10% Interest Savings Account

That's right, 10%!!!

We’re excited to inform you about a new savings opportunity from Virgin Money! Their Regular Saver Exclusive Issue 1 account offers an impressive interest rate of 10% (still not over this!), making it an attractive option for those looking to grow their savings. Here are the key details:

Account Name:

Regular Saver Exclusive Issue 1

Interest Rate:

• Gross Rate: 10.00%
• AER: 10.38%
• Maturity Date: 31 July 2025

Key Features:

• You can deposit up to £250 each calendar month and earn interest on this amount.
• The interest is calculated daily and added quarterly.
• The interest rate is fixed until the maturity date, providing a stable return.
• After 12 months, with a maximum monthly deposit, your projected balance could be £3,162.40.

Eligibility:

• Open to UK residents aged 16 or over.
• Must have a current account with Virgin Money opened on or after 4 December 2019, or a qualifying account from Clydesdale Bank or Yorkshire Bank.

How to Open:

• You can open this account online or in a Virgin Money store.
• Those aged 16 or 17 can only open an account in-store.

Managing the Account:

• Manage your account through internet and mobile banking, by phone, or in-store.
• Deposits can be made via bank transfer, cash, or cheque.

Additional Information:

• This is a 12-month fixed-term account.
• Withdrawals are allowed at any time.
• After the fixed term ends, the account will convert to a variable rate Everyday Saver account.

This is a fantastic opportunity to maximise your savings with a high-interest rate. For more details and to apply, visit Virgin Money’s website or your nearest Virgin Money store. Happy saving!