory Purch
Provider Contact Product name Term APR
M&S Bank 0800 997 996 Shopping Plus MC 0% 1st 20 mths 19.9%
TSB 0345 835 3846 Platinum Pur MC 0% 1st 20 mths 19.9%
Tesco Bank 0345 300 4278 Clubcard CC Pur MC 0% 1st 18 mths 19.9%
Barclaycard 0800 731 0200 Plat 0% Pur & BT Visa 0% 1st 18 mths 20.9%
MBNA Limited 0345 606 2062 0% Trans and Pur CC MC 0% 1st 18 mths 20 .9%Current accounts
Account
Provider Contact Account name Fee AER
Halifax 0345 720 3040 Reward Current Account None £5 pm B
The Co-op Bank 0345 721 2212 Current Everyday Rewards None £2 pm B
Virgin Money 0800 678 3654 Current Account None 2.02%
Nationwide BS 0800 302010 FlexDirect None 2% C
TSB 0345 975 8758 Classic Plus None 1.5%Savings
Easy access (without introductory bonus)
Provider Contact Account Min AER
NS&I via website Income Bonds £500 1.16%
ICICI Bank UK via website SuperSaver Savings £1 1.00%
NS&I via website Direct Saver £1 1.00%
NS&I via post Investment Account £20 0.80%
Dudley BS via branch Ltd Access Bonus £100 0.80%
Long-term fixed rates
Provider Contact Account Min AER
BLME A via website Premier Deposit (7 yr) £1,000 1.70% F
BLME A via website Premier Deposit (5 yr) £1,000 1.50% F
BLME A via website Premier Deposit (4 yr) £1,000 1.45% F
UBL UK via branch Fixed Deposit (7 yr) £2,000 1.45% F
UBL UK via branch Fixed Deposit (5 yr) £2,000 1.40% F
Easy-access cash Isas
Provider Contact Account Min AER
Cynergy Bank via website Online Isa 4 £1 0.90%
NS&I via website Direct Isa £1 0.90%
Yorkshire BS via website Internet Isa Plus 5 £10,000 0.65%
Bath BS via branch Instant Isa £1 0.60%
Scottish BS via branch Loyalty Isa £1 0.60%
Fixed cash Isas
Provider Contact Account Min AER
Shawbrook Bank via website Fixed Isa 3 (7 yr) £1,0001.25% F
United Trust Bank via post Isa Bond (7 yr) £15,0001.25% F
UBL UK via branch Fixed Rate Isa (5 yr) £2,0001.21% F
Secure Trust Bank via website Fixed Rate Isa (5 yr) £1,0001.20% F
Furness BS via website Fixed Isa (17) (5 yr) £1,0001.10% F
Lifetime cash Isas
Provider Contact Account Min AER
Nottingham BS via website Lifetime Isa Online £10 1.25%
Moneybox via website Cash Lifetime Isa £1 1.00%
Paragon Bank via website Cash Lifetime Isa (2) £1 0.75%
Skipton BS via website Online Lifetime Isa 3 £1 0.35%
Newcastle BS via website Cash Lifetime Isa (3) £1 0.35%
Regular savings accounts
Provider Contact Account Min AER
mntly
West Brom BS via branch Regular Saver (4) £10 2.00% F
Coventry BS 0800 121 8899 Regular Saver (2) £0 1.85% V
Principality BS via website 1 Year Regular Saver 22 £0 1.50% F
Kent Reliance via branch 1 Year Savings - 5 £1 1.50% V
Furness BS via branch 3 Year Regular Saver £1 1.40% V
Pension annuities
Single life
Provider Contact Age 60 Age 65 Age 70
Hodge 0800 023 7233 £1,938.00 £2,254.00 £2,639.00
Legal & General 0345 765 4465 £1,917.48 £2,245.68 £2,658.00
Canada Life 0345 300 3199 £1,930.68 £2,244.36 £2,605.32
Aviva 0800 015 5064 £1,805.41 £2,207.57 £2,529.47
Just 0345 302 2287 £1,836.00 £2,156.28 £2,584.08
Joint life
Provider Contact Male: Age 60 Age 65 Age 70
Female: Age 55 Age 60 Age 65
Canada Life 0345 300 3199 £1,622.40 £1,814.76 £2,067.60
Hodge 0800 023 7233 £1,591.00 £1,802.00 £2,053.00
Legal & General 0345 765 4465 £1,554.00 £1,799.52 £2,062.32
Aviva 0800 015 5064 £1,421.73 £1,696.35 £1,880.33
Just 0345 302 2287 £1,488.00 £1,689.96 £1,935.00
Based on a pension pot of £50,000
Personal loans
Fixed monthly repayment on £10,000 for 5 years
(without insurance)
Rep Amount per Total
Provider Contact APR month repaid
cahoot via website 2.8% £178.64 £10,718.40
TSB 0345 835 3861 2.8% £178.64 £10,718.40
John Lewis 0345 266 1380 2.9% £179.07 £10,744.20
M&S Bank 0800 363400 2.9% £179.07 £10,744.20
Borrowing rates and availability subject to credit ratingsMortgages
First-time buyer mortgages
Redmptn
Provider Contact Initial Period Max Fee charge
rate LTV until
first direct 0800 482448 2.29% F for 2 years 90% £490 1st 2 yrs
Penrith BS 01768 863675 2.75% D for 2 years 90% £699 1st 2 yrs
Nationwide BS 0800 302010 2.99% F for 3 years 90% - 1st 3 yrs
first direct 0800 482448 2.59% F for 5 years 90% £490 1st 5 yrs
Nationwide BS 0800 302010 2.79% F for 5 years 90% £999 1st 5 yrsRemor tgages
Redmptn
Provider Contact Initial Period Max Fee charge
rate LTV until
Lloyds Bank 0800 783 3534 1.43% F to 30.11.22 80% £999 To 30.11.22
Barclays Mortgage 0333 202 7580 1.58% F to 31.10.22 60% - To 31.10.22
Vernon BS 0330 057 1701 2.25% F to 30.9.23 85% £999 To 30.9.23
Lloyds Bank 0800 783 3534 1.45% F to 30.11.25 75% £999 To 30.11.25
Lloyds Bank 0800 783 3534 1.84% F to 30.11.25 85% £999 To 30.11.25Short-term fixed-rate mortgages
Redmptn
Provider Contact Initial Period Max Fee charge
rate LTV until
West Brom BS 0800 298 0008 1.24% to 30.9.22 60% £999 To 30.9.22
West Brom BS 0800 298 0008 1.35% to 30.9.22 75% £999 To 30.9.22
first direct 0800 482448 2.29% for 2 years 90% £490 1st 2 yrs
Principality BS 0330 333 4002 1.72% to 30.11.23 75% - To 30.11.23
Vernon BS 0330 057 1701 2.25% to 30.9.23 85% £999 To 30.9.23Long-term fixed-rate mortgages
Redmptn
Provider Contact Initial Period Max Fee charge
rate LTV until
Santander 0800 100802 1.59% to 2.11.25 75% £649 To 2.11.25
Yorkshire BS 0345 120 0100 2.34% to 30.11.25 85% - To 30.11.25
first direct 0800 482448 2.59% for 5 years 90% £490 1st 5 yrs
Barclays Mortgage 0333 202 7580 1.99% to 31.10.30 60% £999 To 31.10.3 0
Nationwide BS 0800 302010 2.79% for 10 years 85% £999 1st 10 yrs
Variable-rate mortgages
Redmptn
Provider Contact Initial Period Max Fee charge
rate LTV until
first direct 0800 482448 2.09% term 75% £490 None
first direct 0800 482448 2.24% term 75% - None
first direct 0800 482448 2.44% term 80% £490 None
first direct 0800 482448 2.59% term 80% - None
first direct 0800 482448 2.99% term 90% £490 None
Buy-to-let mortgages
Redmptn
Provider Contact Initial Period Max Fee charge
rate LTV until
Leek United BS 0808 169 6680 1.85% D for 2 years 65% - 1st 2 yrs
The Melton BS 01664 414141 2.49% D for term 75% £399 1st 5 yrs
NatWest 0800 587 6599 1.35% F to 30.9.22 60% £995 To 30.9.22
TSB 0808 274 5506 1.89% F to 30.9.23 60% - To 30.9.23
Virgin Money 0330 057 1701 2.14% F to 1.11.25 75% £995 To 1.11.25
Selections based on a combination of initial rate, fee and incentivesBest buys
Cashback credit cards
Purchase
Provider Contact Product name APR Cashback
American Express 0800 917 8047 Platinum Cashback 27.3% 1% - 1.25% standard
Intro 5%/6mth (max £125)
American Express 0800 917 8047 Plat Cash Everyday 22.2% 0.50%-1% standard
Intro 5%/6mth (max £100)
Santander 0800 389 9905 All in One CC M'card 21.7%Standard 0.50% on spend
over £1 per year
smile 0345 600 6000 Classic CC Visa 19.9%Standard 0.25% on spend
over £1 per year
Barclaycard 0800 731 0200 Rewards Visa 22.9%Standard 0.25% on spend
over £1 per year
Cashback can varyData supplied byArranged overdrafts
Account 0%
Provider Contact Account name Fee EAR Limit
Starling bank via website Current Account None 15.0% £0
M&S Bank 0800 756 7777 M&S Current Account None 39.9% £250
Smile 0345 721 2212 Current Account None 18.9% £0
The Co-operative Bank 0345 721 2212 Current Account None 18.9% £0
Virgin Money 0800 678 3654 Current Account None 19.9% £0
Current account interest rates paid up to a level. A = Provider operates under Islamic finance
principles, rate shown is expected profit. B = Paid as a reward. C = Introductory rate for a limited
period. F = Fixed rate. D = Discounted variable rate. V = Variable rate. Savings rates are AER
variable unless stated. Methods of operating accounts will vary. Rates and terms are subject to
change without notice and should be checked before finalising any arrangement. No liability can
be accepted for any loss arising from use of, or reliance on, this information. Readers who are
not financial professionals should seek expert advice. Visit moneyfacts.co.uk for full details.