Holly Mckay
Holly MackayFounder and CEO
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    Home • ISAs and Investment Accounts • Virgin Money

    Is Virgin Money good for investing?

    Independent review by Boring Money

    Looking to invest with Virgin Money? Our comprehensive review explores everything you need to know about Virgin Money's investment offerings, including their fees, investment options, and whether they're the right choice for your financial goals.

    Key Takeaways:

    • Virgin Money offers a simplified investment approach with four ready-made portfolios

    • Total fees range from 0.70% to 0.75% annually

    • Ideal for beginners seeking a hands-off investment experience

    • Limited options compared to traditional investment platforms

    • Backed by a major UK bank serving over 6.5 million customers

    Investment Options Available

    Virgin Money provides several account types for investors:

    • Stocks & Shares ISA

    • Pension (SIPP)

    • General Investment Account (GIA)

    Their platform focuses on four main investment portfolios:

    • Careful Defensive (Very low risk)

    • Cautious Growth (Lower risk)

    • Balanced Growth (Medium risk)

    • Adventurous Growth (High risk)

    Who Should Consider Virgin Money?

    Virgin Money's investment platform is particularly suitable for:

    • First-time investors seeking simplicity

    • Those preferring a hands-off approach

    • Investors comfortable with ready-made portfolios

    • People looking for a recognized brand name

    Fee Structure Overview

    Virgin Money's fee structure is straightforward with two main charges:

    • Account charge: 0.30% per year

    • Investment management charge: 0.40-0.45% per year

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    Boring Money conducts rigorous, year-round testing on Virgin Money using our live account. Get total access to our research-backed views, information on costs, charges and more!

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    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.