Bank Scammers Use Fake ID to Steal £29M
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The Sunday Times March 24, 2019 17 12 MONEY 14 PUZZLES HAVE MOVED NEWS, PAGE 38 Best Buys CURRENT ACCOUNTS FOREIGN MORTGAGES CREDIT INTEREST CURRENCY 2-YEAR FIXED RATES Provider Account name Account fee Interest rate 1 Balance Contact Lender Rate Scheme Deposit Fee Notes Contact These are the interbank Co-operative Bank Current with Everyday Rewards None £4 a month – 0345 721 2212 First Direct 1.59% Fixed for 2 years 40% £490 LV 0800 482 448 rates at 5pm on Friday, TSB Classic Plus None 5% £1-£1,500 0345 975 8758 which show where the Post Office 1.81% Fixed to 31.05.21 15% £495 LV 0800 077 8033 Nationwide FlexDirect None 5% 2 £0.01-£2,500 0800 302 010 market is trading. Barclays 1.78% Fixed to 30.04.21 10% £999 LV 0333 202 7580 They are not indicative OVERDRAFTS * 3-YEAR FIXED RATES of the rate you will be Provider Account name Account fee Interest rate 3 0% overdraft limit Contact able to get. Lender Rate Scheme Deposit Fee Notes Contact First Direct 1st Account £10 a month 4 15.9% £250 0800 242 424 HSBC 1.69% Fixed to 31.07.22 40% £999 LV 0800 494 999 M&S Bank Current Account None 15.9% £100 0345 900 0900 EURO Coventry 1.89% Fixed to 30.06.22 15% £999 LV 0800 121 8899 Starling Current Account None 15% £0 starlingbank.com GBP>EUR Barclays 2.09% Fixed to 30.04.22 10% £999 LV 0333 202 7580 FUND 1 Based on funding of £1,000 a month. 2 Introductory rate for one year, then 1%. 3 Equivalent annual rate. 4 Fee waived if minimum funding of £1,000 is met. * Based on overdraft of £500 for 15 days a month. LONG-TERM FIXED RATES FOCUS Some accounts require minimum funding/direct debits to open or receive rates shown. Lender Rate Scheme Deposit Fee Notes Contact Source: Moneyfacts.co.uk JUPITER ASIAN HSBC 1.84% Fixed to 31.07.24 40% £999 LV 0800 494 999 INCOME FUND 1.17 M&S 2.04% Fixed to 30.04.24 15% £1,094 LV 0800 923 1536 Barclays 2.29% Fixed to 30.04.24 10% £999 LV 0333 202 7580 AMERICA What it does CREDIT CARDS GBP>USD Coventry 2.35% Fixed to 30.06.29 35% £999 LV 0800 121 8899 Invests in companies across Asia, Australia and INTRODUCTORY RATES TRACKERS */ DISCOUNTS New Zealand, with the aim 1 Lender Rate Scheme Deposit Fee Notes Contact Provider Card type Introductory purchase APR Reward Contact of delivering growth and MBNA 0% Transfer & Purchase Mastercard 0% for 28 months 19.9% No 0345 606 2062 Skipton 1.59% Tracker +0.84% for 2 years 40% £0 LV 0345 850 1755 income for investors. Virgin Money 28-month Purchase Mastercard 0% for 28 months 19.9% No 0800 389 2875 Leek United 2.09% SVR -3.6% for 2 years 10% £199 EV 0800 783 3534 Manager Jason Pidcock 1.32 Nationwide 2.14% Tracker +1.39% for 5 years 40% £999 AELV 0800 302 010 gained a strong reputation Sainsbury’s Bank Dual Offer Mastercard 0% for 28 months 20.9% Yes 0808 540 5060 SWITZERLAND Hanley Economic 1.99% SVR -3.45% for term 40% £999 ELV 01782 255 000 at the fund house Newton, BALANCE TRANSFERS GBP>CHF where he ran an Asian FIRST-TIME BUYER / LOW DEPOSIT income fund for almost a Provider Card type Introductory purchase Transfer fee 2 APR Contact Lender Rate Scheme Deposit Fee Notes Contact decade. He moved to Barclaycard Platinum 29-month Visa 0% for 29 months 1.99% (no min) 19.9% 0800 731 0200 Newcastle 2.54% Base +1.79% to 31.07.21 5% £0 E 0345 606 4488 Jupiter three years ago Sainsbury’s Bank Platinum 29-month Mastercard 0% for 29 months 3% (min £3) 19.9% 0808 540 5060 Virgin Money 2.99% Fixed to 01.07.21 5% £0 BR 0345 605 0500 to launch this product. M&S Bank Transfer Plus Mastercard 0% for 28 months 0.99% (min £5) 19.9% 0800 997 996 1.31 Barclays 2.02% Fixed to 30.04.24 25% £749 FPV 0333 202 7580 What it invests in CASHBACK CARDS BUY TO LET Stocks across Hong Kong, Provider Card type APR 1 Cashback Contact AUSTRALIA Lender Rate Scheme Deposit Fee Notes Contact Australia and Singapore, American Express Platinum Cashback 28.2% 1%-1.25%. Intro 5% for 3 months 0800 917 8047 GBP>AUD among other countries. Leeds 1.46% Tracker +0.71% to 30.06.21 40% £999 LV 0345 045 4049 The fund focuses on American Express Platinum Cashback Everyday 22.9% 0.5%-1%. Intro 5% for 3 months 0800 917 8047 Ipswich 3.15% Fixed to 31.03.21 20% £1,149 R 0330 123 0773 dividend-paying firms and Santander All in One Mastercard 21.7% 0.5% 0800 389 9905 Post Office 2.55% Fixed to 31.05.24 25% £995 LV 0800 077 8033 its top holdings include 1 APR = annual percentage rate, dependent on credit rating. 2 Fee charged on the amount of each balance transfer during the introductory period. Early repayment charge applies unless otherwise stated. * Most deals track Bank of England base rate. the casino group Sands Source: Moneyfacts.co.uk Notes: SVR = Standard variable rate; A = £500 cashback for first-time buyers; B = £300 cashback for purchases; E = No early repayment charge; China, the investment 1.86 F = Help to Buy or shared-equity scheme; L = Free legal work for remortgages; P = Purchases only; R = Free valuation and legal work for remortgages; V = Free valuation. bank Macquarie and the Source: landc.co.uk — 0800 373 300 Korean electronics company Samsung. SAVINGS ACCOUNTS Performance INSTANT ACCESS Over three years this fund has returned 43.4%, Provider Account name Min deposit Interest rate Contact CASH ISAS compared with a sector Kent Reliance Online Only Easy Access (Issue 33) £1,000 1.5% kentreliance.co.uk INSTANT ACCESS average of 48.6%. New 1 Virgin Money Double Take E-Saver 10 £1 1.5% uk.virginmoney.com Provider Account name Min deposit Interest Transfers in Contact funds can take a while 2 to get going, however. Marcus Online Savings £1 1.49% marcus.co.uk Yorkshire BS 1 Single Access Saver Isa (Issue 5) £100 1.46% Yes ybs.co.uk It yields 3.9% and the Paragon Limited edition Isa (Issue 5) £1 1.45% Yes paragonbank.co.uk NOTICE ACCOUNTS ongoing charge is 0.98%. 1 Access allowed on only one day a year. Provider Account name Notice period Min deposit Interest rate Contact FIXED RATE What the manager says Charter Savings Bank 95-day Notice (Issue 22) 95 days £5,000 1.9% chartersavingsbank.co.uk Provider Account name Term Min deposit Rate Transfers in Contact Pidcock said: “Asian Secure Trust Bank 3 90-day Notice 90 days £1,000 1.81% securetrustbank.com equity markets are among Shawbrook Bank Cash Isa Bond (Issue 30) 1 year £1,000 1.77% Yes shawbrook.co.uk Charter Savings Bank 60-day Notice (Issue 9) 60 days £5,000 1.61% chartersavingsbank.co.uk the most exciting — there Charter Savings Bank Cash Isa 2 years £5,000 1.95% Yes chartersavingsbank.co.uk are many large, liquid FIXED-RATE BONDS Source: Savingschampion.co.uk — 0808 178 5354 market-leading Provider Account name Term Min deposit Interest rate Contact companies that have Shawbrook Bank Fixed-rate Bond (Issue 58) 1 year £1,000 1.97% shawbrook.co.uk room to grow. I aim to blend holdings that pay Axis Bank UK Fixed Deposit Account 2 years £1,000 2.26% axisbankuk.co.uk high dividends with those Aldermore Fixed-rate Account 3 years £1,000 2.4% aldermore.co.uk that have a lower yield but 1 Maximum of two easy access withdrawals a year. 2 Rate includes 0.15% bonus for first 12 months. 3 Maximum three capital withdrawals a year. CHILDREN’S ACCOUNTS higher growth.” DEALS ARE LISTED ONLY IF THEY ARE COVERED BY THE UK FINANCIAL SERVICES COMPENSATION SCHEME (FSCS) OR A EUROPEAN EQUIVALENT Provider Account name Account type Min deposit Interest rate Contact Source: Savingschampion.co.uk — 0808 178 5354 Halifax Kids’ Monthly Saver Regular saver £10 4.5% halifax.co.uk What the experts say Rob Morgan at Charles Santander 1 123 Mini Current Account Current account £300 2.96% santander.co.uk Stanley Direct said: Cambridge 3-year Fixed-rate Bond Fixed-rate bond £1,000 2% cambridgebs.co.uk “Jason Pidcock has a 1 Interest rates are tiered: 1% on balances of £100-£199; 1.98% on £200-£299; 2.96% on £300-£2,000. highly selective and JUNIOR ISAS pragmatic approach ENERGY DEALS Supplier Average annual bill Rate Contact Provider Account name Min deposit Interest rate Rate Contact with a focus on stable companies, which could Table shows the cheapest tariff from the 3 cheapest Utility Point £930 V 0345 557 7878 Coventry Junior Cash Isa (1) £1 3.6% V coventrybuildingsociety.co.uk suppliers.Excludessuppliers. Excludes fixed fixed tariffs tariffs of of less less than than 12 12 help provide protection months’ duration. Excludes tariffs that do not have First:Utility £970 F 0192 632 0700 NS&I Junior Isa £1 3.25% V nsandi.com when markets fall.” national coverage. Excludes tariffs where payments iSupply Energy £977 F 0330 202 0298 are taken in advance of the customer coming on TSB Junior Cash Isa £1 3.25% V tsb.co.uk Holly Black supply.