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Martin Lewis informs savers about current account offering 2% interest rate on savings | Personal Finance | Finance


The Martin Lewis Money Show Live continued on Thursday evening, hosted by Martin and his co-presenter Angellica Bell. During the show, the financial journalist shared his selection of the latest money news with ITV viewers during his “news-you-can-use” segment.

“You can’t buy it elsewhere so I’ve got no independent valuation of that, if you switch to its bank account.”

The Virgin Wines offer is available to all new Virgin Money Current Account customers.

To get the incentive, they will need to apply online and complete a full switch using the Current Account Switching Service.

Rules state this includes two direct debits being set-up on the account, downloading and registering for the mobile app, and depositing at least £1,000 into a linked savings account within 31 days of the account opening.

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Martin went on to explain that this particular current account is currently offering a “good” interest rate – 2.02 percent on balances up to £1,000.

He said: “Now this account pays you two percent interest on up to £1,000.

“A good rate – but only a small amount. You don’t need to switch to get that.”

He went on to share details about the wine offer.

Fergus Murphy, Group Personal Director at Virgin Money, said of the offer: “We always want to offer our customers more, and the introduction of Brighter Money Bundles is the first step on our journey to reward customers with fantastic benefits from across the wider Virgin family.

“By giving exclusive access to the fantastic products and experiences that the Virgin family offers, alongside our brilliant banking service, we can disrupt the status quo in banking and give customers more reasons to come to Virgin Money.”

There is a choice of alcoholic and non-alcoholic options, with the latter said to be worth £70.

Existing customers are also able to access an offer for a discounted case of Virgin Wines worth £180, the bank said.

The Martin Lewis Money Show Live continues on Tuesday at 8pm on ITV.



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