Like saving in a building society deposit account, only better

The trouble with deposit accounts is your savings are taxed (unless you are a non-taxpayer), and you are often penalised for withdrawing cash at short notice.

The big advantages of a Virgin Cash ISA are...

• Our current cash interest rate is 0.1%, tax free.
• There are no notice periods so you can get at your cash whenever you need it.
• Your savings earn interest tax free.

That means 20% higher returns - 40% if you are a higher rate taxpayer.

Tax treatment depends on individual circumstances and may be subject to change.

The cash in your Virgin ISA goes into a personal deposit account with The Royal Bank of Scotland plc.