How to reinvest
You can reinvest your ISA into more than one Virgin Money product in just a few steps.
Option 1: Reinvest some funds and make a withdrawal
You can reinvest into one of the ISAs offered at maturity as well as a non-ISA Easy Access Online Saver account, which allows you access to those funds. This option would be used if you wanted to withdraw your interest or access some of your ISA balance, whilst reinvesting the remainder in a Fixed Rate E-ISA. Please note any funds invested in the Easy Access Online Saver account will lose the ISA tax free status.
Select a new product from your options
- Sign in to your account. Link opens in a new window There’s a handy link in the ‘Made your decision?’ section.
- Select the ISA which is maturing, labelled 'Account approaching maturity'
- Follow the on-screen instructions to select your chosen ISA and the Easy Access Online Saver account and read through the Key product information.
- 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. After maturity the money in the Easy Access Online Saver account will then be available for you to transfer to your nominated bank account when you need to do this.
Remember that any money you take out of your ISA will no longer benefit from the tax treatment an ISA receives, unless it’s transferred directly to another ISA by your ISA provider.
Option 2: Reinvest into a product offered at maturity and an alternative product.
Select a new product from your options
- Sign in to your account. Link opens in a new window There’s a handy link in the ‘Made your decision?’ section.
- Select the ISA which is maturing, labelled 'Account approaching maturity'
- You will need to transfer your whole balance into one of the products offered at maturity. Follow the on-screen instructions to select your chosen account and read through the Key product information. If you are happy, you can confirm the selection and submit your instruction.
You then open your alternative product following the steps below.
Open a new account
- 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. When you reach the section `Would you like to transfer an existing ISA to this account?', select 'No'. This means you can open a new account with a zero balance.
- Once you have your new 8 digit account number, send us a secure message by selecting the 'messages' tab and choose 'new message'.
Include the following details in the message:
- You'd like to transfer some of the balance of your existing account at maturity to the new account you have opened on a zero balance
- The account number of the ISA you are transferring from
- The account number of the account you are transferring to
- How much you want in each account
On maturity we'll put this through for you.
Remember that any money you take out of your ISA will no longer benefit from the tax treatment an ISA receives, unless it’s transferred directly to another ISA by your ISA provider.
Made your decision?
You're just a few steps away from reinvesting
Sign into your account
To log in to your account you will need to know your 7 character customer ID.
It was emailed to you when you originally set up your account. It was also included on the email you received about your maturing ISA.
View your maturing ISA.
Follow the instructions for your selection. We’ll keep this page open so you can check back for the details.