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Virgin Money launches two new savings accounts

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Virgin Money has launched a new Virgin Fixed Rate Bond and a Virgin Fixed Rate Cash Individual Savings Account (ISA).

The Virgin Fixed Rate Bond pays savers a fixed rate of 3.00% for one year and 3.30% for three years.

The Virgin Fixed Rate Cash ISA also offers 3.00% for one year and 3.30% for three years.

Both accounts are available in Northern Rock branches, online, by post and over the telephone. Interest rates are the same however customers choose to access them, and ISA customers receive the same rates as those with a non-ISA account.

Pete Wood, head of savings products said:

“We saw a great response from customers to the first Virgin Money savings accounts we launched in January. Following this I am delighted to announce the addition of a new fixed rate bond and a fixed rate cash ISA account to our range. These products are designed to be simple, fair and transparent.”

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