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  1. uk.virginmoney.com › current-accounts › pcaCurrent Account Interest Rates, Fees & Charges - Virgin Money UK

    We work out how much interest to pay you at the end of each day. This is based on the money in your account. If your balance is £1,000 or less, we'll pay interest on the whole balance. If it's higher we'll pay interest on the first £1,000 of your balance.

  2. uk.virginmoney.com › interest-calculationsInterest calculations | Existing Customers - Virgin Money UK

    What happens if I make additional transactions? When do I earn interest on a deposit? What about when I make withdrawals? Helpful information for savers about interest calculations. Find out how we calculate your interest, when interest is earned and when it is paid.

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  4. uk.virginmoney.com › rates-fees-chargesClub M Account Rates and Fee Information | Virgin Money UK

    Gross rate interest is the interest payable without taking account of any tax payable. If you earn interest over your Personal Savings Allowance you will be required to pay any tax due yourself directly to HM Revenue and Customs.

  5. www.which.co.uk › news › articleNew savings account offers over 10% AER - what's the catch?

    Aug 7, 2024 · What does Virgin Money's regular saver offer? The Regular Saver Exclusive boasts an interest rate of 10.38% AER - five times the current 2% rate of inflation. The rate is fixed until 31 July 2025, with interest paid quarterly. However, there are a lot of terms you'll need to stick to.

  6. www.virginmoneyukplc.com › newsroom › articleVirgin Money launches new current account switching offer ...

    May 1, 2024 · From today, Virgin Money’s new current account offer gives switchers to all three current accounts – the Virgin Money M Account, M Plus Account and Club M Account – a bonus interest rate of 10% gross/10.47% AER (fixed) on current account balances up to £1,000 for a whole year from 1st July 2024 to 30th June 2025. Eligibility criteria apply.

  7. www.which.co.uk › news › articleVirgin Money current account - is it any good? - Which? News

    Dec 21, 2019 · Most banks don't pay any interest at all on current account balances, so even though 0.5% may sound small (it's 1% below inflation), it's actually more than the majority of accounts. That said, there are other bank accounts with higher current account interest rates. The table below has the comparison. Account.

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  9. www.express.co.uk › finance › personalfinanceVirgin Money is offering customers 2.02 percent interest rate

    Jun 4, 2021 · The Virgin Money M Plus Account currently pays 2.02 percent AER (two percent gross per annum variable) on certain amounts. This on balances up to £1,000, and the interest is paid monthly.