Virgin Money Five Year Fixed Rate Cash Isa - Virgin Money

Virgin Money Five Year Fixed Rate Cash Isa

Virgin Money
2.15 % AER
Headline Interest Rate
Fixed
Until 15 Sep 2022
FSCS
Compensation Scheme
£ 1 min initial deposit
£ 2,000,000 max balance
  • Open By:
High interest rate
Money is locked away for five years

About the account

Account Type: Fixed Term
Headline Interest Rate: 2.15 % AER
Headline Interest Balance: £ 1
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Transfers In: Transfers in from other Cash ISA Providers are permitted within 30 days of account opening.
Minimum Initial Deposit: £ 1
Date account was introduced: 23 Aug 2017

This account may be appropriate for you if

  • You haven't already opened a Cash ISA this year
  • You are happy not accessing your money until 15 Sep 2022
  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£12.15%2.15%2.15%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: annually, monthly
Minimum Balance: £ 1
Maximum Balance: £ 2,000,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: Withdrawals or closure are subject to 180 days loss of interest on the amount withdrawn.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: Withdrawals are subject to a charge equivalent to 180 days loss of interest on amount withdrawn.
Free Withdrawal Conditions: Withdrawals are subject to 180 days loss of interest on the amount withdrawn.
Transferred on Maturity: Upon maturity the remaining capital will be transferred to the prevailing variable rate ISA.

Conditions

Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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