SAINSBURY'S Bank has launched a credit card offering zero per cent interest for 12 months. The card is available until 31 May and also has a low lifetime rate of 5.94 per cent for balances transferred within the first six months. It will not charge a fee for transferred balances.

SAVERS in the northwest have one of the highest balances in their fixed-rate ISAs in the UK. Research by Halifax found that savers in the region have an average balance of é7,631 and are more likely to have a fixed-rate ISA than savers in the Midlands and East Anglia.

LEEDS Building Society is offering an online saving account paying 4.6 per cent interest. It has a minimum deposit of é100 and gives savers unlimited access to their cash without notice or penalty. The maximum deposit is é100,000.

BRITISH motorists will fork out more than é28bn for second hand cars in the next 12 months, 32 per cent, of which will be bought with borrowed money, according to new research by AA Personal Loans. The findings show motorists are likely to pay an average of é14,443 for their next brand new car, and é7,010 for a second hand vehicle.

FIRST Direct has launched a two-year fixed rate mortgage at 4.99 per cent with a maximum loan to value of 95 per cent. At the end of the two year term, borrowers will switch to First Direct's standard variable rate, currently 5.50 per cent.

OFFSHORE savings bank Alliance & Leicester International has increased the interest rate paid on its Euro Savings account by 0.25 per cent to 2.65 per cent. The rise follows the decision by the European Central Bank in March to increase the official Euro rate.

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