Moneyfacts pick of the week

• Rate: 4.25% gross / 4.25% AER payable on anniversary / monthly interest option of 4.17% gross / 4.25% AER also available
• Notice / term: None
• Minimum opening amount: £1,000
• Maximum investment amount: £250,000
• Access: Permitted, lower rate of 2.25% gross/AER on anniversary or 2.23% gross / 2.25% AER monthly paid if more than three withdrawals are made per year via a nominated account.
• Further additions: Permitted
• Transfers in: Permitted. Accepts Cash and Stocks and Shares ISAs
• Transfers out: Permitted
• Opening account: Online
• Managing account: Online
• Other information: Minimum applicant age 18. Flexible ISA rules apply.

• Rate: 4.77% fixed until 28 February 2031 before reverting to 6.49%
• APRC: 5.9%
• Product fee: None
• Maximum loan-to-value: 95%
• Available to: House purchase customers
• Incentives: Free valuation and £1,500 cashback for first-time buyers or £350 cashback for second-time buyers
• Flexible features: Allows overpayments
• Lending area: Great Britain and Northern Ireland.

_{Representative example: £200,000 mortgage over 25 years initially at 4.77% fixed for 62 months reverting to 6.49% variable for term. 62 monthly payments of £1142.54 and 238 monthly payments of £1313.72. Total amount payable £383,647.84 includes loan amount, interest of £183,503, valuation fees of £0 and product fees of £0. The overall cost for comparison is 5.9% APRC representative.}

• Rate: 4.84% fixed for five years before reverting to 8.09%
• APRC: 7.2%
• Product fee: £995
• Maximum loan-to-value: 80%
• Available to: Second-time buyers and remortgage customers
• Incentives: £250 cashback for all customers and free valuation for remortgage customers
• Flexible features: Allows overpayments
• Lending area: Great Britain.

_{Representative example: £170,000 mortgage over 25 years initially at 4.84% fixed for 60 months reverting to 8.09% variable for term. 60 monthly payments of £685.67 and 240 monthly payments of £1146.08. Total amount payable £487,409.40 includes loan amount, interest of £316,199, valuation fees of £75 and product fees of £995. The overall cost for comparison is 7.2% APRC representative.}

• Credit interest / reward: None
• Cashback on debit card purchases: None
• Account fee: £18
• Arranged overdraft: 35.90% EAR
• Opening account: Online or in branch
• Managing account: Online, in branch, by phone, via mobile app, by post, at the Post Office and text alerts.
• Other information: Minimum applicant age 18. £100 cashback for accounts switched using the Current Account Switch Service. Must deposit £1K or more, have two or more active direct debits, make at least 10 debit card payments, register for online banking or mobile app and register debit card in a digital wallet within 30 days. Receive £25 per month for up to three months after receiving the £100 switch offer. Must deposit £1K or more, make at least 10 debit card transactions and have two or more direct debits each month. T&Cs apply.

_{Representative example: Based on an overdraft limit of £1200 charged at 35.90% EAR Variable. Representative 35.9% APR variable.}

• Introductory rate for purchases: 0% for three months
• Introductory rate for balance transfers: 0% for 34 months
• Standard rate for purchases: 24.9% APR
• Balance transfer fee: 2.95% as an introductory charge during the first two months from account opening, rising to 5.00% (no min) thereafter
• Card fee: None
• Opening method: Online and in branch
• Card management: By phone, post and via its mobile app
• Other information: Minimum age 18. Enjoy exclusive offers and rewards on the Virgin Red app. Rates dependent on credit rating.

_{Representative example: Based on a credit limit of £1200.00 charged at 24.9% variable per annum for purchases. Representative 24.9% APR variable.}