14 The Sunday Times July 19, 2020 MONEY 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 Halifax Reward Current Account None £5 a month – 0345 720 3040 West Brom 1.14% Fixed to 30.09.22 40% £999 LV 0800 298 0008 rates at 5pm on Friday, Co-operative Bank Current with Everyday Rewards None £4 a month – 0345 721 2212 which show where the Leeds 1.24% Fixed to 31.10.22 25% £999 LV 0345 045 4049 Virgin Money Current Account None 2.02% £0.01-£1,000 0800 678 3654 market is trading. Santander 1.74% Fixed to 02.10.22 15% £999 LV 0800 100 802 They are not indicative OVERDRAFTS * 3-YEAR FIXED RATES of the rate you will 2 Lender Rate Scheme Deposit Fee Notes Contact Provider Account name Account fee Interest rate 0% overdraft limit Contact be able to get. Starling Current Account None 15% £0 starlingbank.com Barclays 1.38% Fixed to 31.10.23 25% £999 LV 0333 202 7580 M&S Bank Current Account None 39.9% £250 0800 756 7777 EURO Principality 1.88% Fixed to 30.11.23 20% £0 LV 0800 678 1000 Smile Current Account None 18.9% £0 0345 721 2212 GBP>EUR Yorkshire BS 2.15% Fixed to 31.08.23 15% £0 V 0345 166 9510 FUND FOCUS 1 Based on funding of £1,500 a month. 2 Equivalent annual rate. * Based on overdraft of £500 for 7 days a month. LONG-TERM FIXED RATES T.ROWE PRICE Some accounts require minimum funding/direct debits to open or receive rates shown. Lender Rate Scheme Deposit Fee Notes Contact Source: Moneyfacts.co.uk ASIAN Virgin 1.39% Fixed to 01.11.25 35% £995 LV 0345 605 0500 OPPORTUNITIES 1.10 Leek United 1.55% Fixed to 30.11.25 25% £1,495 BV 0800 169 6680 Skipton 2.02% Fixed to 31.10.25 15% £995 LV 0345 850 1755 EQUITY AMERICA CREDIT CARDS GBP>USD Barclays 1.99% Fixed to 31.10.30 40% £999 LV 0333 202 7580 What it is INTRODUCTORY RATES TRACKERS */ DISCOUNTS A £3.1 million fund that 1 Lender Rate Scheme Deposit Fee Notes Contact Provider Card type Introductory purchase APR Reward Contact aims to grow the value of M&S Bank Shopping Plus Mastercard 0% for 20 months 19.9% Yes 0800 997 996 Barclays 1.24% Base +1.14% for 2 years 40% £999 LV 0333 202 7580 its investments over the TSB Platinum Purchase Mastercard 0% for 20 months 19.9% No 0345 835 3846 Nationwide 2.14% Base +2.04% for 2 years 15% £999 AELV 0800 302 010 long term. It has a 1.25 Newbury 1.59% 2.36% discount for 5 years 30% £850 LV 0163 555 5777 dividend yield of zero and Tesco Bank Clubcard Mastercard 0% for 18 months 19.9% No 0345 300 4278 SWITZERLAND First Direct 2.09% Tracker +1.99% for term 25% £490 ELV 0800 482 448 an annual charge of BALANCE TRANSFERS 0.92 per cent. GBP>CHF FIRST-TIME BUYER / LOW DEPOSIT Provider Card type Introductory purchase Transfer fee 2 APR 1 Contact Lender Rate Scheme Deposit Fee Notes Contact What it invests in M&S Bank Transfer Plus Mastercard 0% for 28 months 2.85% (min £5) 19.9% 0800 997 996 HSBC 2.44% Base +2.34% for 2 years 10% £999 ELV 0800 494 999 More than two thirds of its TSB Platinum Mastercard 0% for 28 months 2.95% (no min) 19.9% 0345 835 3846 First Direct 2.29% Fixed to 01.11.22 10% £490 LV 0800 482 448 portfolio is in consumer Tesco Bank Clubcard Mastercard 0% for 26 months 2.98% (no min) 19.9% 0345 300 4278 and technology stocks. 1.18 NatWest 1.83% Fixed to 30.09.25 25% £995 CHP 0800 400 999 The biggest individual CASHBACK CARDS BUY TO LET holdings are in Alibaba, Provider Card type APR 1 Cashback Contact AUSTRALIA Lender Rate Scheme Deposit Fee Notes Contact the Chinese retail giant, GBP>AUD Taiwan Semiconductor American Express Platinum Cashback 27.3% 1%-1.25%. Intro 5% for 6 months 0800 917 8047 HSBC 1.44% Base +1.84% for 2 years 40% £1,999 ELV 0800 494 999 Manufacturing, which American Express Platinum Cashback Everyday 22.2% 0.5%-1%. Intro 5% for 6 months 0800 917 8047 Virgin 1.77% Fixed to 01.11.22 25% £995 LV 0345 605 0500 makes chips for Apple Santander All in One Mastercard 21.7% 0.5% 0800 389 9905 Leeds 1.79% Fixed to 30.09.25 40% £999 LV 0345 045 4049 phones, and Tencent 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. Holdings, a Chinese Source: Moneyfacts.co.uk Notes: SVR = Standard variable rate; A = £500 cashback for first-time buyers; B = £500 cashback; D = £250 cashback; E = No early repayment internet company 1.79 charge; H = Help to Buy scheme; L = Free legal work for remortgages; P = Purchases only; R = Free valuation and legal work for remortgages; S = Remortgage only; V = Free valuation. with interests in Source: landc.co.uk — 0800 373 300 entertainment and artificial intelligence. SAVINGS ACCOUNTS Performance INSTANT ACCESS Over one year the fund has returned 12 per cent, Provider Account name Min deposit Interest rate Contact CASH ISAS compared with an NS&I Income Bonds £500 1.15% nsandi.com INSTANT ACCESS average return of 1.8 per NS&I Direct Saver £1 1% nsandi.com Provider Account name Min deposit Interest Transfers in Contact cent for the sector. Over Leeds Building Society Limited Issue Online Access (Issue 13) £1,000 0.85% leedsbuildingsociety.co.uk NS&I Direct Isa £1 1% No nsandi.com two years it has returned 24.6 per cent, compared Yorkshire BS Internet Saver ISA Plus Issue 5 £10,000 0.65%* Yes ybs.co.uk NOTICE ACCOUNTS with 11.1 per cent. FIXED RATE Provider Account name Notice period Min deposit Interest rate Contact Provider Account name Term Min deposit Rate Transfers in Contact What the manager says BLME 90-day Notice (Issue 3) 90 days £10,000 1.1% blme.com Yorkshire BS 1-year Cash ISA 1 year £100 0.65% Yes ybs.co.uk Eric Moffett said: “We Allica Bank 95-day Notice Personal Savings (Issue 1) 95 days £1,000 1.1% allica.bank employ analytical tools to UBL UK 2-year Cash Isa 2 years £2,000 0.9% Yes ubluk.com UBL 35-day Notice 35 days £1 1% ubluk.com identify established * Tiered account. Account pays 0.45 per cent AER on balances between £1,000 and £10,000, 0.65 per cent AER on balances between £10,000 and £50,000 and 0.75 per cent AER on balances above £50,000 companies with leading FIXED-RATE BONDS Source: Savingschampion.co.uk — 0808 178 5354 market positions that use Provider Account name Term Min deposit Interest rate Contact their capital wisely.” Allica Bank 12-month Fixed-Term Savings (Issue 4) 1 year £1,000 0.95% allica.bank What the experts say Close Brothers Savings 2 Year Fixed-Rate Bond 2 years £10,000 1.15% closesavings.co.uk Darius McDermott from UBL UK 3-year Fixed Term Deposit 3 years £2,000 1.3% ubluk.com Fund Calibre, a research CHILDREN’S ACCOUNTS group, said: “The manager 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 likes companies with net Source: Savingschampion.co.uk — 0808 178 5354 Halifax Kids’ Monthly Saver Regular saver £10 4% halifax.co.uk cash on the balance sheet that can hold up a lot Santander 1 123 Mini Current Account Current account £1,500 2.96% santander.co.uk better in bad times. When Saffron BS 2-year Fixed-rate Bond Fixed-rate bond £500 1.65% saffronbs.co.uk global markets sold off in 1 Interest paid on balances between £1,500 and £2,000 February/March this year, JUNIOR ISAS the fund fell 15 per cent ENERGY DEALS Supplier Average annual bill Rate Contact Provider Account name Min deposit Interest rate Rate Contact versus a sector average Table shows the cheapest tariff from the 3three cheapest EBICo £821 Fixed 0800 028 6699 NS&I Junior Isa £1 3.25% Variable nsandi.com fall of 20 per cent. There suppliers.Excludescheapest suppliers. fixed Excludes tariffs fixed of less tariffs than of 12 are some headwinds months’less than duration. 12 months’ Excludes duration, tariffs tariffs that that do not have Yorkshire Energy £829 Fixed 0113 451 0700 Coventry BS Junior Cash Isa (1) £1 2.95% Variable coventrybuildingsociety.co.uk facing Asia, but there will nationaldo not have coverage. national Excludes coverage tariffs and tariffswhere payments Tonik Energy £833 Fixed 0333 344 2686 arewhere taken payments in advance are takenof the in customer advance coming of on Tesco Bank Junior Cash Isa £1 2.75% Variable tescobank.com always be investment supply.the customer F=Fixed coming rates V=Variableon supply. rates Source: TheEnergyShop.com — 0800 448 0205 Source: Savingschampion.co.uk — 0808 178 5354 opportunities.” scandal (“The year investors Monzo’s £5 fee for bid farewell to fund My wife and I divvied up chores.