Moneyfacts pick of the week

• Rate: 5.14% gross / 5.14% AER, payable on maturity / monthly interest option of 5.02% gross / 5.14% AER also available
• Notice / term: One year
• Minimum opening amount: £1,000
• Maximum investment amount: £1 million
• Access: Not permitted
• Further additions: Permitted for 14 days from account opening via nominated account
• Opening account: Online
• Managing account: Online
• Other information: Minimum applicant age 18.
  
  

• Rate: 4.63% gross / 4.73% AER, payable monthly
• Notice / term: 12 months
• Minimum opening amount: £1
• Maximum investment amount: ISA allowance
• Access: Permitted, subject to 90 days’ loss of interest penalty
• Further additions: Permitted for 30 days from account opening
• Transfers in: Permitted for 30 days from account opening. Accepts Cash ISAs
• Transfers out: Permitted, subject to 90 days’ loss of interest penalty
• Opening account: Online and via its mobile app
• Managing account: Online and via its mobile app
• Other information: Minimum applicant age 18. Account must be funded within 30 days of account approval or it will be closed.

• Rate: 4.60% gross / 4.60% AER payable yearly
• Notice / term: 30 June 2026
• Minimum opening amount: £500
• Maximum investment amount: ISA allowance
• Access: Permitted, subject to transfers out only on 180-day loss of interest penalty
• Further additions: Permitted, whilst issue remains open
• Transfers in: Permitted whilst issue remains open. Accepts Cash ISAs
• Transfers out: Permitted, subject to 180-day loss of interest penalty
• Opening account: Online and via mobile app
• Managing account: Online and via mobile app
• Other information: Minimum applicant age 18.

• Rate: 4.55% gross / 4.55% AER payable on maturity
• Notice / term: Five years
• Minimum opening amount: £1,000
• Maximum investment amount: £85,000
• Access: Not permitted
• Further additions: Not permitted
• Opening account: Online, via the Raisin UK platform and via mobile app
• Managing account: Online and via mobile app
• Other information: Minimum applicant age 18.

• Rate: 4.89% fixed rate for two years, reverting to 8.74%
• APRC: 8.2%
• Product fee: None
• Maximum loan-to-value: 60%
• Available to: House purchase customers
• Incentives: Free valuation
• Flexible features: Allows overpayments
• Lending area: England and Wales. Available through selected intermediaries.

_{Representative example: £218,000 mortgage over 25 years initially at 4.89% fixed for 24 months reverting to 8.74% variable for term. 24 monthly payments of £1260.47 and 276 monthly payments of £1756.62. Total amount payable £515,128.40 includes loan amount, interest of £297,078, valuation fees of £0 and product fees of £0. The overall cost for comparison is 8.2% APRC representative.}

• Rate: 5.64% variable tracker rate (BBR + 0.39%) for two years, reverting to 7.50%
• APRC: 
• Product fee: £1,999
• Maximum loan-to-value: 75%
• Available to: Second-time buyers and remortgage customers
• Incentives: Free valuation for all borrowers and free legal fees or £250 cashback for those remortgaging
• Flexible features: Allows overpayments
• Lending area: Great Britain, Northern Ireland. Available through selected intermediaries.

_{Representative example: £140,625 mortgage over 25 years initially at a tracker rate of 5.64% variable for 24 months reverting to 7.50% variable for term. 24 monthly payments of £660.94 and 276 monthly payments of £878.91. Total amount payable £401,340.72 includes loan amount, interest of £258,442, valuation fees of £0 and product fees of £1999. The overall cost for comparison is 7.6% APRC representative.}

• Credit interest / reward: 3.45% gross interest on balances up to £25,000
• Cashback on debit card purchases: 1% cashback on debit card spend at transport and grocery merchants. Capped at £15 per month.
• Account fee: £5 per month
• Arranged overdraft: 39.94% EAR, plus interest-free for four months on switched current accounts
• Opening account: Online, in branch
• Managing account: Online, in branch, by post, via mobile app, at the Post Office, and via text alerts
• Other information: Minimum applicant age 18. £175 cashback for accounts switched when two direct debits are set up, £1,500 paid in and logged into online or mobile banking within 60 days of switching using the Current Account Switch Service. Exclusive offers available, sign up for Santander Boosts to receive cashback, vouchers, offers and prize draws from selected retailers. Customer must be signed up to online and mobile banking to qualify.

_{Representative example: Based on an overdraft limit of £1200 charged at 39.94% EAR Variable. Representative 39.9% APR variable.}