Best Savings Mortgage & Credit Card Deals 02.09.21 | moneyfacts.co.uk

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Derin Clark

Derin Clark

Online Reporter
Published: 02/09/2021

Every week we highlight some of the best personal finance deals currently available. These deals are selected based on their competitive rates and features that benefit consumers. We’ll include a selection of market leaders as well as new products entering the market.

This is only a selection of the financial products available, those looking for a new savings, mortgage, loan or credit card deal should use our charts to compare the best deals.

Best savings deals this week

Tandem Bank – Green Instant Access Saver

Although easy access savings accounts often pay lower interest rates compared to fixed rate bonds and notice accounts, they are usually a good option for those looking to build a savings fund as they allow further additions to be made at any time and allow instant withdrawals – although savers should be aware some easy access accounts restrict the number of withdrawals. Tandem Bank currently offers the best-paying easy access account with its Green Instant Access Saver paying 0.65% AER. When savers open this account they are supporting Tandem Bank’s green lending initiatives and helping to make UK homes more sustainable and environmentally friendly. For some savers, the drawback with this account is that it can only be opened and managed via mobile app.

Key details:

  • Rate: 0.65% AER
  • Notice/term: None
  • Minimum opening amount: £0
  • Further additions: Permitted via a nominated account
  • Withdrawals: Permitted via a nominated account
  • Opening account: Via mobile app
  • Managing account: Via mobile app

Compare all easy access savings accounts.

 

Best mortgage deal this week

Barclays Mortgage – two year fixed

The two year fixed mortgage chart remains highly competitive with a number of lenders offering deals at sub-1% rates. One of the best deals for those with a 25% deposit/equity – 75% loan to value (LTV) - comes from Barclays Mortgage offering 0.99% (3.2% APRC) fixed until 30 November 2023, after which it reverts to 3.59%. This deal charges £999 in product fees. It is available to first-time buyers, home movers and those remortgaging.

Key details

  • Rate: 0.99% fixed until 30 November 2023
  • Product fee: £999
  • Maximum loan-to-value: 75% LTV
  • Available to: First-time buyers, home movers, remrotgage
  • Incentives: Free valuation fees, as well as free legal fees or £250 cashback for those remortgaging. Free valuation fees for properties valued to a maximum of £2 million for first-time buyers and home movers.

Find out more about this deal.

Compare the best two year fixed deals.

 

Best credit card deal this week

Virgin Money – Virgin Money 27 Month Balance Transfer Credit Card Mastercard

For those looking to transfer credit card debt to a 0% balance transfer card there are a number of highly competitive deals in our chart this week. One of the most competitive deals currently comes from Virgin Money, which offers an interest free period of 27 months on its 27 Month Balance Transfer Credit Card Mastercard. It also offers 0% interest on purchases for the first three months. Borrowers should be aware that this card charges a balance transfer fee of 1.20% and once the interest-free period has ended, it charges 21.9% APR.

Key details:

  • Interest-free period on purchases: 3 months
  • Interest-free period on balance transfers: 27 months on balance transfers made within 60 days
  • APR: 21.9%
  • Card fee: None
  • Opening method: In branch or online
  • Card management: In branch and online.

Find out more about this credit card.

Compare all 0% balance transfer credit cards.

 

Disclaimer

Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

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