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Double Take E-ISA Issue 18

Two withdrawals a year. One great rate. Simple.

  • Variable rate of 4.15% AER1 Tax-free2 for limited access.You can only take out money twice in a calendar year. However, a full closure or closing transfer of your ISA (to another Virgin Money ISA or another ISA provider) is permitted at any time.
  • Pay in up to £20,000 in the current tax year, and there is no limit on ISA transfers.
  • This is great if you don't need to access your money regularly and like to manage your money online.
  • You can only subscribe to one Virgin Money Cash ISA in each tax year.

1AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.

2The tax-free rate is the contractual rate of interest payable where interest is exempt from income tax.

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