Firstly, the Club M account offers a competitive 2.02 percent interest rate to savers. This is available on balances which are up to £1,000. Interest is paid monthly on this account.
This, though, is not all when it comes to this account, and it is also linked to what Virgin Money calls the Club M Saver. Here, Britons can expect an interest rate of 0.50 percent.
However, this is a limited time deal as this particular rate is only available up to September 23, 2021, leaving Britons with just days to get some sort of benefit.
Britons should note that from September 24, 2021, the interest rate will change to 0.35 percent AER – 0.35 percent gross per annum variable.