Get our highest variable interest rate when you switch on our new Lock Saver Feature – perfect for those long term savings goals. Monthly Criteria, 32 days' notice period and T&C's apply34

Open an account in minutes

Virgin Money Boost Saver

1.15% p.a.
Base + bonus interest rate when you meet the Monthly Criteria2
0.45% p.a.
Notice interest rate with the Lock Saver Feature enabled34
Up to 1.60% p.a.
Highest variable interest rate*

*Highest variable interest is earned across all your boost savers up to a combined total balance of $250,000 when you meet the Monthly Criteria and enable the Lock Saver Feature. 32 day notice period and T&C's apply34

Features and benefits

A high interest savings account bundled with a seriously rewarding everyday transaction account. Smash your savings goals, your way.

Save smarter

Set up to 9 personalised savings goals, get clever insights and real-time alerts to help you build good money habits.

Round up to save up

Switch on the Round Up feature to save every time you make a purchase with your liked everyday Go Account. Saving made easy!6

Linked debit account

The Boost Saver comes linked with our seriously rewarding Everyday Go Account. It’s a debit card that rewards you with points on every purchase. Monthly Criteria and T&C’s apply.1

Save securely

Feel safe knowing your deposits are guaranteed up to $250,000 per customer by the Australia Government’s Financial Claims Scheme.22

Ready, set, lock

Holiday, new home, new car? Give your savings an extra boost with our newest Lock Saver Feature.

Earn an additional 0.45% p.a. variable Notice Interest Rate on those long-term savings goals. When you need access to your funds or want to make a withdrawal or transfer, just give us 32 days’ notice. It’s that simple34

Find out more

Interest Rates & Monthly Criteria

Keep the good times rolling

To activate 8 points per purchase, direct debit and BPAY payment on your Virgin Money Go Account, plus bonus interest on your Virgin Money Boost Saver, you need to meet the Monthly Criteria in the previous month. Here’s what you need to do each month:

Rate type Interest Rate (p.a.)

Highest Variable Interest Rate of
1.60% p.a.

This is made up of the variable Base rate of 0.05%p.a., Bonus rate of 1.10%p.a. and the Notice Interest Rate of 0.45%p.a. 

Base Interest Rate


Bonus Interest Rate and Monthly Criteria

Additional variable interest rate earned on all your Boost Savers, up to a combined total balance of $250,000, in the same name as your Go Account when you meet the Monthly Criteria:

  • Deposit at least $2,000 into your Go Account from another financial institution.
  • Make at least 5 purchases on your Go Account that settled in that month (not pending).

If you are under 25, our Monthly Criteria may be different. Refer to our Monthly Criteria in the Rates and Fees section for more information.


Notice Interest Rate

Additional variable interest rate earned on a Boost Saver where the optional Lock Saver Feature is enabled.

  • Provide 32 days’ advance notice to unlock your account or withdraw your money.

This feature may be suitable for savings you don’t need to immediately access to. For more information, go to our Lock Saver Feature website page.



For more information on our limits, fees and charges please click here.

Start banking like never before

Rewards like never before

Better rewards, better banking

Virgin Money Rewards3 is all about rewarding you, your way. Available on our transaction and savings accounts, it bundles Virgin Money Points, epic perks and great experiences. And you’ll be able to bank, spend and save in all the ways you’d expect – on one sweet, simple app.

Rewards your way

Be rewarded when you spend – and when you don't!3

Rewards every day not just someday

We love the little things, just as much as the big things. So don't be surprised if we reward you with points, perks or great experiences for things like your birthday, reaching a milestone, or just to say thanks3.

Boost your rewards

Earn bonus points with loads of red hot partner offers12 and in app hotel bookings at great prices21.

Use your points your way

Transfer them for cash14 back into your account, use them to pay for purchases you've already made15, or even redeem them for a gift card from your favourite brand16 – it’s up to you. Now that’s rewarding.

Get money fit

Getting money fit shouldn’t make you sweat. We’ll be your virtual cheer squad, helping you build better money habits and have some fun along the way (no push-ups required).

Easily track and categorise your spending

Know when your bills are coming up

Switch on the Lock Saver Feature to earn additional interest on your long term savings goals34

Round Up6 your spare change to save like a pro

Get clever insights and real-time alerts to help build good money habits faster

Set up to 9 personal savings goals

Amazingly simple banking

Designed for mobile, made for you.

Our intuitive app puts your money in your hands.

Set up your digital wallet, link Apple Pay7, Google Pay8 & Samsung Pay9 and start spending straight away

Pay your mates and transfer money instantly with Pay ID and Osko

Log in securely with fingerprint or face ID – just tap or smile

We’re always close by with in-app customer service chat

Get rewarded today with 20,000 bonus Virgin Money Points25

Get rewarded every day when you take out a new Virgin Money Go Account. Plus, we’ll give you 20,000 bonus points when you spend $100 or more with your card in your first 30 days (purchases must settle, not pending). That’s enough for a $100 gift voucher with loads of partners24.

All good things must come to an end. This one ends 31 May 2022.

Get Go'ing today


Still have some questions? Let’s see if we can answer them for you now.

  • Q. Do I have to download the app in order to apply for my account?

    In short: yes and no. You can apply for an account through either the Virgin Money mobile app or our website. But you’ll need to download the app to manage your account.

    We’ve designed the Virgin Money mobile app so you can bank like never before. It’s amazingly simple banking, so you can manage your money simply and securely, wherever and whenever you are. Give it a try! (And if you don’t love it, tell us why and we’ll do everything we can to make it better for you).

  • Q. Can I get a Virgin Money Boost Saver without a Virgin Money Go Account?

    Sorry, no. You can’t get a Boost Saver without a Go Account. But you can get rewards on your everyday purchases with our Go Account and a high interest savings accounts to help you manage your money your way. There aren’t many banks that reward you for everyday purchases in your bank account, but we do! And with no monthly fees.

    If you don’t need an everyday bank account, but still want the perks of a dedicated savings account, check out our Virgin Money Grow Saver, which is our next highest interest savings account. Check it out here. Check it out here

  • Q. When will my bonus interest get applied on my Virgin Money Boost Saver?

    Your bonus interest will be activated on the first day of each month when the Monthly Criteria has been met in the previous month. Keep in mind, if you are making your 5 purchases to activate your bonus interest (and 8 points per purchase on your Go Account), your purchases will need to settle (that means not ‘pending’) in your account that month. If it’s still pending at the end of the month, you won’t get your points or your bonus interest.