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Virgin Savings Accounts

Posted July 27th, 2010 and last modified May 18th, 2012

As part of the financial services arm of Sir Richard Branson’s Virgin Group, Virgin Money endeavours to offer customers savings accounts with the best possible rates and most competitive features to achieve their own unique financial goals.

Since it’s establishment in 2003, Virgin Money has offered Australian customers the best service possible and the release of the new Virgin Saver high interest online savings account proves to be no different

Virgin Saver Account

Virgin High Interest Savings Account

Plan to start your savings? The Virgin Saver offers a very competitive variable ongoing rate and absolutely no fees, whatsoever.

  • Maximum Rate: 4.75%
  • Standard Variable Rate: 4.75%
  • Bonus Rate:
  • Monthly Account Fees: $0
  • Minimum Balance: $0
  • Minimum Deposit: $0

The Virgin Saver

Enjoy the benefits of a high interest online savings account with some of the most competitive features and rates on the market. Reach your savings goals faster with the high interest rate of the Virgin Saver.

Features

  • Zero Fees

    Enjoy zero fees and unlimited transactions free of charge from a nominated link bank account and the Virgin Saver.

  • No Minimum Balance

    A savings account for everyone regardless of their earnings with no regular repayments, deposit amount or minimum balance required

  • 24/7 Access to Funds

    Keep your banking convenient with online account access 24/7 to transfer money, view your transactions, set up savings plans

  • Security for Your Savings

    Savings up to $1 million dollars are covered by the Australian Government Guarantee via Virgins alliance with Citibank

Find Out How Virgin Saver Savings Account Help You Start Your Savings

Since 2003, Virgin Money has offered a range of financial products to citizens of Australia.

Virgin Money is a branch of Sir Richard Branson’s Virgin Group, and is now offering a high interest savings account. It is fully backed by Citibank, which is a multi-national banking/investment system. Virgin Money is set to be revolutionary in online saving.

Sir Richard Branson

Sir Branson doesn’t hold back on anything. When he sets his mind to a project, he goes all the way with it, and his new Virgin Saver savings program has one of the most aggressive interest rates in the market. Knowing the value of high interest investments, Sir Branson has given everybody the chance to invest online in what will prove to be ground-breaking manner.

Pluses to the Virgin Saver

A Virgin Saver savings account is guaranteed to provide you with a high interest rate. Part of this is provided by an impressive introductory interest rate, with a variable rate after the introductory period. For accounts up to $250,000, you can start with a 4.75% interest rate! After the first 4 months, you will keep going with a 4.75% variable rate. You also won’t have to produce an minimum amount to open your savings account, and Virgin Saver won’t charge you any fees. In addition, you’ll have 24/7 access to your money, unlike other high interest accounts, which are inaccessible for periods of years. And, finally, the Australian Government itself guarantees each account through Citibank for up to $1 million dollars.

How to Get Started

Since there is no minimum amount to get a Virgin Saver savings account, it’s pretty easy to get started. If you already have a savings account online somewhere, you can switch it over to Virgin Saver. You’ll immediately start making higher interest rates. It’s pretty easy to get a jump-start on savings with this kind of deal!

So, what are you waiting for? If you have internet access and a little bit of money, you can get a Virgin Saver savings account. Remember, there is no minimum investment, and no service fee. So take your income tax refund, or your lottery winnings, and start a savings account today.

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Top High Interest Savings Accounts

All of these accounts are FREE to open and require no minimum deposit. They all have easy internet banking access with no transaction fees.

Savings Account Account Details Maximum Variable Rate p.a. Standard Variable Rate p.a. Bonus Interest p.a. Fees Min Balance/Min Deposit
RaboDirect High Interest Savings Account
RaboDirect High Interest Savings Account
Limited time offer. Enjoy a leading rate on your savings.5.60%4.85%0.75%$0$0 / $0 Enquire
Enquire
UBank USaver
UBank USaver
High ongoing rate plus if you deposit $200 monthly you receive a bonus 0.60% p.a, taking this up to an even higher rate. Open online.5.51%4.91%0.60%$0$0 / $0 Enquire
Enquire
HSBC Serious Saver
HSBC Serious Saver
Enjoy an introductory variable rate for 4 months for balances up to $1,000,000. Limited time only!5.55%4.25%1.30%$0$0 / $0 Enquire
Enquire
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