Easy Access Saver

Your money, when you need it

Variable rate of

1.01%

AER1 / Gross2 P.A.

Add and withdraw whenever you choose, start saving today.

Prefer to save in an ISA? Our Easy Access Cash ISA is a great option for flexible savings.

The highlights

  • Add and withdraw your money, whenever you need to
  • Start saving today with only £1
  • 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: Easy Access Saver Issue 31

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.

This is a store or post account.

Select which account opening method you’d prefer below.

To apply for a postal account

Send your completed application form to:

Virgin Money plc
E-Savings
NEA 3780
Newcastle upon Tyne
NE3 4ZE

Please use 'Print and post' for a Power of Attorney account.

0345 850 2336

Mon - Fri 8am - 8pm
Sat 8am - 4pm
Sun 10am - 3pm

Call us to open your account and we'll provide you with your account number so you can deposit straight away.

Calls to 03 numbers are the same as calls to 01 or 02 numbers and they are included in inclusive minutes and discount schemes in the same way.

To apply for a store account

Request an appointment and chat with us face to face at your local Store.

We'll give you straightforward, friendly help with our savings products.

Frequently asked questions

How do I pay money into this account?

You can add money to this account with any amount between £1 and £250,000 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).
For FPS, BACS and Standing Order transfers
Sort code 08-61-15
Account number 00000515
Reference Your 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 Customers Virgin Money Account Number and Name
BIC No.
NRNBGB22XXX
IBAN No.
GB07MIDL40025061333372

How do I take money out?

  • You can have no notice access to your money.
  • There are no limits on the amount of withdrawals.
  • The minimum amount you can withdraw is £1 (or less if closing).

You can take money out by:

  • Electronic transfer – If possible, we will make your payment by FPS meaning that we will debit your account the same day or any future date for which you authorised the payment. The payment should reach your nominated account within a few hours but no later than the end of the next business day.
  • If you request a CHAPS withdrawal and we receive your authority and full instructions before 4pm on a business day, the money should be credited to your nominated bank or building society account the same day. Withdrawal instructions received after 4pm will not be processed until the next business day and the money should be credited to your nominated bank or building society account on that day. A charge will be made for this type of transfer, please refer to Condition 11 within your Savings Terms and Conditions for details. The minimum you can withdraw by CHAPS is £250 up to the account balance. CHAPS transfers can only be processed at our Main Office.
  • Cheque – You can take out up to £500,000 by cheque in a day from any Virgin Money Store**. Larger amounts by cheque can be posted to you direct from our Main Office.
  • Transfer to another Virgin Money account (subject to the terms and conditions of that account).
  • Cash – You can take out up to £2,000 in cash in a day from any Virgin Money Store**.

You will be required to provide suitable personal identification when making withdrawals at a Store** and you must remember to present your passbook each time you make a withdrawal.

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?

  • This account pays a variable 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.
  • Annual interest is paid on 25 June and available on the next business day. Monthly interest is paid on the last day of each month and is available on the next business day.
  • If the balance in your account falls below £1, the minimum balance, our basic savings rate of 0.10% Gross2 P.A applies.

Interest can be;

  • Added to your account.
  • Transferred into any Virgin Money account (except Cash ISAs or, if your existing terms and conditions do not allow).
  • Paid into an account with another bank or building society.