Partial reinvest your E-Bond

Here you can find out how to reinvest some of your funds into an account offered to you at maturity and make a withdrawal, or move your remaining funds to an alternative product.

Option 1: Reinvest some funds and make a withdrawal

You can reinvest into one of the E-Bonds offered at maturity as well as an Easy Access Online Saver product, which allows you access to those funds. This option would be used if you wanted to withdraw your interest or access some of your maturing balance, whilst reinvesting the remainder in a Fixed Rate E-Bond.

Select a new product from your options

1. Sign in to your account. Link opens in a new window There’s a handy link in the ‘Made your decision?’ section.
2. Select the E-Bond which is maturing, labelled 'Account approaching maturity'
3. Follow the on-screen instructions to select your chosen E-Bond and the Easy Access Online Saver account and read through the Key product information.
4. Choose the amount you wish to transfer into each product. As you are transferring your maturing account into more than one product, you will be asked how you would like the funds split. You will be asked to enter a value into one of the 'Amount £' fields and the other will become greyed out with the 'Remaining balance' selected automatically.
5. On the date of maturity or after, the money in the Easy Access Online Saver will then be available for you to transfer to your nominated bank account. You will be able to arrange this by logging into your account, clicking on ‘Take Money Out’ then ‘Transfer to Nominated Account’.

Option 2: Reinvest into a product offered at maturity and an alternative product.

If you want to reinvest some funds into an E-Bond offered to you at maturity, and some into another product available on our website, you will need to complete the following steps.

1. Sign in to your account. Link opens in a new window There’s a handy link in the ‘Made your decision?’ section.
2. Select the E-Bond which is maturing, labelled 'Account approaching maturity'
3. Follow the on-screen instructions to select your chosen E-Bond alongside the Easy Access Online Saver account and read through the Key product information.
4. Choose the amount you wish to transfer into each product. As you are transferring your maturing account into more than one product, you will be asked how you would like the funds split. You will be asked to enter a value into one of the 'Amount £' fields and the other will become greyed out with the 'Remaining balance' selected automatically. Your maturing account will roll over into one of the accounts you've selected on maturity, and a new account will be opened for you for the second product you selected. You will be able to access the funds in your Easy Access Online Saver account at maturity.

You then open your alternative product following the steps below.

Opening your new account before your existing E-Bond matures

Once you know which product you'd like to apply for, follow these steps.

1. Sign in to your account. Link opens in a new window There’s a handy link in the ‘Made your decision?’ section.
2. Go to ‘View savings range’ (found at the bottom of the My Accounts page) and choose the account you want to open and follow the onscreen instructions to open your new account.
3. Once your E-Bond has matured and some of your funds have transferred to the Easy Access Online Saver account, you can log into your Easy Access Online Saver account and select to transfer some or all of the funds into your new account by clicking on ‘Take Money Out’ then ‘Virgin Money Transfer’.
   
   Just remember, our on sale products are limited issue and may be withdrawn at short notice. In the case of our Fixed Rate E-Bonds, once withdrawn there is a very limited window to make any deposits which you should consider if opening a new account early to transfer to at maturity.