Virgin Money launches new online easy-access deal paying a top 1.35%


Virgin Money launches new online easy-access deal paying a top 1.35% (but you are limited to two withdrawals a year)

Sylvia Morris For The Daily Mail

Virgin Money has launched an easy-access deal paying a top rate of 1.35 per cent

Virgin Money has launched an easy-access deal paying a top rate of 1.35 per cent

Virgin Money has launched an easy-access deal paying a top rate of 1.35 per cent

Virgin Money has launched a new issue of its easy-access Double Take E-Isa at a top rate of 1.35 per cent.

Its previous version, Issue 1, paid a slightly lower 1.3 per cent.

While its new deal is the best online rate, it only suits those who rarely touch their money, as you are limited to two withdrawals a year.

For those who prefer an account run through branches or by post, Skipton BS pays 1.02 per cent on its Super Tracker Cash Isa and also restricts you to two withdrawals a year.

It also guarantees to pay 0.52 percentage points above the Bank of England base rate — currently 0.5 per cent — until June 30, 2020.

Both accounts accept transfers from other banks.

 

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