Virgin Money offers 2.5% on one-year fixed savings account - with a Man Utd shaped catch

21 July 2016
Virgin Money offers 2.5%

Virgin Money have hit on a strange idea - they've launched a new savings account which offers a rate of 2.5%, but that's only if Manchester United win the 2016/17 Premier League title.

The 'Champions Bond' is fixed for one year at 1.25%, but if Man Utd win the league, it unlocks your bonus.

Feel free to add your own jokes about how no-one will ever see the 2.5% rate.

Anyway, if you're a Manchester United fan, and want to switch, you can open the account with £1 online or in a branch.

In addition to this, Champions Bond customers will also be entered into a 'United Rewards' scheme, so you'll be able to win tickets for games at Old Trafford, signed replica shirts, hospitality tickets, and all that stuff.

Rajesh Ahuja, savings director at Virgin Money said: "The Manchester United Champions Bond offers savers a competitive interest rate, with a potential win bonus where they can double their interest earned if the club wins the Premier League next season."

"Combined with the prizes available through the United Rewards scheme, which are exclusively for customers, we think this is a real winner for savers."

Of course, this is a completely rubbish bank account for the rest of the world that actively hates Manchester United.

No fear though, as the fixed-rate one year 1.25% rate is beaten by loads of other bank accounts, so non-ManU fans can safely ignore this.

Atom Bank offer 2%, while Chartered Savings Bank will give you 1.79%. You can get 1.5% with Britannia too.

That said, if Manchester United do end up winning the league, then the 2.5% deal is the best on the market.

TOPICS:   Banking

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