VIRGIN SAVER REVIEW
Virgin Saver - Savings Account
(Which Way To Pay - 18/11/2011)
Virgin Saver is an online saving account, which the Money Magazine voted as “Best Saving Account 2011”.
 
The Virgin Saver is a free account, no fees whatsoever are involved. Unlimited withdrawals and unlimited deposits make it very attractive - and the online or phone self service with access round the clock give busy people the opportunity for banking in their own time.
 
To open the account takes no more than ten minutes. After opening it, one gets the first 4 month a very seductive 6,12% p.a. variable rate. But afterwards the rate of 4,90% p.a. still is one of the best around. And if you choose to set up an Automatic Saving Plan, Virgin will give you an extra $50 bonus.
 
Saving without worries is made possible by the Australian Governments Guarantee– up to $1 Million of all savings are covered.
 
However – all withdrawals must be made to a nominated linked account, for which fees might be charged.
Virgin Saver is ranked 3 out of 5. Based on 1 review.

3 Star Rating
    
REVIEW RATINGS EXPLAINED
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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SAVINGS ACCOUNT
Virgin Saver