1 Year Fixed Rate E-Bond

Great for saving a lump sum over a set time

Fixed rate of

1.15%

AER1 / Gross2 P.A.

Apply online now in minutes and start saving straightaway.

Save for a set period of time in return for a higher rate of interest, so you'll always know what you'll get at the end.

Need more flexibility to access your money? Why not take a look at our Double Take E-Saver?

The highlights

  • Start saving today with only £1
  • Get our best rates by locking your money away
  • Limited issue, so don't miss out
  • UK call centres
  • Exclusive access to our Virgin Money Lounges
  • Access to a great range of Virgin Group discounts and offers
Apply now

Account name: 1 Year Fixed Rate E-Bond Issue 343

Save with confidence

As we are covered by the Financial Services Compensation Scheme, savings with Virgin Money are covered up to £85,000 per person.

View the FSCS guarantee 

Interest calculator

Use our handy calculator to work out the estimated interest you could earn on this account.

Visit the calculator 

Apply now in minutes

Things you may need to hand
  • Your bank or building society number.
  • The details of other applicants, if you are opening an account with other people.
Are you an existing online savings or mortgages customer?

Frequently asked questions

How do I pay money into this account?

Make sure your deposits get to us as soon as possible, as we can’t confirm when the account might be withdrawn for new deposits. If we do receive money following withdrawal, we may send it back to you. We will not contact you to let you know when any product is withdrawn.

You can add any amount from £1 up to £1 million by:

  • Transferring money electronically from your existing account by BACS, CHAPS, FPS or Standing Order.
  • Sending a cheque and a transaction slip(PDF, 116KB) to our Main Office – please make the cheque payable to "Virgin Money plc for the account of [insert account holder’s name(s)]" and crossed "A/c Payee only". Please also quote your account number on the reverse.
  • Visiting your local Store** to make a cash or cheque deposit
  • Transferring money from another Virgin Money account by sending a transaction slip(PDF, 116KB) to our Main Office or visiting your local Store** with ID and passbook (as long as you can withdraw from the account)
For FPS, BACS and Standing Order transfers
Sort code 08-60-64
Account number Your Virgin Money account number
For CHAPS transfers
Sort code 08-02-65
Account number 50048407
Reference Your account number and your name
For CHAPS transfers from banks outside the UK
Sort code 40-02-50
Account number 61333372
Reference Your account number and your name
BIC No.
NRNBGB22XXX
IBAN No.
GB07MIDL40025061333372

How do I take money out?

  • You can't close or make withdrawals from your account before maturity.
  • After your account has matured, you don’t have to give any notice to withdraw your money - the minimum you can withdraw is £1 (or less if closing).
  • We will write to you with all of the options available for your account on maturity, you can choose to re-invest some or all, withdraw or transfer your money.

Will I incur any charges with this account?

There are charges for some standard services that we make available to you. These are detailed below:

Table to show charges for standard services that we make available to you
Service Charge
CHAPS Minimum withdrawal £250 £30 per transfer
Copy cheque £5 per cheque
Copy statement £10 per statement

We may also make a reasonable charge for any non-standard services which we make available to you on a discretionary basis. If you request such a service, we will tell you the amount of our charges before we act on your instructions.

When is the interest paid, and where is it paid to?

  • Fixed Rate Bonds pay a fixed rate of interest.
  • You can choose when and how to have your interest paid. Interest can be paid monthly to supplement your income or yearly as a lump sum – it’s entirely up to you.
  • Please see the summary box to find the date your annual or monthly interest payment will be made
  • If the balance in your account falls below £1 the minimum amount set, our basic savings rate of 0.10% Gross2 P.A applies.

Interest can be:

  • Added to your Fixed Rate E-Bond.
  • Transferred to any Virgin Money account (as long as you can add to the account).
  • Paid into an account with another bank or building society.