Visual working memory (VWM) plays a fundamental role in cognitive processes, such as perception, attention, and reasoning. However, existing approaches to modelling VWM are not integrated into cognitive architectures and lack interpretability with respect to their parameters. To address this limitation, we propose a novel VWM model based on the well-established Semantic Pointer Architecture (SPA). In contrast to previous works, our model is the first to integrate a VWM model with a cognitive attention model. It only requires three interpretable hyper-parameters: spatial capacity, feature certainty, and memory decay. We experimentally show that our base model without memory decay replicates the set-size effect and swap errors of human data on a continuous reproduction task. More importantly, we show that by introducing a memory decay, we can achieve a statistically significant (p ≪ 0.001) improvement in model fit, suggesting a potentially important role of memory decay in VWM. Further, our VWM model can be easily extended to model pre- and post-cue conditions, consistently achieving KL divergence between modelled and human performance of less than 0.05.