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Virgin Money Fixed ISA Exclusive 4.25% Monthly Interest?

Richchad
Posts: 553 Forumite


I saw that this VM Fixed ISA account is shown in the MSE Top 1 Year Fixed ISAs as interest being paid monthly or at maturity.
However looking at the Summary Box I can't see any reference to monthly interest...
Does anyone who has opened this account know if it can be paid monthly?
I have raised the question via VM messaging could take days to get a reply so thought maybe someone here might know.
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Comments
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As Virgin state that interest is only paid at the end of the fixed term on these accounts, then it'll be the MSE info that is wrong.
"Interest is calculated daily on your balance and paid to your account at the end of the fixed term. Or when you close your account, if that's earlier."
Savings Champion also state that interest is paid on maturity.1 -
Thanks refluxer, I missed that, it is strange as their other 1 year fixed ISA @ 4% has the monthly option, it seems that being "exclusive" as an existing customer, you lose the option of monthly interest.
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