Virgin Money launches 3-year fixed ISA
Virgin Money has today launched two new saving accounts, a 3-year fixed rate ISA and a 3-year fixed rate bond.
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The 3-year fixed rate ISA available at 2.25% tax-free/AER and the 3-year fixed rate bond is also available at 2.25% annual gross/AER.
The ISA accepts transfers-in from existing ISAs and additional deposits are accepted for 30 days following account opening.
Zack Hocking, Head of Savings at Virgin Money, said:
“Our new 3 year saving products offer good value and choice to customers who are looking for a consistent, higher rate of interest, if they invest their funds for a longer period. They offer customers the same competitive rates for ISAs and fixed rate bonds, giving ISA savers the full benefit of their tax-free allowance.”
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