Virgin ISAs

Clued up about ISAs? We explain how they work in three minutes

Watch the Three minute money video

This tax year 2015/2016 you can save up to £15,240 in an ISA.

ISAs are tax friendly and therefore increase the returns on your savings. You can either save in a cash ISA, or invest in a stocks and shares ISA.

Got an ISA to transfer?

It couldn’t be easier with the Virgin ISA Transfer Service. We do all the hard work for you so you have convenience of all your tax-free savings under one roof.

You can transfer ISAs you have elsewhere into any of our ISAs, so you can make the most of your savings.

Enjoy exclusive Virgin group discounts when you open one of our ISAs

  • Virgin Holidays

    5% off

  • Virgin Trains

    10% off
    selected Advance fares

  • Virgin Experience Days

    20% off
    selected experiences

  • Virgin Wines

    £50 voucher
    when you spend £97.88

  • Virgin Active

    1 month free
    when you sign up for 12

  • Virgin Media

    Exclusive discounts

Our products

Your Money logo - Stocks & Shares 2015

Award winning Stocks and Shares ISA

Voted Best Direct Stocks & Shares ISA Provider 2015

If you are looking for a higher potential return than a savings account, are willing to accept that your money is at greater risk and are prepared to invest for at least five years, a stocks and shares ISA could be the right choice for you.

  • Six funds to choose from.
  • Our passively managed funds have an annual ongoing charge of 1% of the value of your fund.
  • Our actively managed fund has an annual ongoing charge of 1.87% of the value of your fund. There may also be a performance related fee if the fund outperforms the benchmarks set.
  • You won't pay any tax on any growth in value or income you receive from your investment.

Remember that tax benefits depend on your initial circumstances and may change in the future.

Remember, the value of investments can go down as well as up and you may get back less than you invest.

View our Stocks and Shares ISAs
 
Your money logo ISA 2015

Award winning Virgin Cash ISAs

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.

  • Our best-paying savings account tax-free.
  • Transfer any other ISAs to us.
  • Take interest as a monthly income or leave it to grow your savings.
  • No introductory bonus rates that suddenly disappear.
  • Fixed Rate ISA customers get offered our best rates when their deal ends.

Apply online in 10 minutes

Get the same rate however you apply online, in Store, by phone or post.

View our Cash ISAs
 

Want to learn more about ISAs ?

Tax-friendly ISAs just got a whole lot nicer, thanks to an increased annual limit of £15,240 and a new fully flexible way to save. You can now choose to invest your money in cash, stocks and shares, or any combination of the two. We have a range of cash ISAs, or if you're feeling a little more adventurous, there's our Stocks and Shares ISA, which takes a straightforward approach to investments - so you don't have to be an expert to benefit from the stock market.

Remember, the value of your stocks and shares can go down as well as up and you may get back less than you invest

What's the difference between a Cash ISA and a Stocks and Shares ISA ?

The big difference between a cash ISA and a stocks and shares ISA is the way your money is used. You can think of a cash ISA as a normal savings account. A Stocks and shares ISA invests your money in the stock market.

Remember that tax benefits depend on your individual circumstances and may change in the future.

Cash ISAStocks and Shares ISA
Savings accountInvestment
Tax freeTax efficient
Ideal if you need access to your money quickly, or if you want to know your money is safe in a bank accountThis is a medium to long term investment so you should be prepared to invest your money for at least five years
Low risk with a guaranteed returnHigher risk with a potentially higher return. Your capital will be at risk
Illustration showing that the Stocks and Shares ISA has a higher risk and higher potential return than the Cash ISA

Your attitude to risk

Choosing the right ISA for you depends very much on your approach to risk. If you want a low risk account, cash ISAs could be for you. But if you want the chance to earn a higher return, you might want to look at our Stocks and Shares ISA.

As with all stock market investments, the value of your investment can go down as well as up and you may get back less than you invest. This is a medium to long term investment so you should be prepared to invest your money for at least five years.

Our range of nicer ISAs

Remember, we also accept ISA transfers from other ISA providers. Why not take a look at some of the other accounts we offer.

Our Cash ISAs

Our Cash ISAs offer the peace of mind of a fixed rate or access to your money when you need it. Helping you manage your money in a way that suits you.

View our Cash ISAs
Our Stocks and Shares ISA

Our Stocks and Shares ISA provides a variety of options designed to suit your approach to risk.

View our Stocks and Shares ISAs