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Savings questions and answers

At Virgin Money, we pride ourselves on offering good value within the market for our savers. When the Bank of England changes the base rate, we review our entire range of savings to ensure this remains the case. We will communicate any changes in line with the account terms.

You should regularly review your account(s) to make sure your product(s) still meets your needs. You can view our latest Savings and Current Account products on our website, or by visiting us in store. These products are available to both new and existing customers.

No - your savings rate is fixed for all of the term.

If you have an account that tracks the Bank of England base rate, then your rate will change (if applicable) in line with the terms of the account, and we will communicate any changes in line with the account terms.

For any accounts that track or reference the Bank of England base rate, we will pass on the increase (where applicable) in line with the terms of the account.

Following the announcement, we will review our entire savings range to ensure we continue to offer good value for our savers within the market.

We will communicate any changes in line with the account terms.

As with any rate change, we will communicate any changes in line with the account terms.

Our savings range is reviewed on an account-by-account basis - interest rates may move by different amounts and at different times. This is to make sure they offer good value in the savings market.

If your account does not track the Bank of England base rate, but we decide to change the rate following reviewing our savings range, we will communicate any changes in line with the account terms.

We’ll continue to honour all Base Rate Guarantees. If we change your rate, we’ll communicate any changes in line with the account terms.

Following the changes to the Bank of England base rate, we continue to watch the market. We’ll adjust the interest rates on our new products if needs be.

If we decide to change the rates on any accounts, we’ll let customers know as per their terms and conditions.

For details of how to get in touch, please visit our dedicated page:

Contact us

Current account questions and answers

At Virgin Money, we pride ourselves on offering good value within the market on our savings and current account products. When the Bank of England changes the base rate we review our entire range to ensure this remains the case. We will communicate any changes in line with the account terms.

You should regularly review your account(s) to make sure your product(s) still meets your needs. You can view our latest Savings and Current Account products on our website, or by visiting us in store. These products are available to both new and existing customers.

For any accounts that track the Bank of England base rate, we will pass on the increase (where applicable) in line with the terms of the account.

Following the announcement, we will review our current account range to ensure we continue to offer good value within the market.

We will communicate any changes in line with the account terms.

For details of how to get in touch, please visit our dedicated page:

Contact us