Moneyfacts pick of the week

Last updated: 26 June 2026 at 09:15

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.

Propelling itself to the top of easy access account market is the brand-new Easy Access Bonus Rate Summer Saver from Oxbury Bank, available to new customers. Paying interest monthly at 5.01% AER, the deal could be enticing for savers looking to supplement their income. The account does require a minimum of £1,000 to invest but it does allow savers to make unlimited withdrawals while also earning an inflation-busting monthly rate.

As the name suggests, the account carries an introductory bonus until 24 December 2026, and with it currently set at a healthy 1.50% AER, it is important savers ensure the account is still attractive as it sets to expire. Overall, the deal earns an Excellent Moneyfacts product rating and is a Moneyfacts Best Buy.

OakNorth Bank has increased the rate on its Fixed Term Cash ISA this week, which secures a top 10 position in its sector. Paying 4.56% AER, savers can open the ISA with as little as £1 and make further additions within the first 30 days of opening or move money in by a cash ISA transfer.

The prominent position of the deal in the market makes it a fantastic choice for savers who want a guaranteed return on their cash. Those who may need their money back sooner can do so, but earlier access is subject to a 90-day loss of interest penalty, which includes ISA transfers out. OakNorth Bank also allows savers to split their cash ISA savings across multiple ISAs within its range, which is convenient. Overall, the deal earns an Excellent Moneyfacts product rating and is a Moneyfacts Best Buy.

Yorkshire Building Society has cut a selection of fixed rate mortgages in its range this week, including a two-year fixed mortgage at 75% loan-to-value for house purchase customers. Now priced at 4.44% to 30 September 2028, this deal offers borrowers a free valuation incentive and its product fee of £995 can be added to the mortgage advance, ideal for those looking to save on the upfront cost of their deal.

This highly attractive package earns a rightful place within the Moneyfacts Best Buys and secures an Excellent Moneyfacts product rating.

Landlords searching for a new fixed rate mortgage may be enticed by the latest offer from Coventry Building Society. Priced at 4.89% and fixed to 31 December 2031, the deal does not charge a product fee and carries a free valuation incentive, ideal for those looking to keep initial costs down.

Borrowers looking to secure a competitive fixed rate for peace of mind over the next five years may then find it an attractive option. The deal earns an Outstanding Moneyfacts product rating and retains its position as a Moneyfacts Best Buy.