Virgin’s competitive bonds and ISAs | Product News - Moneyfacts

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Virgin’s competitive bonds and ISAs

Virgin’s competitive bonds and ISAs

Category: Savings
Date: 27/06/2014

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 It is now over 6 months old so the content may be out of date.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 increased rates on a range of its bonds and ISAs by up to 0.25% and it sees them well placed in the Moneyfacts best buys.

The basics…

The standout products are the one and five-year options which are paying 1.76% and 3.00% yearly, respectively. A slightly reduced monthly option is available for those that would like to supplement their income. These rates are available on both the bonds and the ISAs.

The finer details…

All the accounts must be opened and operated online and require a minimum investment of just £1.

The bonds allow further additions while the issue remains open but do not allow any earlier access.

The ISAs allow transfers in and further additions can be made up to 30 days after opening the account. Savers will also be able to top up to the new £15,000 limit during July. Withdrawals and earlier access is also permitted subject to a penalty of either 60 or 180 days' loss of interest depending on the term taken.

Why we like them…

These rates make both the bonds and ISAs from Virgin extremely competitive and customers can select the product and term that suits their needs.

Four Moneyfacts Stars have been awarded.

What next?

Compare Cash ISA rates.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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