Moneyfacts pick of the week

Last updated: 27 March 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.

This week, Chetwood Bank has increased the rate on a selection of its Fixed Rate Savings Accounts. The five-year option is one that fares best and now pays a market-leading 4.55%. This deal may be ideal for savers who are looking to guarantee their returns in the long-term.

Savers will need to invest at least £1,000, however, there are no maximum limits, and further additions are permitted for 14 days from account opening which may add to its appeal and entice those with significant balances. As is the case with many fixed bonds, withdrawals are not permitted, so consumers should be prepared to lock away their cash for the full term. On assessment, this account receives an Excellent Moneyfacts product rating.

Close Brothers Savings has increased the rates on its range of Fixed Rate Cash ISAs this week. The one-year option now pays an attractive 4.36% and takes a competitive position in the top tables. 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.

While earlier access is permitted, investors should consider access carefully as they will be hit with a 90-day loss of interest penalty and closure of the account. Overall, this may be an enticing option for savers wanting to maximise and guarantee their tax-free savings for the 2026/27 year. On assessment, the deal earns an Excellent Moneyfacts product rating.

The latest update from Sidekick sees it re-tier, increase the rate and add a bonus to its Sidekick Easy Access 7 account. The deal takes a competitive position in the top tables and now pays an attractive 4.17% AER on balances starting from £5,000, and this includes a generous 0.60% bonus, but savers should review their rate once this expires.

Additionally, those with larger balances may wish to note that the rate drops to 3.57% AER from £60,000. This deal may appeal to those who may need to dip into their pots regularly as the account permits unlimited withdrawals with no penalty. Overall, the deal earns an Excellent Moneyfacts product rating.

This week Barclays Mortgage increased all its buy-to-let fixed rates by 0.55%, including its five-year fixed rate deal at 75% loan-to-value. The deal is now priced at 4.70% until 30 June 2031. Despite the notable hike, when assessed as a whole it takes a competitive position in the Best Buy tables.

To add to the deal’s appeal, there is a free valuation incentive which can help reduce initial costs and partially offsets the £1,295 product fee. On assessment, the deal maintains its position in the top tables and earns an Excellent Moneyfacts product rating.