Zero monthly fees. Maximum rewards. Go for an everyday Virgin Money Go Account.
Get 5,000 bonus Virgin Money Points5 when you make a purchase, direct debit or BPAY payment (which settles) in the first 30 days on your new Go Account. Ends 31/10/21.
Enjoy up to 1.20% p.a. with your Virgin Money Boost Saver
Your everyday Virgin Money Go Account comes neatly bundled with a Virgin Money Boost Saver. It’s the perfect pair to help you smash your goals sooner.
You’ll get our highest variable interest rate of up to 1.20% p.a.2 on your Boost Saver, up to a combined total balance of $250,000, when you meet the Monthly Criteria each month (see below).
Keep the good times rolling
To unlock 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:
|Virgin Money Points for every purchase, direct debit and BPAY payment when you meet the Monthly Criteria.||8 Points|
Important Information on Virgin Money Rewards Points for Go Accounts:
- Virgin Money Rewards Points can be unlocked on all your Go Accounts in the same name when you cumulatively meet the Monthly Criteria outlined below. For clarity, if you hold an account(s) in your name as an individual, and an account(s) in two names (joint account), you will be required to meet the Monthly Criteria on each account type (individual and joint) to unlock the benefits for both.
- Virgin Money Rewards Points for Joint Accounts will be split and evenly allocated to both joint account holders of that account.
The Monthly Criteria vary by age and includes a minimum deposit and minimum number of transactions each month that must be made into a Virgin Money Go Account that is issued in the same name. Simply meet the following criteria each month to unlock your bonus interest benefit for the following month.
|Age group||Monthly Criteria|
|14 – 17 years||There are no criteria required to unlock the benefits. You’re already good to go.|
|18 – 24 years
||Deposit $1,000 or more from an external account into your Virgin Money Go Account and make at least 5 purchases, direct debits or BPAY payments which settle in that month (not pending). Ready? Go.|
|Over 25 years
||Deposit $2,000 or more from an external account into your Virgin Money Go Account and make at least 5 purchases, direct debits or BPAY payments which settle in that month (not pending). Let’s go!|
For more information on our limits, fees and charges please click here.
Start banking like never before
Drum roll…Introducing Virgin Money Rewards
It’s new and it’s all you. 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.
Whether you’re spending big, saving hard, or simply building better money habits, we’re all for recognising and rewarding you every day, not just someday.
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).
Designed for mobile, made for you.
Our intuitive app puts your money in your hands.
Still have some questions? Let’s see if we can answer them for you now.
Q. What does it mean when I see the Visa secure badge when I’m shopping online?
Visa has developed a program that helps confirm your identity when you make an online purchase. This service is aimed to make shopping online more secure by protecting against unauthorised use of your Visa card. There’s no need to download anything, install software or register. During an online purchase from your desktop, mobile or other digital device, you may be guided through an extra check to verify your identity. This helps your issuer ensure you’re you and better protects you from fraud.
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. The app is designed for amazingly simple banking, so you can manage your money easily and securely, wherever you are and whenever you want. 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 Go Account without a Virgin Money Boost Saver?
The Go Account and the Boost Saver are a perfect pair and come bundled when you open a new Go Account. You can get points on your everyday transaction account as well as a high interest savings account (when you meet the Monthly Criteria). We’ve put them together to help you create better money habits and have some fun while you do.
That said, if you are an existing Virgin Money customer who already holds a credit card or a Virgin Money Grow Saver, then yes, you can take out just a Go Account through the app.
If you’re not looking for an everyday bank account, but still want the perks of a dedicated savings account, you might want to check out our Virgin Money Grow Saver - our next highest interest savings account. Check it out here.
Q. When will I get my card?
Give it about 5-7 days for your new Virgin Money Go Account card to arrive at your door. But please, don’t wait on us! You can add your Go Account to Google Pay, Samsung Pay, or Apple Pay, via the app, to get started right away.
Q. How do I add my Virgin Money Go Account card to my digital wallet?
Easy as. Just head to the ‘Profile’ section of the mobile app then, ‘Manage Cards’ and select ‘Go Account’. Select your preferred digital payment option, follow the steps, then you’re good to go.
Q. Are there any differences in how I use my new card?
For the most part, your new Virgin Money debit card will work in the same way as any other debit card. You can use Apple Pay, Samsung Pay or Google Pay, withdraw cash at ATMs, and of course, you can also just tap your card. If you ever need to swipe or insert your card, you’ll need to press 'credit' to make sure it goes through. If you press cheque or savings, it may not work. Don’t worry though, ‘credit’ doesn’t mean we’ll be extending you any credit. It’s just how that particular EFTPOS machine works.
If you need to take out physical cash from your account, you’ll need to do this at an ATM. You won’t be able to get cash out from places like a supermarket or petrol station.
Q. How long does it take to receive my 8 points per purchase into my Virgin Money Go Account?
Not long at all, You'll get your points normally within 24 hours after the purchase has settled (AKA no longer ‘pending’) in your account.. It’s the same deal if you’re making your 5 purchases to meet the Monthly Criteria to unlock your monthly benefits. Your purchases will need to settle in your account that month before your reward is unlocked for the next month.