Do you qualify for Virgin Money’s 2.02% interest rate and a free £150 gift card?
VIRGIN MONEY is presently offering a 2.02% interest rate, as well as a free £150 gift card, which is an especially appealing deal for Britons.
Virgin Money is growing in popularity among savers who manage their money in a variety of ways. In the current climate, the company, which is becoming increasingly well-known on British high streets, is also offering excellent credit rates. One of them is offered through Virgin Money’s M Plus Account, which allows Britons to “view money in a whole new way,” according to the company.
It is currently luring Britons with a monthly interest rate of 2.02%.
The interest rate is available on balances up to £1,000, making it ideal for people just getting started with their savings or saving a small amount.
M Plus Saver, a linked savings option, is also available with the account.
This connection gives you an extra 0.35 percent on your savings balance, paid out quarterly.
Apart from the competitive interest rate, Virgin Money is also offering a bonus to switchers.
A £150 Gift Card is also on the table for individuals who are new to the bank.
“Now that we can all get out and about again,” the website says, “we’ll email you a £150 gift card and a link to the Virgin Experience Days website within 14 days.”
“You don’t have to spend your £150 all at once, and you may top it up if you want something greater.
“Virgin Experience Days provides a diverse choice of activities, including classics like track days, flying lessons, and spas, as well as newer trends like learning new arts and crafts skills.
“Let’s get this party started!”
However, there are a few eligibility requirements to keep in mind when it comes to the switching offer.
To be eligible, a person must be 18 years old and a permanent resident of the United Kingdom.
They must not already have a current account with Virgin Money, Clydesdale Bank, or Yorkshire Bank.
Virgin Money explains that they must not have closed one recently – since February 28, 2021.
Finally, individuals migrating to Virgin Money must not have previously taken advantage of a Brighter Money Bundle offer.
Britons must also complete a series of qualifying steps when opening a new current account.
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They must use the official “Brinkwire Summary News” to completely switch their present account.