Important information: Terms & Conditions apply and are available by clicking here. As this is an online account we can only accept electronic deposits and cheques, and all withdrawals must be made to your nominated linked account. While there are no fees payable on your Virgin Saver Account whatsoever, fees may apply to your nominated linked account. Please check with the relevant financial institution where your nominated linked account is held. Any advice is of a general nature only. We haven’t taken into account your objectives, financial situation, or needs when preparing it. Before acting on this advice you should consider if it's appropriate for your situation. Details about our dispute resolution system can be found by clicking here.

The calculator is supplied by InfoChoice Ltd for illustrative purposes and shouldn’t be relied upon as an exact reflection of the Virgin Saver product. The projected savings amount assumes interest is calculated and paid at the same frequency at which deposits are made. The default interest rate shown is the current Virgin Saver variable ongoing rate. The interest rate entered is assumed to stay constant over the entire period. This projection does not take into account any fees, taxes or inflation. Introductory interest rates may apply to an account and could change at any time.

Virgin Money (Australia) Pty Limited ABN 75 103 478 897 AR No 280884 promotes and distributes Virgin Saver as an Authorised Representative of Virgin Money Financial Services Pty Ltd ABN 51 113 285 395 AFSL No. 286869. Citigroup Pty Limited ABN 88 004 325 080 AFSL No. 238098 (“Citibank”) is the issuer of Virgin Saver.

* The variable 5.85% p.a. introductory rate is available for 4 months from date of account opening to new customers with balances of $150,000 and under only. For balances over $150,000 the variable introductory rate is 4.85% p.a. on the entire account balance during the introductory period. If your balance is less than or equal to $150,000 but increases beyond $150,000 during the introductory period your variable introductory rate will be 4.85% p.a. on the entire account balance for the remaining introductory period that the balance remains above $150,000. At the end of the 4 month introductory offer period for all new customers the rate will revert to the variable ongoing rate, currently 4.65% p.a. Rates are effective from 13/12/11 and are subject to change at any time.

# Total balances of $1 million or less will automatically access (fee free) the Australian Government Guarantee under the Financial Claims Scheme until 1 Feb 2012. As Citibank issues the Virgin Saver and is the registered ADI under the Financial Claims Scheme, the sum of all balances held in Virgin Saver and any other Citibank accounts will be covered by the Australian Government Guarantee up to a maximum of $1 million per person. From 1 Feb 2012 the Financial Claims Scheme threshold will reduce to $250,000. For more information go to www.apra.gov.au or call 1300 55 88 49.

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