Customers who were paid the wrong amount of interest will be paid a £20 lump sum by Virgin.
The company revealed it has incorrectly calculated interest on balances under £1,000 since 27 January 2015 in an email to customers.
I’m a customer – how do I get my £20?
You should have already had £20 added to your balance on Monday 6 March.
If you haven’t but your account was below £1000 at anytime since January 2015, you can call Virgin Money customer services on 0345 850 2307.
If you had an E-Saver account but have closed it Virgin Money claims it will be in touch.
However, you can also contact them using the customer service number.
“Rest assured we have corrected the interest rate on your account and from now on, you’ll earn the right amount of interest on your savings. Please accept our apologies for this error,” Virgin said in its email to customers.
Martin Lewis also recently revealed how to get a free will and save £500.
Solicitor-drafted wills are the gold standard, and normally cost £120 or more.
But, if you’re over the age of 55, this March is Free Wills Month.
This means, solicitors in 27 locations in England and Wales, including Blackpool, Cardiff, Liverpool, Sheffield and London, will draft a will for you for free.
He also explained why you should switch to the new money saver ISA.
Help to Buy (H2B) ISAs are currently available for the benefit of first-time buyers saving for a mortgage deposit.
But the new tax year will bring with it a brand new ISA – the Lifetime ISA (LISA).
Martin explained: “If you put £4,000 a year in the LISA, they add another 25 per cent on top.
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