This tax year 2014/2015 you can save up to £15,000 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
£50 wine voucher
One month free
Award winning Virgin Cash ISAs
Voted best Direct Cash ISA Provider 2013 and 2014
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.
Stocks and Shares ISA
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.
Want to learn more about ISAs ?
Tax-friendly ISAs just got a whole lot nicer, thanks to an increased annual limit of £15,000 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 ISA||Stocks and Shares ISA|
|Tax free||Tax efficient|
|Ideal if you need access to your money quickly, or if you want to know your money is safe in a bank account||This 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 return||Higher risk with a potentially higher return. Your capital will be at risk|
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.