Tag: new product

Leeds launches 2.55% instant access saver

Leeds launches 2.55% instant access saver

Leeds Building Society has launched a new instant access account paying interest at 2.55%. The headline rate includes a 0.5% bonus until August 2011. The account, known as the London Instant Access Account, is only available through the building society’s London branch. Savers can open the account with a minimum investment of £100, and are [...]

August 5, 2010 | 0 Comments More
Coventry launches 3.2% tracker bond

Coventry launches 3.2% tracker bond

Coventry Building Society has launched a two year base rate tracker bond. Savers are guaranteed a minimum rate of 3.2% until September 2012. There is no maximum cap on interest rates The bond can be opened with any amount between £1 and £250,000. Withdrawals are subject to a penalty of 90 days interest. Customers wanting [...]

August 3, 2010 | 0 Comments More
Yorkshire’s new bonds pay up to 4.6%

Yorkshire’s new bonds pay up to 4.6%

Yorkshire Building Society has announced a new range of fixed-rate bonds paying interest at up to 4.6% gross/AER. Customers can choose between two year, three year and five year options. Interest is paid at 3.56% on the two year bond, 4.11% on the three year bond, and 4.6% on the five year bond. Savers can [...]

July 7, 2010 | 0 Comments More
Leeds bond offers access to 50% of investment

Leeds bond offers access to 50% of investment

Leeds Building Society has launched a new instant access five year bond paying interest at 3.5%. Savers can access up to 50% of the money saved in the bond at any time without penalty. Leeds said it designed the bond by looking at the other bonds available on the market and coming up with something [...]

July 7, 2010 | 0 Comments More
Sainsbury’s bumps Easy Saver rate to 2.7%

Sainsbury’s bumps Easy Saver rate to 2.7%

Sainsbury’s Finance has boosted the interest rate on its Easy Saver account for new customers. Interest on accounts opened after 25th June 2010 will be paid at 2.7% Gross AER, an increase of 0.2 percentage points on the previous rate. The 2.7% rate will be paid to new customers for 12 months provided they maintain [...]

June 30, 2010 | 0 Comments More
Co-operative 3.99% mortgage blows away competition

Co-operative 3.99% mortgage blows away competition

The Co-operative Bank and Britannia today launched a new five-year mortgage at a fixed-rate of 3.99%. The mortgage is available to homeowners with a deposit of at least 25%. Borrowers taking out the mortgage are required to pay a £999 fee. The two providers, which merged last year, also announced a two-year fixed rate mortgage [...]

May 26, 2010 | 0 Comments More
Leeds launches 4.6% ISA for new tax year

Leeds launches 4.6% ISA for new tax year

Leeds Building Society this week launched an ISA paying interest at 4.6%. The five-year fixed rate account can be opened with just £1. Savers can access up to 25% of their savings at any time without notice or penalty. Kim Rebecchi, Leeds Building Society’s Sales and Marketing Director said the ISA is a “market leading [...]

April 5, 2010 | 0 Comments More
Coventry allows unlimited repayments on 3.99% mortgage

Coventry allows unlimited repayments on 3.99% mortgage

Coventry Building Society has announced plans to reduce the rates on its residential re-mortgage products. The new lower rates include a 2-year fixed-rate deal at 3.5% with £999 fees at 65% loan to value. The lender also revealed a new fixed-rate mortgage offering borrowers the opportunity to make unlimited overpayments without penalty. The new range [...]

March 5, 2010 | 0 Comments More
AA Credit Card: 0% on purchases for 10 months

AA Credit Card: 0% on purchases for 10 months

The AA has launched a new credit card with a 0% interest rate on retail spending for 10 months. The card, available exclusively through moneysupermarket.com, offers the 0% rate on all purchases including motoring and fuel. Consumers can also take advantage of a 0% rate on balance transfers for 12 months, subject to a 3% [...]

February 12, 2010 | 0 Comments More
First Direct announces 2.75% one-year bond

First Direct announces 2.75% one-year bond

Online bank First Direct has launched a new one-year fixed-rate bond paying interest at 2.75%. The bond is only available to First Direct customers, and can be opened with a deposit of between £2,000 and £49,999. No deposits or withdrawals can be made once the bond is opened. Customers who need to withdraw money from [...]

February 10, 2010 | 0 Comments More
The Coventry launches 4.25% bond

The Coventry launches 4.25% bond

The Coventry Building Society has launched a new 30-month fixed-rate bond paying interest at 4.25%. Savers can open the bond with an investment of between £1 and £250,000, and can choose between monthly and yearly interest payments. No money can be withdrawn from the bond until it matures in August 2012. The bonds are available [...]

February 5, 2010 | 0 Comments More
Santander announces new two-year mortgages

Santander announces new two-year mortgages

Santander has launched new two year tracker and fixed rate mortgage products, and has reduced the rate on its five year fixed rate mortgage. The two year mortgages are available to both first time buyers and home-owners at up to 70% loan-to-value (LTV) Interest on the fixed-rate mortgage is 3.44%, while interest on the tracker [...]

February 4, 2010 | 0 Comments More
Clydesdale Bank launches 4.5% one-year bond

Clydesdale Bank launches 4.5% one-year bond

Clydesdale Bank has launched a new one-year fixed-rate bond paying interest at 4.5%. The bond is exclusively available to customers also taking out an AXA investment product with the bank. Savers must invest at least £2,000 in the bond, and the equivalent in an AXA investment product. No withdrawals can be made from the bond. [...]

February 3, 2010 | 1 Comment More
NS&I to encourage savers with new account

NS&I to encourage savers with new account

Government-backed National Savings & Investments (NS&I), which runs Premium Bonds and a variety of savings products, is to launch a new savings account in March with an “attractive” interest rate. The news will be welcomed by savers who have been suffering amid the historically low interest rate environment. The financial crisis led to many British [...]

January 26, 2010 | 0 Comments More
The Nottingham launches 5% regular saver

The Nottingham launches 5% regular saver

The Nottingham has launched a new fixed-rate savings account aimed at customers who want to save “little and often”. The Fixed-Rate Regular Saver pays interest at 5%, and can be opened with a minimum deposit of £10. Savers can set aside up to £100 per month into the account, and are not penalised for missing [...]

January 25, 2010 | 0 Comments More
Santander launches fixed-rate bonds

Santander launches fixed-rate bonds

Santander’s high street banks have launched a range of new fixed-rate bonds paying interest at up to 4.1%. The bonds, available through Abbey, Bradford & Bingley, and Alliance & Leicester, can be opened by new and existing customers with a minimum deposit of £1. The one year bond pays interest at 2.5% gross per annum/AER [...]

January 8, 2010 | 0 Comments More
Amex launches new cashback credit card

Amex launches new cashback credit card

American Express (Amex) has launched a new credit card that rewards spending with shopping vouchers. The Amex Express Rewards Credit Card generates points for the card holder whenever they use the card to pay for goods or services. Accumulated points can be used to pay for items at a wide range of high-street and internet [...]

December 3, 2009 | 0 Comments More
Nationwide’s Stepped Rate Bond ratchets up to 5.25%

Nationwide’s Stepped Rate Bond ratchets up to 5.25%

Nationwide Building Society has launched a new four-year Stepped Rate Bond paying a headline interest rate of 5.25%. Interest rates on the bond increase annually. In year one the bond pays 3.75% gross p.a./AER, 4.25% in year two , 4.75% in year three, and 5.25% in year four. Savers must invest a minimum of £5,000 [...]

November 7, 2009 | 0 Comments More
Leeds launches 5.75% five-year mortgage

Leeds launches 5.75% five-year mortgage

Leeds Building Society has launched a new five-year fixed rate mortgage with an interest rate of 5.75%. The mortgage is available to homeowners with a deposit of at least 15%. Borrowers can make up to 10% capital repayments every year without penalty. Homeowners with a larger deposit can also take advantage of the mortgage, and [...]

October 27, 2009 | 0 Comments More