Virgin Money launches new Regular Saver Exclusive account offering 6.50%

Virgin Money has launched a second edition of its Regular Saver Exclusive offering a fixed rate of 6.50% (AER/ gross) until 29th May 2026.

Virgin Money’s Regular Saver Exclusive Issue 2 is available to existing personal current account customers, as well as new customers who open an eligible account—helping them kickstart a regular savings habit by saving little and often.

The Regular Saver Exclusive Issue 2 enables customers to pay in a maximum of £250 every calendar month for the duration of the product term and be rewarded through a competitive interest rate of 6.50% (AER/gross). There’s no minimum monthly amount to pay in, and customers don’t have to pay in every month. However, if customers don’t pay in one month, or pay less than the maximum, they can’t then pay in more the next month or in future months.

What would the estimated balance be after 12 months based on a customer depositing £250 each month?

This example is based on a customer paying in the maximum deposit limit of £250 on 1st of every calendar month, beginning on 1st May 2025, the customer not taking any money out and the interest added at the end of the fixed term. Depending on when a customer opens their account, the fixed term may be longer than 12-months. The fixed term will never be less than a 12-month period and will always end on the maturity date.

This savings account could be a good option for those customers with cash leftover each month that they want to save, if they have short-term savings goals or if they want access to their money if they need it without a charge or the interest rate changing.

Andrew Carter, head of personal banking at Virgin Money, said “Our new Regular Saver Exclusive is designed for people who want to build good savings habits by growing their savings little and often – all while benefiting from a competitive fixed interest rate. It’s a simple, flexible way for customers to boost their balance while staying in control of their budgets.”

Customers can apply for the Regular Saver Exclusive account online or in a Virgin Money branch and can manage the account via the Virgin Money mobile banking app, online, over the phone or in a Virgin Money branch.

Further information about opening a Virgin Money Regular Saver Exclusive 2 can be found here: Regular Saver Exclusive | Easy Access | Savings | Virgin Money UK

Customers must have a Virgin Money personal current account (excluding Essential Current Account or Virgin Money Current Account) to be eligible for this product.

Customers can only have one Regular Saver Exclusive at a time; this includes previous issues already held.

Customers can take money out at any time, however any money taken out cannot be replaced if the £250 maximum monthly deposit limit has already been reached.

If a payment in takes the customer over the maximum £250 deposit limit for that calendar month, the full payment will be rejected.

Full T&Cs can be found here: Your Terms for the Regular Saver Exclusive