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Virgin Money launches new issue of its Easy Access Saver Account

19/10/2012

This information is intended for use by journalists and is correct at the time of publication. Customers wanting to view our current savings range should visit our savings pages.

Virgin Money announces today (18 October) that it is launching a new issue of its Easy Access Saver account.

Issue 4 of the Easy Access account has been launched today, paying a bonus free variable rate of 2.20% per annum.

The Easy Access Saver Issue 3 has been withdrawn from new applications. This withdrawal does not affect any existing customers with Easy Access accounts – their interest rates remain unchanged.

The Virgin Easy Access Saver offers customers a competitive variable rate of interest which is not inflated by an introductory bonus. These simple, straightforward savings accounts are available through stores, online, telephone or by post, with the same interest rate available through all channels.

More information on the savings range is available at www.virginmoney.com/savings.

ENDS


Media Contacts
Press Office
Tel: 0191 279 4676
email: press.office@virginmoney.com


PRODUCT DETAILS

Annual Gross*/AER**Monthly Gross*
Virgin Easy Access Saver (Issue 4)2.20%2.18%
Virgin Easy Access E-Saver (Issue 4)2.20%2.18%

**AER stands for Annual Equivalent Rate and shows what the interest rate would be when interest is paid and added to the capital balance each year.

*Gross is the rate of interest paid to eligible non-taxpayers without deduction of tax. Please note interest will be paid net of tax unless you are eligible to receive interest gross and submit the required registration form to us.


NOTES TO EDITORS

About Virgin Money

  • Following the acquisition of Northern Rock in January 2012, Virgin Money provides credit cards, mortgages, savings, pensions, investment and protection products to over four million customers
  • Virgin Money’s business ambition is to make “everyone better off” – this philosophy underpins our approach to business by offering good value to customers, treating employees well, making a positive contribution to society and delivering a profit to shareholders
  • Virgin is the official sponsor of the London Marathon, the biggest annual fundraising event in the world. Virgin Money leads the London Marathon sponsorship with the ambition to help runners raise £¼ billion over 5 years and will use its infrastructure, online capability and financial expertise to deliver that through Virgin Money Giving