Reinvest your E-Bond

Option 1: Reinvest my full balance into one of the products offered

Complete the following steps before the date on the previous page.

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 product and read through the Key product information. If you are happy with your chosen product, you can confirm the selection, submit your instruction and your reinvestment will complete at maturity.

Option 2: Split my maturing balance across two accounts offered at maturity

You can split your funds between two of the accounts offered to you at maturity by following the below 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 accounts 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 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.

If you have seen another savings product that is available on our website that you would prefer to reinvest into at maturity you can open the new product in advance to move your maturing E-Bond into.

Just remember, our on sale products are limited issue and may be withdrawn at short notice. In the case of our Fixed Rate E-Bonds, once withdrawn there is a very limited window to make any deposits which you should consider if opening a new account early to transfer to at maturity.

Opening your new account before your existing account 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. On the date of maturity or after, you will be able to transfer the money from your matured account by clicking on ‘Take Money Out’ then ‘Virgin Money Transfer’, allowing you to select the account you wish to transfer your funds to.

Opening your new account once your existing account has matured

If your existing E-Bond has already matured, 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 you have opened your new account, you will be able to transfer the money from your matured account by clicking on ‘Take Money Out’ then ‘Virgin Money Transfer’, allowing you to select the account you wish to transfer your funds to.