Virgin Money Grow Saver (Lock Saver, 32-day notice, 18 or over)
If you don't need an everyday bank account, but you're after the benefit of a dedicated high interest savings account, a Grow Saver has your name all over it.
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Details
| Field | Value |
|---|---|
| Base | 2.25% |
| Ongoing | 5.50% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 1 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | 0 |
| W/d/mth | 1 |
| Min age | 18 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 2.25% | Whole balance | All balances |
| Ongoing total, conditions met | 5.50% | Whole balance | All balances |
Source: noren.com.au
Bonus requirements
For Virgin Money Grow Saver (Lock Saver, 32-day notice, 18 or over), meet these requirements to earn the ongoing total rate shown above.
- Make at least one deposit and no more than one withdrawal into this Grow Saver during the same calendar month. The ongoing bonus applies to all credit balances.
- Enable Lock Saver to earn the separate notice increment on all credit balances. A 32-day notice period is required to access funds. The notice increment stops as soon as unlocking is requested, including throughout the waiting period. If monthly criteria fail, only base plus the enabled-lock increment is earned.
Qualification timing: Requirements are assessed in the current month. Check the settlement deadlines and exclusions in the requirements.
Fees
| Fee | Amount | Details |
|---|---|---|
| Monthly account fee | $0 | Monthly account fee. |
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 29 Oct 2026 | 2.25% | 5.50% | - |
Source: noren.com.au
Eligibility
- You must be at least 14 years of age to apply for a Virgin Money Grow Saver
- Australian resident: Australian resident
- Personal use, Australian residential eligibility and Virgin Money app required. Joint and individual account groups qualify separately. Base comparison assumes the relevant shared bonus allowance is available.
- Lock Saver is an optional adult-only feature, no under-18 locked scenario is offered.
Similar products
Tools & support
Things you should know
- This is a notice savings product: allow 32 days before accessing withdrawn funds. It is not instant-access savings.
- Introductory and ongoing offers may have different eligibility and balance limits.
Collected on 30 Oct 2026. Pricing verified on 31 Oct 2026.