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    • 2.02%

      • You get an interest rate of 2.02% AER (2% gross per annum variable) paid monthly on your current account balance up to £1,000. If you switch to this account using the deal you’ll start earning this once it’s opened. Then from 1 July, you’ll get an additional 10% gross/10.47% AER (fixed) on balances up to £1,000 until 30 June 2025.
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  2. If it's higher we'll pay interest on the first £1,000 of your balance. We'll add any interest to your account on the last working day of the month. Interest is calculated on a daily basis and paid on the last working day of each calendar quarter.

  3. 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.

  4. The M Plus Account pays interest at 1.00% AER 1 (1.00% gross 2 per annum variable) on credit balances up to £1,000. Interest is calculated on a daily basis 3 and is paid on the last business day of each month. The M Plus Saver pays interest based on the money in your account.

  5. Your statement shows the minimum payment due and amount of interest charged each month. You can also find your interest rates on the 'Your interest explained' section of your statement. There you will see your standard interest rates and any promotional rates, including their expiry date.

  6. 1 day ago · Regular savings: Up to 7% interest if you can save monthly. Children's savings: Earn up to 5.8% on kids' savings. Current accounts: Earn up to 5.12% on smaller sums. What is a savings account? A savings account is simply a place for you to put your money and earn some interest.

  7. Aug 2, 2024 · The Virgin Money regular saver pays 10.38% AER. The rate is fixed until 31 July 2025 so you’re guaranteed to earn this until then. However, on that date the account will also mature, so if you open it in September, for example, you’ll only get 11 months at this rate, and so on.

  8. May 2, 2024 · Virgin Money is paying 10% interest on current account balances up to £1,000 for the next year if you sign up to one of its three current accounts; M, M Plus and Club M. If you meet the offer conditions you’ll start earning the bonus fixed interest rate of 10% gross/10.47% AER (fixed) on balances up to £1,000 from 1 July 2024 to 30 June 2025.

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