Published: 02/06/2009

There's no getting away from the fact that the recession has hit many of us where it hurts, in the wallet!

But even though some of the banks and building societies are offering credit cards, savings, current accounts and insurance deals that are pretty run of the mill, there are still some top notch products out there that are a cut above the rest.

So, if you're looking to knock your finances into shape and get a few more pounds in your pocket, it certainly helps if you have some of the most competitive financial products to help you along the way.

For example the Virgin Credit Card offers 0% on balance transfers for a table topping 16 months. As well as being the longest interest free balance transfer card on the market, it also offers the flexibility to allow the balance transfer to be paid into your current account, enabling you to repay expensive overdrafts and loans as well as other credit and store cards.

Once you've got your credit card sorted, maybe it's time to turn your attention to your current account. If you're one of the many people still remaining loyal to the account you opened when you left school or started your first job, it's time to start looking after number one and open an account that gives you something in return.

If this sounds like you, check out the multi award winning Alliance & Leicester Premier Direct account where you get credit interest of 5% AER and a 0% overdraft for the first 12 months - how does your existing current account compare?

Whilst we're on the subject of borrowing money, interest rates on personal loans have increased by around 2% since the onset of the credit crunch with the average rate now standing at over 12.1% APR.

However it's not all bad news, for example you can still borrow money from as low as 8.1% APR typical with Sainsbury's Bank where a loan of £5,000 over three years will cost you just £158.41 per month.

If you're not in a position where you need to borrow money at the moment, don't worry, you can still improve your finances by switching your savings for a great rate.

The HiSAVE accounts from ICICI Bank UK are currently offering the highest paying account for a one year bond, fixed at an excellent 4% for a full 12 months. If you're happy to put your money away for a little longer, you can get a best buy 4.35% for a 2 year deposit. The provider is covered by the Financial Services Compensation Scheme so the first £50,000 of any savings is protected, just as it is with any of the UK high street banks. You only need £1,000 to open an account with ICICI Bank UK, click here today to find out more and get the interest rate that you deserve.

If your buildings and contents insurance is due for renewal in the next couple of months, you can 'clean up' in more ways than one. With the latest promotion from Tesco Home Insurance, not only will you receive 35% off your premium by applying online, but if you are one of the millions of Tesco club card holders you will also receive a Karcher pressure washer worth £100 if you obtain a quote and buy your policy by 22nd July.

Whilst it will take a little bit of effort on your part and a few minutes of your time, the financial rewards are not to be sniffed at. You've worked hard enough for your money, so isn't it time that you made it work equally hard for you?

Compare Credit Cards>>>
Compare Savings Accounts>>>
Compare Personal Loans>>>