Virgin Money new launched fixed rate savings account
Virgin Money has launched a new range of fixed rate cash ISAs and a range of fixed rate cash bonds.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
Fixed Rate ISAs
The new Virgin fixed rate cash ISAs offer customers a fixed rate of 2.20% tax-free/AER for one year, 2.40% tax-free/AER for three years and 3.00% tax-free/AER for five years.
The new accounts accept transfers from existing cash ISAs, and customers can withdraw funds during the fixed rate period subject to a charge equivalent to 60 days loss of interest for the 1 year product, 120 days for the 3 year product and 180 days for the 5 year product.
Fixed Rate Bonds
The new Virgin fixed rate bonds offer customers a guaranteed rate of 1.75% gross/AER for one year, 2.40% gross/AER for three years and 3.00% gross/AER for five years. Bonds can be opened with just £1, and additional deposits are accepted for as long as the bonds remain available to new customers.
Withdrawals are not permitted during the fixed rate period.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Blogs
Mark Eaton: Is 2026 the year brokers die out?
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Vida
Vida launches high LTV 'Pathway' mortgage range
FCA
Tribunal upholds £2m FCA fine for 'corrupt and dishonest adviser'
