Regular Saver Exclusive

To be eligible for our Regular Saver Exclusive, you need to:

• be 16 years or older
• be a UK resident
• have an eligible current account with Virgin Money which was opened on or after 4 December 2019. Or, you originally opened your current account with Clydesdale Bank or Yorkshire Bank such as a B or Signature Current Account.

If you do not have a suitable account and want to open one, explore our current accounts and see which one is right for you.

You can pay in up to the maximum of £250 every calendar month and earn interest on this.

The balance you can earn interest on increases each month by £250. So, if you don’t manage to save your full £250 in any month, you can pay more in the next or future months. The maximum balance you can earn interest on at the end of the 12-month fixed term is £3,000.

Interest payments added directly to your account will not be counted towards the monthly £250 limit.

You can save more than £250 each month but will not earn interest on anything over the cumulative monthly deposit limit.

For example:

You save	We pay	Cumulative monthly deposit limit This does not include any interest we've directly added to your account
1st month you save £250	Account balance is £250. You will earn interest on this full amount.	£250
2nd month you save a further £200	Account balance is £450. You will earn interest on this full amount.	£500
3rd month you save a further £300	Account balance is £750. You have saved up to the maximum monthly limit and will earn interest on this full amount.	£750
4th month you save a further £300	Account balance is £1,050. You have exceeded the maximum cumulative monthly limit by £50 and will only earn interest on the additional £250 saved this month.	£1,000

Check the summary box for more details

You can pay into your account at any time – it’s quick and easy.

Your Regular Saver Exclusive will appear alongside your current account in your app and internet banking. Transfer money to your Regular Saver Exclusive as little and often as you like, or if you’re comfortable saving a set amount each month, set up a standing order. You can do this from an external account or another account with Virgin Money.

You can also pay money into the account by cash, and we’re always happy to accept cheques in Store. You can also pay in cheques using the app, scan them in the app and the rest is over to us.

You can take money out whenever you need it. Make sure you have enough money in your Regular Saver Exclusive account before taking any out.

Depending on what you’re registered for, you can give us the okay to send money to another account in the app, internet banking or over the phone. Alternatively, you can pop into one of our Stores, just remember to bring along your ID as we may ask to see it.

Yes, this account is perfect for saving little and often. If you take money out within the calendar month you can replace it. Just remember, you can pay in up to the maximum of £250 every calendar month and earn interest on this, any money that exceeds this limit will be accepted but won’t earn interest. Conditions apply, check out the Terms for more information.

This product is available exclusively for customers who hold certain current accounts with us. This means that they have different login details to some of our other Virgin Money savings accounts.

By using the new details, you’ll be able to see the Virgin Money current account you opened on or after 4 December 2019 (or originally opened with Clydesdale / Yorkshire Bank) alongside this Regular Saver Exclusive.

As we’re currently bringing together Yorkshire Bank, Clydesdale Bank and Virgin Money to create one bigger and brighter bank, we don’t have all our products on the same system just yet. This means you won’t be able to see some other savings accounts you hold with Virgin Money alongside your Current Account and Regular Saver Exclusive right now.

Once the fixed term ends your account will become a variable rate Everyday Saver account (or another easy access account we have available). We’ll write to you before the end of the fixed term to let you know the options available to you, as well as advising you of the interest rate currently payable on the variable rate account. Check the summary box for the fixed end date for this product.

No, your interest rate is fixed for the term of the account and won’t change until maturity. Check the summary box for more details.