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Easy Access Cash E-ISA

No introductory bonus, just a straightforward rate

Issue 18 – Variable rate

Variable rate of

0.75% AER1

0.75% Tax-free3 P.A.

Notice Easy Access
Account opening Online
Account management Online
Min - max balance £1 - no max
Interest paid Monthly or Annually

There are cash ISAs
and there are Virgin Money cash ISAs

  • This is a flexible ISA
  • You keep all of the interest as there's no tax to pay
  • All our call centres are UK-based and ready to help you
  • You’ll get access to a range of Virgin Group discounts and free membership to our Lounges
  • Your Money award for best direct cash ISA provider two years running
  • Add or withdraw money when you choose to
  • Use our Transfer Service to bring all of your ISAs together

Product documents

Apply for this account

How the account works

You can open an account if you are 16 years of age or over and a UK resident. The account will be an individual account as joint Cash ISAs are not allowed.

You can only subscribe to one Cash ISA, one Stocks and Shares ISA and one Innovative Finance ISA each tax year, up to the combined annual subscription limit of £15,240.

Read the full account guide PDF opens in a new window 

Frequently asked questions

How much can I save each year?

Each tax year, you have a tax-free ISA allowance. You can currently save up to £15,240 this tax year.

You can transfer in any ISAs that you have with other providers too. Transferred ISAs from previous tax years will not count towards your limit of £15,240, but transferred ISAs opened in this tax year will count towards your £15,240 allowance.

Don't forget that this is an annual allowance. If you have an ISA, you can deposit up to the maximum allowance each year, in addition to funds already in your account from previous years.

How do I pay money into this account?

You can add new money to your account with any amount between £1 and £15,240 by

If invalid contributions are made, an ISA may become void and we may need to transfer the money to a non ISA account which may not pay the same interest rate as this Cash ISA.

For FPS, BACS and Standing Order transfers
Sort code 08-60-64
Account number Your account number
For CHAPS transfers
Sort code 08-02-65
Account number 50048407
Reference Your account number and your name
For CHAPS transfers from banks outside the UK
Sort code 40-02-50
Account number 61333372
Reference Virgin Money Account Number and Name

If you do not make any deposits into a Cash E-ISA for a full tax year (break in subscriptions), you are required to agree to the ISA Declaration again before you can add any further money to your account. To do this, simply log in to your account and follow the on screen instructions to agree to the ISA Declaration. Then you will be ready to add more money to your Cash E-ISA.

How do I take money out?

You can withdraw all or part of of your Cash ISA, plus earned interest, whenever you want.

There’s no limit on the number of withdrawals you can make, and the minimum amount you can withdraw is £1.

Simply sign in to Online Service to arrange a transfer to your nominated account. You can take money out by electronic transfer (usually by Faster Payments) or by CHAPS. Please note, there is a charge for CHAPS.

When is the interest paid, and where is it paid to?

  • This account pays a variable rate of interest.
  • Annual interest is paid on 11 March and monthly interest on the last day of each month. If these days aren’t business days, we will pay them the next business day. Any additional interest earned after the last payment date will be added to the capital balance and paid upon closure of the account.
  • If the balance in your account falls below £1, the minimum amount set, our basic savings rate of 0.10% tax-free3 P.A applies.

Interest can be;

  • Added to your Easy Access E-ISA.
  • Transferred into any of our accounts (as long as you can add to the account).
  • into an account with another bank or building society.

What happens if you change your mind?

If you aren't happy with your choice of account within 14 days of depositing your ISA subscription, we'll help you close your account and you'll not lose your right to invest in another Cash ISA or Stocks and Shares ISA or Innovative Finance ISA for that tax year.

If you wish to take advantage of this 14-day rule, you must send your cancellation in writing to:

Savings Operations,
Virgin Money,
Jubilee House,

When you close your account, we will make sure that our reports to HM Revenue & Customs reflect this. If you do cancel your account, the full amount of your investment together with any interest earned, will be returned to you.

Award-winning Cash ISAs

Your Money direct awards 2015

Voted Best Online Cash ISA Provider 2015

If you're looking to take advantage of your tax-free savings allowance, then a Cash ISA could be the perfect place to start.

Read more

Transfer a Cash ISA to us

You can transfer money from any existing ISAs to us. Complete your application first, and then download, complete and sign a Transfer Authority Form. Once completed, return it to us at the address on the form.

Transfer Authority Form PDF opens in a new window   (PDF, 120KB)

Transferred ISAs from previous tax years will not count towards your annual limit of £15,240, but transferred ISAs opened in this tax year will count towards your £15,240 allowance.

Read more about our ISA transfer process Link opens in a new window  

Account details

Minimum age 16
Introductory bonus None
Interest paid Monthly or Annually
Interest type Variable
Withdrawals allowed Yes
Notice period Easy Access
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 PDF opens in a new window for each ISA you wish to transfer and return with your application.

Apply online in three steps

  1. Register as a new customer or sign in if you are an existing customer.
  2. Complete your application. For security reasons, your application will time-out if it’s left for more than 13 minutes.
  3. Get immediate access to your online account. We’ll send you an email to let you know when your new account is open.
Apply for this account