The lender, which is in the process of a £2.9bn takeover by Nationwide, told investors on Tuesday it anticipates 'downward pressure' on its net interest margin.
The Virgin Money bonus interest rate of 10% gross/10.47% AER (fixed) is available on balances worth up to £1,000 for a year, so this would generate £100 in interest
The Martin Lewis Money Show star, who has stints on Good Morning Britain, This Morning and the Martin Lewis Money Show, spoke out on his latest podcast episode.