Virgin Money has teamed up with Virgin Red to offer customers Virgin Points when they invest £2,000 or more into a new or existing Virgin Money Stocks and Shares ISA.
Virgin Money has teamed up with Virgin Red to offer customers Virgin Points when they invest £2,000 or more into a new or existing Virgin Money Stocks and Shares ISA between 15 January and 30 April 2024. Customers must keep their money invested until at least 31 October 2024 to earn their Virgin Points.
The more a customer invests, the more Virgin Points they will receive:
| Amount invested minus withdrawals & transfers out | Virgin Points reward |
|---|---|
| £2,000 to £4,999.99 | 1,000 |
| £5,000 to £9,999.99 | 5,000 |
| £10,000 to £19,999.99 | 10,000 |
| £20,000 to £49,999.99 | 20,000 |
| £50,000+ | 50,000 |
The investment can be made up of:
- One off payment by debit card, Direct Debit or cheque*
- Monthly direct debit payments
- Transferring from another ISA provider (this includes Virgin Money Cash ISAs).
Plus, as a thank you for their loyalty, during this offer, existing Virgin Money customers will earn an extra 1,000 bonus points if they invest £2,000 or more and keep it invested until at least 31 October 2024. To qualify as an existing customer, they must hold one of the following products before 15th January 2024: a Stocks and Shares ISA, a personal current account, personal savings account, personal credit card, Investment Account, cash ISA, personal mortgage, personal loan or pension.
Joining Virgin Red is quick, easy and totally free – and there are hundreds of rewards to spend points on from sausage rolls and cinema tickets to flights, hotels, concert tickets and extraordinary experiences. Plus, Virgin Points can be redeemed with Virgin Trains Ticketing against the cost of people’s train fares.
Promotional codes will be emailed out during November 2024 with information on how to sign up to Virgin Red (if customers haven’t registered already) and redeem the points.
Jonathan Byrne, chief executive officer at Virgin Money Investments, says: “Teaming up with Virgin Red on this exciting offer allows us to reward both new and existing Virgin Money Stocks and Shares ISA customers via Virgin Points. Whether you’re an experienced investor or are giving it a go for the first time, our straightforward investment service will help to give you the confidence you need to make the most of your money.”
Andrea Burchett, chief loyalty officer and managing director for Virgin Red, says:: “We’re delighted to join forces with Virgin Money to offer Virgin Points for investing in Virgin Money’s Stocks and Shares ISA. Virgin Points can be spent on hundreds of rewards across both Virgin Red and Flying Club. In fact, 50,000 points could get you two return flights to New York**, tickets to the Virgin Red Room at the AO Arena or even 250 sausage rolls!”
Find out more about Virgin Money’s Stocks and Shares ISA.
Find out more about Virgin Red or download the Virgin Red app on a smartphone.
* Customers who opened a Virgin Money Stocks and Shares ISA after 1st January 2023 can only pay in by debit card, monthly payments via Direct Debit or transfer in.
** Reward flights are subject to availability. Taxes, fees and carrier-imposed surcharges apply, will depend on choice of cabin, departure airport, date(s) of travel and destination and are subject to change. Virgin Atlantic Flying Club membership also required.