Moneyfacts pick of the week

Last updated: 2 April 2026 at 14:35

The Moneyfactscompare.co.uk Pick of the Week showcases the best of the latest products or rate changes to hit the consumer finance market, ranging from mortgages to savings accounts. This week I've analysed the following deals, along with their perks.

This week Plum has increased the rate on its Plum Cash ISA for new money only, maintaining its position as the market-leader when compared to its peers. The account pays 4.57% AER, and savers can invest as little as £1. However, as is the case with many flexible ISAs, savers should note the generous 2.03% AER bonus rate which expires after 12 months, so it’s crucial they review the deal once this expires.

This account may be best suited for savers who may need to dip into their deposits frequently as they have unlimited withdrawals without penalty. Investors who wish to transfer into this account should note that they will receive a lower headline rate of 4.07% AER. Overall, this deal takes a position as a Moneyfacts ‘Best Buy’ and earns an Excellent Moneyfacts product rating.

MBNA has increased the rate on its Fixed Saver 1 Year. The boost improves its appeal when compared to other fixed rate bonds with similar terms and now pays an attractive 4.52%. This account may entice those looking to receive guaranteed returns over the next year.

Savers will need to deposit at least £1,000 but, adding to its appeal, further additions are permitted for 14 days from account opening via a nominated account. As is common with fixed bonds, savers must be comfortable locking away their cash as no earlier access is permitted, so careful planning is a must. Overall, this deal earns an Excellent Moneyfacts product rating.

Hinckley & Rugby Building Society has added a few two-year discounted variable rate products for remortgage customers to its range. The deal is now priced at 4.34%, with a 2.55% discount, for borrowers with a 25% share. This may be a tempting option for borrowers as the initial pay rate is lower compared to equivalent fixed rate deals, however, as it’s variable this can quickly change and so should be carefully considered.

Adding to its appeal, remortgage customers can benefit from a £250 cashback incentive which can help offset some of the already reasonable £800 product fee. Another thing borrowers will need to consider is this deal has a maximum borrowing limit of up to £500,000. On assessment, the deal earns an Outstanding Moneyfacts product rating.

The latest change from NatWest sees it increase rates for landlords by 0.28%. One deal to see the rise is the two-year fixed rate at 60% loan-to-value for house purchase customers.

The deal now charges 5.21% until 30 June 2028, however, this may still be an enticing option for landlords looking to minimise costs as there are no payable fees and it includes a free valuation incentive. However, this deal is only available online which some may want to consider. When assessed as a whole, this product remains at the top of its sector despite the rise and earns an Outstanding Moneyfacts product rating.