Best Savings, Mortgage And Credit Card Deals 12.8.21 | moneyfacts.co.uk

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Derin Clark

Derin Clark

Online Reporter
Published: 12/08/2021

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 deal this week

United Trust Bank – UTB 5 Year Bond

Savers looking to lock their money into a long-term fixed rate account will find that United Trust Bank has the best paying five year fixed bond rate this week. Its UTB 5 Year Bond pays 1.70% AER on anniversary and requires a £5,000 minimum deposit to open. Those considering this account should be aware that they cannot make further additions and withdrawals are not allowed, so their savings can only be accessed once the five year term has ended. Although the account can only be opened online, once opened it can be managed online, by post and by phone.

Key details:

  • Rate: 1.70% AER
  • Notice/term: Five years
  • Minimum opening amount: £5,000
  • Further additions: Not permitted
  • Withdrawals: Not permitted
  • Opening account: Online
  • Managing account: Online, by post and by phone

Find out more about this account.

Compare all fixed rate bonds.

Best mortgage deal this week

HSBC – five year fixed

For those looking to move home, one of the best five year fixed deals this week comes from HSBC, which is also available to those remortgaging and first-time buyers. This deal offers 0.99% (2.6% APRC) fixed until 30 November 2026, after which it reverts to 3.54%. It is available to those with a 40% deposit or equity in their home (60% loan-to-value) and charges £999 in product fees. The deal has the incentive of free valuation and, for those remortgaging, no legal fees.

Key details

  • Rate: 0.99% fixed until 30 November 2026
  • Product fee: £999
  • Maximum loan-to-value: 60% LTV
  • Available to: Moving home, remortgage and first-time buyers.
  • Incentives: Free valuations and, for those remortgaging, no legal fees.

Speak to a broker to find out more about this deal.

Compare the best five year fixed moving home mortgages.

Best credit card deal this week

Barclaycard – Platinum All-Rounder Visa

One of the best 0% purchase credit cards this week came from Barclaycard with its Platinum All-Rounder Visa offering 20 months of no interest on purchases. This card also offers 18 months of no interest on balance transfers, which must be made within 60 days and to a maximum of 90% of the card limit. For those looking to make a balance transfer it charges a fee of 2.90%. Once the interest-free periods have ended, this card charges 21.9% APR. Applicants must have a minimum income of £20,000 and the card can be applied for in branch, online and by phone. It can be managed in branch, online, by post, by phone and via app.

Key details:

  • Interest-free period on purchases: 20 months
  • Interest-free period on balance transfers: 18 months on balance transfers made within 60 days
  • APR: 21.9%
  • Card fee: None
  • Opening method: In branch, online or by phone.
  • Card management: In branch, online, by post, by phone and via app.

Find out more about this credit card.

Compare all 0% purchase 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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