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Account overview

Virgin Fixed Rate Cash ISA (Issue 12)

Our Virgin Fixed Rate Cash ISA offers tax-free savings with a fixed interest rate throughout the term of the account. You can only subscribe to one Cash ISA per tax year, up to the current subscription limit of £5,640 in this current tax year 2012/13. Transfers from existing Cash ISAs are allowed. Learn more about Cash ISAs

The Virgin Fixed Rate Cash ISA is provided by Northern Rock. Any deposits made into this account are covered by the Financial Services Compensation Scheme (FSCS) up to £85,000 across all the eligible depositor's accounts with Northern Rock plc. For further information about the scheme refer to the FSCS website www.fscs.org.uk.
 
Ways to apply

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Rate
3.30% AER1 3.30% Tax-free3 P.A.
Term/Notice
Fixed until 15th May 2015
Access
Branch Postal
Minimum balance
£1
Maximum balance
£2,000,000

Account details

Minimum age
16
Introductory bonus
None
Interest paid
Monthly or Annually
Interest type
Fixed
Withdrawals allowed
Yes, subject to a charge of 120 days' loss of interest
Notice period
No notice
Minimum balance
£1
Minimum withdrawals
£1
Minimum additional deposits
£1
Strictly limited issue
Yes
Transfers allowed
Yes, to transfer your ISA simply complete a Transfer Authority Form for each ISA you wish to transfer and return with your application.

See how much your money could grow with our Cash ISA calculator

ISA Calculator
ISA Transferring Funds
£

Subscriptions made during the current tax year must be transferred in full.

£

You can currently save a maximum of £5,640 in a tax year.

ISA Not Transferring
£

Minimum £1 Maximum £5,640 in a tax year

Estimated growth over 3 years...

You can choose to have your interest paid monthly or annually with this ISA.

Estimated interest  
Estimated total amount  
Estimated interest  
Estimated total amount  

Important notes:

  • Please note the figures provided are for illustrative purposes only and are not guaranteed.
  • The interest paid is tax-free.
  • The illustration is calculated over the full term of the account and is based on the current rate for this Fixed Rate Cash ISA providing you deposit this amount and no withdrawals are made. For further details, please take a look at the Key Product Information
 

Cash ISAs are a great way to make the most of your savings . However, we understand that not everyone knows what a Cash ISA is or how to make the most of their annual tax-free allowance.

To help, we've pulled together this straightforward video guide to give you all the information you'll need to understand what a Cash ISA is, how it works and which one may be best for you.


Ready to apply?

Great, let’s get the ball rolling. Take a look at the ways you can apply for this savings account.

Ways to apply

Virgin Money is a trading name of Northern Rock plc. This account is a Northern Rock product and so your deposit will be held with Northern Rock plc. For further information about the Financial Services Compensation Scheme (FSCS), please refer to the Key product information sheet or contact us on 0845 600 4575*.