Virgin’s competitive 1yr ISA | Product News - Moneyfacts

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Virgin’s competitive 1yr ISA

Virgin’s competitive 1yr ISA

Category: Savings
Date: 10/06/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Virgin Money has launched a new short-term fixed rate ISA paying a competitive rate of interest.

The basics…

Fixed Rate E-ISA Issue 79 pays 1.55% yearly, with a monthly option paying 1.54%, on a minimum investment of just £1.

The finer details…

The account must be opened and operated online.

Further additions are allowed up to 30 days after opening the account and savers can top up to the new £15,000 limit during July. Transfers in are also accepted as are withdrawals, however this earlier access is subject to a penalty of 60 days' loss of interest.

Why we like it…

Paying an attractive rate of interest and with the ability to access funds early if need be, subject to an interest penalty, this ISA sits comfortably in the Moneyfacts best buys for short-term saving.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the best fixed rate ISAs in our best buy charts

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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