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Everyone's better off when savings are made simple

Savings

Everyone's better off when savings are made simple

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Children's accounts

Provide a head start in life, whether you want to save for a child's future, or open their very first account. The illustrations showing estimated value are calculated over the first year of investment into the accounts and are based on the current rate for these accounts providing no withdrawals are made.

Virgin Young Saver Issue 2

Rate	Term/Notice	Access	Min and max balance
2.00% AER¹ 2.00% Gross² P.A.	None	Branch Postal	£1 - £10,000

Children under 16 alongside an adult hold the account
Account can be withdrawn at any time and is limited to one per customer, per issue

Interest rate is variable so can change

No notice access to your money

Estimated value after first year

£5,100⁴

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1 AER stands for the Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
2 Gross P.A. is the rate of interest paid to eligible non-taxpayers without the deduction of tax.
3 The tax-free rate is the contractual rate of interest payable where interest is exempt from income tax.
4 Estimated value is shown Tax-Free³ P.A (for Cash ISAs) or Gross² P.A. Remember, any balances which are under the minimum set will earn an interest rate of 0.10% Gross² P.A. or Tax-Free³ P.A.

All illustrations are calculated over the first year of investment into the accounts and are based on the current rate for these accounts providing no withdrawals are made. The only exceptions to this are the L&G Growth Deposit accounts which are calculated over the full term of the account.

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Children's accounts

Virgin Young Saver Issue 2

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