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Virgin Money

Virgin Money Boost Saver (18-24 years)

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special

Enjoy up to 1.20% p.a. with your bundled Virgin Money Boost Saver.

Maximum rate

1.20%*

% p.a

Base rate

0.10

% p.a

Maximum monthly interest

$17

based on an initial deposit of 4000 and a recurring monthly deposit of 1000 for a duration of 12 months

Total interest earned

$161

based on an initial deposit of 4000 and a recurring monthly deposit of 1000 for a duration of 12 months

Ongoing fee

$0

Real Time Rating™

3.77

/ 5
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Maximum rate

1.20%*

% p.a

Base rate

0.10

% p.a

Maximum monthly interest

$17

based on an initial deposit of 4000 and a recurring monthly deposit of 1000 for a duration of 12 months

Total interest earned

$161

based on an initial deposit of 4000 and a recurring monthly deposit of 1000 for a duration of 12 months

Ongoing fee

$0

Real Time Rating™

3.77

/ 5
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Quick savings account review

For Virgin Money Boost Saver (18-24 years)

These are the benefits of this savings account.

  • Maximum interest rate ranked in the best 20% (conditions may apply)
  • Ongoing bonus interest (conditions apply)
  • No ongoing fees
  • No minimum balance

These are the drawbacks of this savings account.

  • Must satisfy age requirement conditions
  • Must link to transaction account

Savings account overview

For Virgin Money Boost Saver (18-24 years)

TMD

Account Details

Maximum rate

1.20%*

% p.a

Minimum age restrictions

18

Base rate

0.10

% p.a

Maximum age restrictions

24

Maximum rate condition

Deposit $2,000 or more into your Virgin Money Go Account from an external account, and make at least 5 debit card purchases, direct debit or BPAY payments in the previous month.

Minimum opening deposit

$0

Interest calculation method

Features

Joint application available

Is online only

Methods of Access

Has internet facility

Has atm access

Has phone facility

Has eftpos facility

Has branch access

Fees

Eftpos fee

$0

Atm withdrawal fee

$0

Overseas eftpos fee

$0

Internet transaction fee

$0

Over the counter deposit fee

Phone transaction fee

$0

Over the counter withdrawal fee

Specials
  • Special Enjoy up to 1.20% p.a. with your bundled Virgin Money Boost Saver.

Target Market Determination

Visit Virgin Money to view Target Market Determination.

Other Benefits

Bundled with the everyday Virgin Money Go Account. Earn 8 points per purchase on your bundled transaction account. Access to Virgin Money Rewards. Open up to 9 savings accounts.

Other Restrictions

Special Offer available to applicants who have never previously held a Go Account, Boost Saver or Grow Saver. Applicants must open a Virgin Money Go Account and Boost Saver bundle between 2 September 2021 and 30 November 2021. This Special Offer includes a Promotional Interest Rate of 0.30% p.a. which will be calculated and paid for the first 90 days from the opening date of the Go Account and Boost Saver bundle. Applicants are still required to meet the Monthly Criteria in order to receive the Bonus Interest Rate, you will however receive the Promotional Interest Rate of 0.30% and the Base Interest Rate of 0.10% p.a. if you do not qualify for the Monthly Criteria. Offer is subject to change without notice. Additional interest only applies to the first Boost Saver opened. After 90 days from the bundled account opening date, the interest rate will revert to either the Highest Variable Interest Rate (Base plus Bonus Interest Rates) or the Base Interest Rate depending on whether Monthly Criteria have been met. The Virgin Money Boost Saver Highest Variable Interest Rate is made up of a Base Rate of Interest 0.10% p.a. plus a Bonus Interest Rate of 1.10% p.a. when the Monthly Criteria are met (outlined in the full terms and conditions) on the Virgin Money Go Account in the previous month.

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