5 Year Fixed Rate Cash E-ISA

Watch your money grow tax-free

Fixed rate of


AER1 / Tax-free3 P.A.

Apply online now in minutes and start saving straightaway.

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

The highlights

  • You don’t pay any tax on the interest earned
  • Bring all of your ISAs together with our simple ISA transfer service
  • UK Call Centres
  • Exclusive access to our Virgin Money Lounges
  • Access to a great range of Virgin Group discounts and offers
  • Best overall Cash ISA provider 2018
Apply now

Account name: 5 Year Fixed Rate Cash E-ISA Issue 340

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.
  • Your National Insurance number.
Are you an existing online savings or mortgages customer?

Frequently asked questions

How much can I save each year?

Each tax year, you have a tax-free ISA allowance. You can currently save up to £20,000 this tax year.

You can transfer in any ISAs that you have with other providers too. Transferred ISAs from previous tax years will not count towards your limit of £20,000, but transferred ISAs opened in this tax year will count towards your £20,000 allowance.

Don't forget that this is an annual allowance. If you have an ISA, you can deposit up to the maximum allowance each year, in addition to funds already in your account from previous years.

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

  • This account pays a fixed rate of interest.
  • Annual interest is paid on 5 August and monthly interest on the last day of each month. If these days aren’t business days, we will pay them the next business day. Any additional interest earned after the last payment date will be added to the capital balance and paid upon closure of the account.
  • If the balance in your account falls below £1, which is the minimum balance, our basic savings rate of 0.10% tax-free3 P.A applies.

Interest can be;

  • Added to your Fixed Rate Cash E-ISA.
  • Transferred into any of our accounts (as long as you can add to the account).
  • Paid into an account with another bank or building society.

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.

How do I take money out?

You can withdraw money from your account, but you can not put money back in. Any withdrawals made within the fixed rate period are subject to a charge.

How do I pay money into this account?

To ensure funds are accepted into your new account we must receive all funds within 30 days from your account opening date. Any deposits received after 30 days may be returned to you. This includes any funds transferred in from existing ISAs, therefore please ensure that you initiate any ISA transfers in as soon as you receive your new Cash ISA details. After the 30 day period you may not be able to make any additional deposits into this Cash ISA.

You can add new money to your Virgin Fixed Rate Cash E-ISA with any amount between £1 and £20,000 by:

  • Transferring money electronically to us by BACS, CHAPS, FPS or Standing Order.
  • Sending a cheque with 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 either by sending a transaction slip(PDF, 116KB) to our Main Office or by visiting your local Store** with ID and passbook if applicable (as long as you can withdraw from the account).

If invalid contributions are made, an ISA may become void and we may need to transfer the money to a non ISA account which may not pay the same interest rate as this Cash ISA.

For FPS, BACS and Standing Order transfers
Sort code 08-60-64
Account number Your Fixed Rate E-ISA account number
For CHAPS transfers
Sort code 08-02-65
Account number 50048407
Reference Your Fixed Rate E-ISA account number and your name
For CHAPS transfers from banks outside the UK
Sort code 40-02-50
Account number 61333372
Reference Customers Virgin Money Account Number and Name

If you do not make any deposits into a Cash E-ISA for a full tax year (break in subscriptions), you are required to agree to the ISA Declaration again before you can add any further money to your account. To do this, simply log in to your account and follow the on screen instructions to agree to the ISA Declaration. Then you will be ready to add more money to your Cash E-ISA.