Virgin Money are offering Virgin Saver $50 Bonus when you open an account online. They are currently paying one of the highest interest rates on the market at 6.51%. This is a limited high interest rate for 4 months. So once you have had it open for 4 months switch your account to another savings account. Once you have received the $50 bonus & bonus interest rate you can switch your account.
To be eligible for the one off $50 bonus you must:
a) Apply for a Virgin Saver from 1 August 2011 to 31 August 2011 and
b) Set up an Automatic Savings Plan that deposits at least $1000 each calendar month for at least 3 consecutive months before 30 November 2011.
Available to new Virgin Saver customers only. Limit 1 $50 bonus per customer. Eligible customers will have their $50bonus credited into their Virgin Saver account by 15 December 2011. The $50 bonus may be treated as assessable income and create a tax liability. This offer cannot be used in conjunction with any other Virgin Money offer, is not redeemable for cash, is not transferrable and may be amended by Virgin Money at any time without notice
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