Moneyfacts pick of the week

Last updated: 5 February 2026 at 08:30

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.

Virgin Money has launched a new Regular Saver Exclusive account this week, which pays an inflation-busting 6.50% until 26 February 2027. The account grabs a prominent position when compared against its peers and may attract savers who want to build a savings habit.

Savers can deposit up to a maximum of £250 each month. There are no restrictions on the number of withdrawals, meaning this may be an attractive option for savers who are looking for flexibility. Overall, this receives an Excellent Moneyfacts product rating.

Close Brothers Savings has increased the rates across its range of Fixed Rate Cash ISAs. The five-year option takes the market-leading position and now pays an attractive 4.21%. Savers will need to deposit at least £10,000 but further additions are permitted for 10 days from the account opening which may be a bonus for some.

Although earlier access is permitted, savers should consider any withdrawals carefully as they will be hit with 365 days’ loss of interest and the closure of the account. This deal may be an enticing option for those looking to make the most of their tax-free savings over the next five years. Overall, the deal earns an Excellent Moneyfacts product rating.

HSBC has refreshed its mortgage range with increases across selected products. The two-year deal at 90% loan-to-value has seen a small 0.05% jump to 4.24% until 31 May 2028. Despite the rise, the deal maintains its position at the top of its sector and remains a competitive option for borrowers with smaller deposits.

Alongside the headline rate, the offer does not carry any arrangement fees, and it also has a generous incentive package which includes a free valuation and £250 cashback which is sure to add to its appeal. On assessment this offering earns an Excellent Moneyfacts product rating.