Deadlines for ISA deposits 2024/2025
If you’re investing in a new ISA, or topping up an existing one, please note that your deposit must be made by a certain time to count towards this year’s ISA allowance.
- Postal cheque deposits must be with us by Friday 4 April
- Cash/cheque deposits need to be made in a Virgin Money store by close of business on Saturday 5 April. Please refer to the Store Finder for Saturday opening stores and their opening hours.
- Virgin Money Mobile and Internet Banking deposits must be made by 10pm Saturday 5th April.
- Faster Payments transfer from another bank must be received before midnight Saturday 5th April.
If your deposit is not made by the timings above, it will not count towards this year’s ISA allowance, instead it will count towards the new 2025/2026 tax year instead.
Deposits for the new 2025/2026 tax year will be accepted from Sunday 6 April 2025
FEATURED ACCOUNT
M Plus current account
1.00% AER1 (1.00% Gross2 P.A.) variable on balances up to £1,000, interest paid monthly.
Linked to the M Plus Saver
2.50% AER1 (2.48% Gross2 P.A.) variable on balances up to £25,000, and 2.00% AER1 (1.99% Gross2 per annum variable) on balances above £25,000. Interest paid quarterly.
Account features
- Pay money in at any time
- Take money out at any time
- No monthly fee
- Exclusive rewards
M Power current account
1.00% AER1 (1.00% Gross2 P.A.) variable on balances up to £1,000, interest paid monthly.
Linked to the M Power Saver
2.50% AER1 (2.48% Gross2 P.A.) variable on balances up to £25,000, and 2.00% AER1 (1.99% Gross2 per annum variable) on balances above £25,000. Interest paid quarterly.
Account features
- Pay money in or take money out at any time
- No monthly fee
- They get a debit card and app to manage their money
- You can keep track of their spending from your app
Fixed rate until 24 February 2026 of:
4.10%
AER1 Tax-free3
Pay money in
Within 30 days from account opening
Pay up to £20,000 in the current tax year. ISA Transfers in are accepted during this period.
Take money out
Subject to a charge
Equivalent to 60 days loss of interest on the amount withdrawn
Variable rate of:
4.31%
for the first three withdrawals,
followed by a variable rate of
1.25%
AER1 Tax-free3
Pay money in
At any time
Pay up to £20,000 in the current tax year. ISA transfers in are accepted at anytime
Take money out
At any time
Variable rate of:
4.31%
for the first three withdrawals,
followed by a variable rate of
1.25%
AER1 Gross2 P.A.
Pay money in
At any time
Pay in up to a maximum balance of £250,000
Take money out
At any time
Fixed rate until 20 February 2026 of:
4.52%
AER1 Gross2 P.A.
Pay money in
For a limited period of time
Up to the maximum balance of £1,000,000
Take money out
No withdrawals permitted during the fixed rate period
Save with confidence
We're covered by the Financial Services Compensation Scheme. Savings with Virgin Money are covered up to £85,000 per person.
View the FSCS guarantee
