Regular Saver Issue 14 - Virgin Money

Regular Saver Issue 14

Virgin Money
3 % AER
Headline Interest Rate
Regular Saver
FSCS
Compensation Scheme
£ 0 min monthly deposit
£ 250 max monthly deposit
  • Open By:

About the account

Account Type: Regular Saver
Headline Interest Rate: 3 % AER
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 1
Minimum Additional Deposit: £ 1
Maximum Monthly Deposit: £ 250
Date account was introduced: 10 Dec 2018

This account may be appropriate for you if

  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£13.00%3.00%3.00%

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
Statement Frequency: on-line
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Minimum Withdrawal: £ 1
Notice and Penalty Charge: There is no notice, penalty or charge to make a withdrawal.
Free Withdrawal Conditions: All withdrawals are free of notice, penalty or charge.
Minimum balance for instant access withdrawals 1
Transferred on Maturity: At the end of the fixed rate period this account will become a variable rate account. Virgin Money will write to the account holder, before maturity, to let them know the options available to them, as well as confirming the interest rate currently payable on the variable rate account.

Conditions

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

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