Virgin Money Help to Buy Isa (Issue 4) - Virgin Money

Virgin Money Help to Buy Isa (Issue 4)

Virgin Money
2.25 % AER
Headline Interest Rate
FSCS
Compensation Scheme
Up to £ 1,000 initial lump sum
Up to £ 200 per month
  • Open By:
High interest rate
Must be a first-time buyer

About the account

Headline Interest Rate: 2.25 % AER
Headline Interest Balance: £ 1
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Transfers In: Transfers are accepted from other ISA providers, subject to initial deposit rules. This can only be from another Help to Buy ISA product.
Minimum Initial Deposit: £ 1
Date account was introduced: 30 Nov 2017

This account may be appropriate for you if

  • You qualify for a Help to Buy ISA
  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£12.25%2.25%2.25%

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: Array, monthly
Minimum Balance: £ 1
Maximum Balance: £ 2,000,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: Instant access available, but if a withdrawal is made then no bonus can be claimed from the Government, in respect of these funds.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: No notice, penalty or charge is required for withdrawals
Free Withdrawal Conditions: No notice, penalty or charge is required for withdrawals
Minimum balance for instant access withdrawals 1

Conditions

Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse
Restricted Availability: This products is only available to First Time Buyers.

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