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Easy Access E-Saver

Your savings at your finger tips 24/7

Issue 28 – Variable rate

Variable rate of

0.50% AER1

0.50% Gross2 P.A.

Notice Easy Access
Account opening Online
Account management Online
Min - max balance £1 - £250,000
Interest paid Monthly or Annually

There are savings
and there are Virgin Money savings

  • No short term bonus rates that soon disappear. So you don't have to keep moving your money around
  • A straightforward savings account, with access to your money
  • Add or withdraw money when you choose to
  • Start saving from just £1
  • 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

Product documents

Apply for this account

Frequently asked questions

How do I pay money into this account?

You can add money to this account by:

  • Transferring money electronically to us by BACS, CHAPS, FPS or Standing Order.
  • Sending a cheque with a transaction slip PDF opens in a new window (PDF, 116KB) to our Main Office – please make the cheque payable to "Virgin Money plc for the account of [insert account holder’s name(s)]" and crossed "A/c Payee only". Please also quote your account number on the reverse.
  • Visiting your local Store Link opens in a new window** to make a cash or cheque deposit
  • Transferring money from another Virgin Money account either by requesting a transfer online, sending a transaction slip PDF opens in a new window (PDF, 116KB) to our Main Office or visiting your local Store Link opens in a new window** with ID and passbook (as long as you can withdraw from the account)
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 Customers Virgin Money Account Number and Name

How do I take money out?

  • You can have no notice access to your money.
  • There are no limits on the amount of withdrawals.
  • The minimum amount you can withdraw is £1 (or less if closing).

Simply log on to your account and arrange to transfer money to your nominated account or to another of our accounts (subject to the terms and conditions of that account).

You can take money out by:

  • Electronic transfer – If possible, we will make your payment by FPS and we will debit your account either on the same day, or any future date. The payment should reach your nominated account within a few hours but no later than the end of the next business day.
  • If you request a CHAPS withdrawal and we receive your authority and full instructions before 4pm on a business day, the money should be credited to your bank or building society account the same day. Please note, CHAPS is a chargeable service, please refer to charges for details.

On occasion we may need to verify your identity in order to carry out any instructions you may have given us. Keeping your contact details up to date will help avoid delay.

Will I incur any charges with this account?

There are charges for some standard services that we make available to you. These are detailed below:

Service Charge
CHAPS Minimum withdrawal £250 £30 per transfer
Copy cheque £5 per cheque
Copy statement £10 per statement

We may also make a reasonable charge for any non-standard services which we make available to you on a discretionary basis. If you request such a service, we will tell you the amount of our charges before we act on your instructions.

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

  • This account pays a variable rate of interest.
  • You can choose when and how to have your interest paid. Interest can be paid monthly to supplement your income or yearly as a lump sum – it’s entirely up to you.
  • Annual interest is paid on 11 March and available on the next business day. Monthly interest is paid on the 10th of each month and is available on the next business day.
  • If the balance in your account falls below £1, the minimum balance, our basic savings rate of 0.10% Gross2 P.A applies.

Interest can be;

  • Added to your account.
  • Transferred into any Virgin Money account (as long as you can add to the account).
  • Paid into an account with another bank or building society.

What happens if I change my mind?

If you are not happy with your choice of account within 14 days of opening it, we will help you switch accounts.

If you wish to take advantage of this 14 day cancellation period please contact our Main Office at:

Savings Operations,
Virgin Money,
Jubilee House,

Or visit your local Virgin Money Store to cancel your account. If you do cancel your account the full amount of your investment, together with any interest earned in accordance with your account details will be returned to you.

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

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