The Times - UK (2020-11-14)

the times | Saturday November 14 2020 1GM 73

Money

National Savings & investments

* From Nov 24 Notice/ Min AER Interest

Term Paid

Accounts and bonds

Direct Saver None £1 0.15% * Yearly

Investment Account None £20 0.01% * Yearly

Income Bonds None £500 0.01% * Monthly

Tax-free products

Junior Isa Age 18 £1 1.50% * Yearly

Direct Isa None £1 0.10% * Yearly

Credit cards

Introductory rate for balance transfers

Bal transPurch

Provider Contact Product name Transfer Fee APR

TSB 0345 835 3846 Platinum BT MC 0% 1st 29 mths 2.95% 19.9%

M&S Bank 0800 997 996 Transfer Plus MC 0% 1st 28 mths 2.85% 19.9%

Sainsbury's Bank 0808 540 5060 BT CC MC 0% 1st 27 mths 3.00% 21.9%

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%

Introductory rate for purchases

Introductory Purch

Provider Contact Product 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%

Sainsbury's Bank 0808 540 5060 Dual Offer CC MC 0% 1st 20 mths 21.9%

Tesco Bank 0345 300 4278 Clubcard CC Pur MC 0% 1st 18 mths 19.9%

MBNA Limited 0345 606 2062

0% Transfer & Pur CC

MC

0% 1st 18 mths 20.9%

Current accounts

Credit interest

Account

Provider Contact Account Fee Reward

Halifax 0345 720 3040 Reward Current Account None £5 pm E

TSB 0345 975 8758 Spend & Save None £5 pm C

The Co-op Bank 0345 721 2212 Current Everyday Rewards None £2 pm E

Virgin Money 0800 678 3654 Current Account None 2.02%

Nationwide BS 0800 302010 FlexDirect None 2% C

Savings

Easy access (without introductory bonus)

Provider Contact Account Min AER

Atom Bank via website Instant Saver £1 0.75%

ICICI Bank UK via website SuperSaver Savings £1 0.75%

Gatehouse Bank A via website Easy Access £1,000 0.75%
Al Rayan Bank A via website Everyday Saver (2) £500 0.70%

Paragon Bank via website Triple Access (2) £1 0.65%

Long-term fixed rates

Provider Contact Account Min AER
BLME A via website Premier Deposit (5 yr) £1,000 1.55% F

BLME A via website Premier Deposit (7 yr) £1,000 1.55% F

AgriBank B via website Raisin UK - Fixed (5 yr) £10,000 1.46% F
Ikano Bank B via website Fixed Saver (5 yr) £1,000 1.41% F

BLME A via website Premier Deposit (4 yr) £1,000 1.40% F

Easy access cash Isas

Provider Contact Account Min AER

Paragon Bank via website Triple Access Isa (2) £1 0.65%

Bath BS via branch Instant Isa £1 0.60%
Scottish BS via branch Loyalty Cash Isa £1 0.60%

Al Rayan Bank A via website Instant Access Isa (2) £50 0.60%

Gatehouse Bank A via website Easy Access Isa £1,000 0.60%

Fixed-cash Isas

Provider Contact Account Min AER

United Trust Bank via post Isa Bond (7 yr) £15,0001.35% F
Shawbrook Bank via website Fixed Isa 3 (7 yr) £1,0001.25% F

United Trust Bank via post Isa Bond (5 yr) £15,0001.25% F

UBL UK via branch Fixed Rate Isa (5 yr) £2,0001.15% F
Shawbrook Bank via website Fixed Isa 25 (5 yr) £1,0001.10% F

Lifetime cash Isas

Provider Contact Account Min AER

Moneybox via website Cash Lifetime Isa £1 1.10%
Nottingham BS via website Lifetime Isa Online 2 £10 1.05%

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
NatWest via website Digital Regular Saver £0 3.04% V

Royal Bank of Scotland via website Digital Regular Saver £0 3.04% V
West Brom BS via branch Regular Saver (4) £10 2.00% F

Coventry BS 0800 121 8899 Regular Saver (3) £0 1.55% V
Principality BS via website Christmas 2021 Saver £0 1.50% F

Pension annuities

Single life

Provider Contact Age 60 Age 65 Age 70
Aviva 0800 015 5064 £1,853.84 £2,325.67 £2,658.45

Hodge 0800 023 7233 £1,976.00 £2,287.00 £2,666.00

Legal & General 0345 765 4465 £1,951.56 £2,264.04 £2,677.56
Canada Life 0345 300 3199 £1,930.68 £2,244.36 £2,605.32

Just 0345 302 2287 £1,786.44 £2,108.52 £2,540.16

Joint life

Provider Contact Male: Age 60 Age 65 Age 70
Female: Age 55 Age 60 Age 65
Hodge 0800 023 7233 £1,633.00 £1,842.00 £2,087.00
Legal & General 0345 765 4465 £1,589.76 £1,820.40 £2,069.04

Canada Life 0345 300 3199 £1,622.40 £1,814.76 £2,067.60

Aviva 0800 015 5064 £1,434.70 £1,763.95 £1,972.81
Just 0345 302 2287 £1,466.64 £1,668.48 £1,910.76

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 of products are subject to individual credit ratings.

Mortgages

First-time buyer mortgages

Redmptn

Provider Contact Initial Period Max Fee Charge

Rate LTV Until

Nationwide BS 0800 302010 3.49% F for 2 years 90% £999 1st 2 yrs

Nationwide BS 0800 302010 3.74% F for 2 years 90% - 1st 2 yrs

Nationwide BS 0800 302010 3.54% F for 5 years 90% £999 1st 5 yrs

Nationwide BS 0800 302010 3.74% F for 5 years 90% - 1st 5 yrs

Virgin Money 0330 057 1701 3.89% F to 1.3.31 90% £995 To 1.3.31

Remor tgages

Redmptn

Provider Contact Initial Period Max Fee Charge

Rate LTV Until

Lloyds Bank 0800 783 3534 1.17% F to 28.2.23 60% £999 To 28.2.23

Lloyds Bank 0800 783 3534 1.50% F to 28.2.23 80% £999 To 28.2.23

Coventry BS 0800 121 8899 1.69% F to 31.12.23 75% £999 To 31.12.23

Lloyds Bank 0800 783 3534 1.57% F to 28.2.26 75% £999 To 28.2.26

first direct 0800 482448 2.09% V term 75% £490 None

Short-term fixed-rate mortgages

Redmptn

Provider Contact Initial Period Max Fee Charge

Rate LTV Until

Barclays Mortgage 0333 202 7580 1.28% to 31.1.23 60% £999 To 31.1.23

first direct 0800 482448 1.69% for 2 years 75% £490 1st 2 yrs

Marsden BS 0800 801645 2.89% to 31.3.23 85% - To 31.3.23

West Brom BS 0800 298 0008 2.04% to 29.2.24 75% £999 To 29.2.24

Loughborough BS 01509 631950 2.39% for 3 years 80% £499 1st 3 yrs

Long-term fixed-rate mortgages

Redmptn

Provider Contact Initial Period Max Fee Charge

Rate LTV Until

Barclays Mortgage 0333 202 7580 1.43% to 31.1.26 60% £999 To 31.1.26

Barclays Mortgage 0333 202 7580 1.70% to 31.1.26 75% £999 To 31.1.26

Barclays Mortgage 0333 202 7580 2.95% to 31.1.26 85% £999 To 31.1.26

Barclays Mortgage 0333 202 7580 1.99% to 31.1.31 60% £999 To 31.1.31

Nationwide BS 0800 302010 3.44% 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

NatWest 0800 587 6599 4.25% term 80% £499 None

Buy-to-let Mortgages

Redmptn

Provider Contact Initial Period Max Fee Charge

Rate LTV Until

Principality BS 0330 333 4002 1.95% D to 31.5.23 60% - To 31.5.23

Hinckley & Rugby BS 01664 251234 3.14% D for term 75%£1,500 None

NatWest 0800 587 6599 1.35% F to 31.3.23 60% £995 To 31.3.23

TSB 0808 274 5506 1.89% F to 31.12.23 60% - To 31.12.23

Post Office Money® 0800 077 8033 2.07% F to 30.11.25 75%£1,495 To 30.11.25

The selections above are based on a combination of initial rate, fee and incentive available.

Best buys

Cashback credit card

Purchase

Provider Contact Product name APR Cashback

American Express 0800 917 8047 Platinum Cashback 27.3% 1% - 1.25% standard

Intro 5%/3mth (max £125)

American Express 0800 917 8047Plat Cashback Everyday 22.2% 0.50% - 1% standard

Intro 5%/3mth (max £100)

Santander 0800 389 9905 All in One CC M'card 21.7%Standard 0.50% on spend

over £1 per month

smile 0345 600 6000 Classic CC Visa 19.9%Standard 0.25% on spend

over £1 per month

Barclaycard 0800 731 0200 Rewards Visa 22.9%Standard 0.25% on spend

over £1 per year

Borrowing rates and products are subject tocredit ratings. Terms apply to all cashback

Data supplied by

Arranged overdrafts

Account Usage

Provider Contact Account name Fee EAR Fee

Starling Bank via website Current Account none 15% £0

First Direct 0345 600 2424 1st Account none 39.9% £250

M&S Bank 0800 756 7777 M&S Current Account none 39.9% £250

Virgin Money 0800 678 3654 Current Account none 19.9% £0

Lloyds Bank 0800 015 4000 Club Lloyds £3pm 27.5% £50

Current account interest rates paid up to a level, terms may apply.

A = provider operates under Islamic finance principles, rate shown is expected profit.

B = protected by non-UK compensation scheme. C = introductory rate. E = net of income tax.

F = fixed rate. D = discounted variable rate. V = variable rate.

Savings rates AER variable unless stated. Methods of operating accounts will vary. Rates and

terms subject to change without notice. No liability can be accepted for any loss arising from

the use of this information. Readers who are not financial professionals should seek expert

advice. Visit moneyfacts.co.uk for full details

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