Bank accounts
From everyday bank accounts that earn you points1 to savings accounts that earn bonus interest if you meet the monthly criteria– all managed with clever features in the Virgin Money app.{sub-heading}
Our rates are changing
Notice: From 18 February 2026, the Bonus Interest Rate on your Boost Saver will change to 3.65% p.a. on combined total balances of $250,000. Bonus Interest is earned when you meet monthly criteria each month.
Bank accounts for every kind of spender and saver
Virgin Money Go Account
Standalone transaction account
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Your everyday transaction account with no monthly account keeping fees and everyday points-earning ability.
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Account keeping
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Virgin Money Boost Saver
Bundled bank & save account
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Our highest bonus interest-earning savings account34 when you meet the monthly criteria. Comes linked with a Go Account.
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Earn up to
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across all your Boost Saver accounts up to a combined total balance of $250,000 when you meet the Monthly Criteria and turn on the Lock Saver Feature
Virgin Money Grow Saver
Standalone savings account
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The bank account for serious savers when you meet the monthly criteria and turn on the Lock Saver feature35.
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Earn up to
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when you meet the Monthly Criteria and turn on the Lock Saver Feature
Get to the points
Earn Virgin Money Points for spending, saving and sometimes just existing.{sub-heading}
Everyday banking, rewarding
Earn 8 Standard Points for every settled purchase using your debit card, direct debit and BPAY payment you make from your Go Account.1
Partnering up
You may get offers from brands such as Bonds or HERTZ, to earn Bonus Points when you shop with our retail partners12.
Taking a vacay
Book your hotel stay via the Virgin Money app for a one-way trip to Bonus Points town21.
Cashback your way
Convert a minimum of 500 points to money in your account14.
Pay with Points
Choose an eligible purchase, direct debit and BPAY payment (made in the last 90 days) to be paid for with the points equivalent to the purchase value15.
Travelling
Redeem points for flights with Virgin Airlines.38 Or transfer points to our travel program partners like Velocity Frequent Flyer.37
Gifting
Gift points to other Virgin Money customer's Rewards accounts17 or redeem points for gift cards16.
Your 5K Bonus Points bank-warming gift
If receiving gifts is your love language, you’re going to be very happy here. Open a new Virgin Money Go Account and we’ll welcome you with 5,000 bonus Virgin Money Points. Simply make a minimum of one settled debit card purchase, direct debit or BPAY payment in the first 30 days.5
5K points = $20 gift voucher16 from one of our many retail partners, including JB HiFi, Amazon, Woolworths and Bunnings.
Offer ends 31/01/26. New customers only.
We’ve literally put banking into your hands
Our banking app is half handheld Finance Bro and half cheerleader, encouraging you to build better money habits and save like a pro.{sub-heading}
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Spotlight on spending
Easily track and categorise your spending, stay on top of upcoming bills, and receive clever insights with real-time alerts to help you build good money habits.
Manage Your Money, Your Way!
Open accounts right in the app and take control of your spending and bills with ease. Track, organise, and customise your finances – all in one place, all on your terms!
Higher interest on lock
Enable the Lock Saver Feature on your Boost Saver or Grow Saver to earn additional Notice interest.
Grow Saver {banking-rates||gr4||rate}% p.a.35 or Boost Saver {banking-rates||b6||rate}% p.a.34 additional Notice interest.
Perfect for long-term goals when you don't need immediate access to your money. 32 days' advance notice applies to access funds. The Lock Saver feature is only available for customers over 18 years of age.
Set up for savings success
Put saving on autopilot by switching on the Round Up feature6, which rounds every Go Account transaction up to the nearest dollar and deposits the difference into your Boost Saver or Grow Saver account.
Digital wallet > actual wallet
Set up your digital wallet in the Virgin Money app to pay with a tap of your compatible devices and wearables.
Pay people instantly
Found a garage sale bargain or owe a mate for dinner? With Pay ID and Osko it’s never been easier or faster to pay anyone on the spot.
Who’s eligible for a Virgin Money bank account?
To apply for an account you must:
- Be over 14 years of age
- Be an Australian resident with an Australian residential address
- Must have an Australian mobile number
- Be the account holder and applying in your personal name(s) (the Account cannot be for a deceased estate, business, superannuation or trust and cannot be completed by an executor, administrator, attorney appointed under a power of attorney, or personal legal representative).
- Have at least one form of valid ID such as an Australian driver's licence. If we are unable to identify you, your application will need to be completed at Australia Post
Handy links
All the good stuff in one spot – jump straight to these links for the essentials. {sub-heading}
Find out about Virgin Money Rewards
Explore the Virgin Money App
Important Documents
Get in touch
Whether you need account help, app tips or reward questions, we’re just a call or message away.{sub-heading}
Call us
If you need help with your Go, Boost Saver or Grow Saver accounts, give our team a call.
In-app chat
If we are not available right away or it’s after hours, we’ll respond as soon as we’re back on deck.
Profile > Help & Support > Contact Us
Operating hours
Monday to Friday: 8am – 8pm AEDT
Saturday: 9am – 5pm AEDT
(Excluding public holidays)
Level up your savings game
Insights and tools to manage your money, save more and get rewarded.{sub-heading}
Learn more about our accounts
Virgin Money Go Account
The everyday transaction account that earns standard points for every settled eligible purchase using your debit card, direct debit and BPAY payment you make from your Go Account.1
Virgin Money Boost Saver
Our high-achieving, highest bonus interest-earning savings account when you meet our Monthly Criteria and switch on the Lock Saver Feature.34
Virgin Money Grow Saver
The ‘serious about savings’ account when you meet our Monthly Criteria and switch on the Lock Saver Feature35.
Banking that keeps up with you
Your money, your moves. Check balances, pay bills, and track spending – anytime, anywhere.
Frequently asked questions
Everything you need to know to get your new bank account up and running. {sub-heading}
Can I open a Virgin Money bank account online?
What do you need to open a bank account?
To open a new bank account with us you’ll need to be over 14 years of age, have an address in Australia, and send us at least one form of Australian ID – so we can confirm you are who you are. This could be something like your drivers’ licence or passport. Then you’re good to go.
Join through the Virgin Money app, or open an account online.
How do I open a joint bank account with Virgin Money?
When you apply to open an account online or through the Virgin Money app, you can select if you’re applying for a joint account.
We’ll then send a message to the person you want to open an account with, and the account will be opened once they’ve provided their details, including identification details. We’ll let you know when your account is open and ready to go.