CREDIT CARD

Fluid, issued by MBNA, has introduced a new 0% balance transfer credit card. The 0% offer applies for 22 months on both balance transfers as well money transfers.

In addition to the low 0.75% fee, the Fluid card comes with a 12 month interest free period on balances transferred within the first 60 days.

This means that a balance of £1,000 would cost you £7.50. The card also comes with three months of no interest on purchases. Interest charge after the bonus period is 18.9%.

MORTGAGES

Clydesdale and Yorkshire Banks have cut mortgage rates to 4.99% on their first-time buyer 95% LTV direct-only mortgages, in the first signs Help to Buy is driving down rates at 95% LTV.

Both brands are also introducing a new Loan-to-Value (LTV) tier at 90%, priced at 3.99%.

SAVINGS

Virgin Money has launched a new range of fixed rate savings accounts.

The new products include fixed rate savings bonds and cash ISAs that pay up to 2.75%.

The new savings bonds include a rate of 1.75% for a one-year fixed rate bond, 2.20% for its three-year fixed rate savings bond and 2.75% for its five-year bond.