Check out this week’s best new financial deals

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Savings

Charter Savings Bank has launched a 100-day notice account paying a variable rate of 1.85% on its anniversary. Savers can invest between £1,000 and £250,000. Additions are permitted and an unlimited number of withdrawals can be made, provided 100 days’ notice is given. This deal is for savers aged 18 and over and must be operated online.

It’s good because: Charter has set the market on fire with this highly competitive account. Sitting in the best-buys, this is a great choice for savers looking for a straightforward account.

 

Milestone Savings has increased the rate on its five-year fixed-rate bond, which now pays 3.2% on its anniversary. Savers can invest between £10,000 and £1m. Additions and early access to funds are not allowed. This deal is for savers aged 18 and over and can be operated by post, by phone and online. This account is Sharia-compliant, and the rate displayed is the expected profit rate.

It’s good because: This deal enters goes to the top of the best-buy tables.

 

Mortgages

Woolwich from Barclays has reduced the rate of its 10-year fixed-rate mortgage, which is now priced at 2.99% until March 2026. This deal is for all successful applicants who borrow between £5,000 and £1m at 80% loan-to-value (LTV). There is a fee of £999, which can be added to the mortgage advance. An incentive package for those remortgaging of a free valuation and free legal fees is available. There is the flexibility of being able to make overpayments of up to 5%.

It’s good because: Borrowers looking for a long-term deal might be pleasantly surprised by this offer, which is highly competitive and has good incentives for remortgage customers.

 

Leeds Building Society has launched a two-year fixed-rate mortgage, priced at 2.99% until the end of April 2018. It is available to successful applicants who borrow at up to 90% LTV. There is a fee of £199, which can be added to the advance. An incentive package of a free valuation (worth up to £999) for all borrowers and help towards costs for remortgage customers is available. Overpayments of up to 10% of the outstanding balance are allowed.

It’s good because: This is reasonably priced in the market and has a low fee and a great incentives package.

 

Credit cards

Halifax has temporarily increased the 0% interest balance-transfer term on its Balance Transfer Mastercard. It now has a 40-month interest-free term for balance transfers with a fee of 2.95% (after a partial refund). Borrowers must be at least 18 years old and applications must be made online. This offer lasts until February 15.

It’s good because: With many looking to get their finances in order for the start of the new year, it is great to see a highly competitive balance-transfer deal up for grabs. This deal sits comfortably at the top of the best-buys.