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25th
Oct 2013
/

Virgin Money Launches New Range of Fixed Rate Cash ISAs

Virgin Money is launching a new range of fixed rate cash ISAs offering up to 2.75% gross/AER fixed.

The new cash ISA products include a 1 year fixed rate cash ISA offering a rate of 1.85%, a 2 year rate of 2.20% and a 5 year rate of 2.75%. These accounts accept transfers in from existing ISAs.

While the accounts are fixed rate, account holders do have the option to make withdrawals during the term subject to a charge. This amounts to 60 days loss of interest for the one-year product, 120 days for the three-year product and 180 days for the five-year product.

Compare fixed rate cash ISAs.

AER - Stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. (As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time)

Cash ISAs

ISAs are a tax-advantageous way to save or invest, check out some of the ISA options below

ISAs Products

Fund ISAs

There are a range of types of fund ISA

Fund ISAs: 

Stocks & Shares ISAs

Types of Stocks and Shares ISA include: 

Stocks and Shares ISAs

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