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.

*4.75% variable ongoing rate applies to customers who take out a Virgin Saver product from 14 May 2012.

For customers who opened a Virgin Saver product prior to 14 May 2012 the following rates apply:

• A variable 5.35% p.a. introductory rate for 4 months from date of account opening for customers with balances of less than $150,000.
• For balances $150,000 and over the variable introductory rate is 4.35% 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 4.35% p.a. on the entire account balance for the remaining introductory period that the balance remains above $150,000.
• A variable ongoing rate of 4.65%p.a. applies to all Virgin Saver Accounts opened prior to 14 May 2012 and are outside of the introductory period.

# Total balances of $250,000 or less will automatically access (fee free) the Australian Government Guarantee under the Financial Claims Scheme. 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 $250,000 per person. For more information go to www.apra.gov.au or call 1300 55 88 49.

You should consider if the Virgin Saver is right for you and read the terms and conditions available at virginmoney.com.au. Please note that to read our PDF forms you will need to have Adobe Reader installed on your computer.