Virgin Money launches 10% interest on current account - who can get it?

Virgin Money is offering 10% interest on cash via its current account for new customers. But, there are a few caveats - we look at who can get it and how

Virgin money bank sign
(Image credit: Loop Images / Contributor)

Virgin Money is offering a 10% interest deal on cash savings to new current account customers.

The deal is part of a new bank switching deal, meaning if you move your current account to the bank, you can take advantage of a 10% rate.

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Vaishali has a background in personal finance and a passion for helping people manage their finances. As a former staff writer for MoneyWeek, Vaishali covered the latest news, trends and insights on property, savings and ISAs.

She also has bylines for the U.S. personal finance site Kiplinger.com and Ideal Home, GoodTo, inews, The Week and the Leicester Mercury.