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    • mgarl10024
    • By mgarl10024 7th Mar 17, 7:36 AM
    • 584 Posts
    • 392 Thanks
    mgarl10024
    There has been five regular savers
    I am hoping Branch Issue 3 is imminent.
    Originally posted by Westie983
    I am hoping Online Issue 4 appears in April, as the MatchDay one seemed to be out of the pattern.
    • Jo Blogs
    • By Jo Blogs 10th Mar 17, 4:45 AM
    • 751 Posts
    • 2,593 Thanks
    Jo Blogs
    It's the 10th and still no changes / additions to the Virgin RS's available. It remins as:

    Matchday E Saver Issue 1 £250 pm 2.25%

    Store version for those who can easily get to one. (Issue 1)

    Regular E-Saver Issue 3 £250 pm 2.25%

    Store version for those who can easily get to one. (Issue 2)

    There have, however, been additions made to the CashIsa and fixed term accounts now presently available
    Last edited by Jo Blogs; 10-03-2017 at 5:01 AM.
    Saved Nitty Gritty £7440.75 [149%] / £5000-[Sep] £58.44 for the 'Save 12k in 2017' #157
    2017 Womble #35 £3463.27 Sept NSDs 4/15CCCChl 9/12 months
    Sept PPChl#002 Pts 71
    • stevec59
    • By stevec59 10th Mar 17, 11:26 AM
    • 206 Posts
    • 15 Thanks
    stevec59
    Hi, I'm sure it's here somewhere, how do I workout interest on regular saver, I'm looking at HSBC £250pm over 12 month=£3000 plus £81.58 interest, the rate is 5 % but as your not saving £3000 for 12 months it doesn't actually work out any where near that.

    Many thanks
    • agentk
    • By agentk 10th Mar 17, 11:32 AM
    • 164 Posts
    • 142 Thanks
    agentk
    http://www.moneysavingexpert.com/savings/best-regular-savings-accounts bottom of page
    3.55kw 2 systems 2.3 se 1.25 sw installed may 2011 and oct 2011..

    I have never been mis sold anything but i have bought a few things i didnt need!
    • Marvo5
    • By Marvo5 10th Mar 17, 11:32 AM
    • 89 Posts
    • 79 Thanks
    Marvo5
    Hi, I'm sure it's here somewhere, how do I workout interest on regular saver, I'm looking at HSBC £250pm over 12 month=£3000 plus £81.58 interest, the rate is 5 % but as your not saving £3000 for 12 months it doesn't actually work out any where near that.

    Many thanks
    Originally posted by stevec59
    It's roughly half as that's the average amount you'll have in there. £3000 at 5% if it was there all year would give you £150 so......
    • stevec59
    • By stevec59 10th Mar 17, 4:53 PM
    • 206 Posts
    • 15 Thanks
    stevec59
    That just tells me that if I save a certain amount per month at a certain % interest that I will get so much interest, it doesn't tell me how to calculate the interest.

    HSBC £250pm over 12 month=£3000 plus £81.58 interest, the rate is 5 % but as your not saving £3000 for 12 months it doesn't actually work out any where near that.
    If I do a rough calculation, £3000 + 2% = £60, I was trying to work out if I'm better off with Atom ( who have just dropped the rate for 1Yr Fix), or Regular saver, as I'm switching to HSBC for the incentive I might as well do the Regular saver
    Last edited by stevec59; 10-03-2017 at 4:58 PM. Reason: More information
    • stevec59
    • By stevec59 10th Mar 17, 5:03 PM
    • 206 Posts
    • 15 Thanks
    stevec59
    Thanks Marvo5, You're about right,

    £3000 =2.5% = £75, so slightly more than 2.5%.

    Are there any 'Stand Alone' 5% reg savers?In other words one's that you don't need to have a current account with, I know Saffron Waldon B?s are doing 3.5% fix
    • ColdIron
    • By ColdIron 10th Mar 17, 5:10 PM
    • 3,378 Posts
    • 3,957 Thanks
    ColdIron
    If you have a calculator handy this should get you pretty close

    Total amount * interest rate / 12 * 6.5
    • Ken68
    • By Ken68 10th Mar 17, 5:25 PM
    • 6,265 Posts
    • 3,970 Thanks
    Ken68
    Branch issue 3 is not available in my local store this am. They will let me know.
    So signed up for Matchsaver instead which I thought was the most recent R.S.
    • stevec59
    • By stevec59 10th Mar 17, 6:32 PM
    • 206 Posts
    • 15 Thanks
    stevec59
    I've not heard of Matchsaver,what's the rate on that?
    • Frogletina
    • By Frogletina 10th Mar 17, 7:08 PM
    • 2,877 Posts
    • 10,447 Thanks
    Frogletina
    I've not heard of Matchsaver,what's the rate on that?
    Originally posted by stevec59
    It's 2.25%
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first

    SPC 8 #441 £1567.31 SPC 9 #441 £1014.64
    • Eco Miser
    • By Eco Miser 10th Mar 17, 7:57 PM
    • 2,984 Posts
    • 2,764 Thanks
    Eco Miser
    Hi, I'm sure it's here somewhere, how do I workout interest on regular saver, I'm looking at HSBC £250pm over 12 month=£3000 plus £81.58 interest, the rate is 5 % but as your not saving £3000 for 12 months it doesn't actually work out any where near that.

    Many thanks
    Originally posted by stevec59
    Monthly amount * 6.5 gives the average balance, so (monthly amount * 6.5 * AER interest rate) is the closest you'll get without taking into account the varying days in a month and precisely when in a month the account is funded.
    The 6.5 (months) is the average length of time a subscription is in the account (12 months for the first, 1 month for the last)
    Eco Miser
    Saving money for well over half a century
    • chaotic_j
    • By chaotic_j 10th Mar 17, 9:59 PM
    • 338 Posts
    • 112 Thanks
    chaotic_j
    If I want to open two accounts - Matchday Saver Issue 1 and Regular Saver Issue 2 in store at Virgin Money, does anyone have an inkling how long it might take?

    Trying to work out if I'd have time to travel from work.. to the store in a neighbouring town and then get back within my 1 hour lunch..

    I've already opened the two online ones.. so I guess I'm an existing customer now? May expedite things a tad?
    • schiff
    • By schiff 10th Mar 17, 10:46 PM
    • 17,611 Posts
    • 8,919 Thanks
    schiff
    I don't think it will. I phoned to see if I could make an appointment and asked if the fact I had two store accounts and three online accounts made it advisable to bring ID. Yes, passport or driving licence. Seems excessive but they are the boss.

    What can take time is them going through the lengthy spiel about the T&Cs and your money being protected etc. If you can persuade them to miss that out, which I doubt as it's probably a legal requirement, that may quicken it up.
    Last edited by schiff; 10-03-2017 at 10:49 PM.
    • Frogletina
    • By Frogletina 11th Mar 17, 12:21 AM
    • 2,877 Posts
    • 10,447 Thanks
    Frogletina
    I don't think it will. I phoned to see if I could make an appointment and asked if the fact I had two store accounts and three online accounts made it advisable to bring ID. Yes, passport or driving licence. Seems excessive but they are the boss.

    What can take time is them going through the lengthy spiel about the T&Cs and your money being protected etc. If you can persuade them to miss that out, which I doubt as it's probably a legal requirement, that may quicken it up.
    Originally posted by schiff
    I am an existing customer. While the adviser was dealing with the application on the computer, she gave me her ipad to read the terms and conditions, etc, which I did by the time she had finished

    frogletina
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first

    SPC 8 #441 £1567.31 SPC 9 #441 £1014.64
    • Ken68
    • By Ken68 11th Mar 17, 7:56 AM
    • 6,265 Posts
    • 3,970 Thanks
    Ken68
    My interview on Friday took about half an hour, and the Terms and Conditions were printed off, and some discussion with a colleague as to whether Issue 3 was available YET.
    Tea or coffee and a bikky supplied.
    • badger09
    • By badger09 11th Mar 17, 2:35 PM
    • 5,124 Posts
    • 4,339 Thanks
    badger09
    I've not heard of Matchsaver,what's the rate on that?
    Originally posted by stevec59
    http://forums.moneysavingexpert.com/showpost.php?p=72150045&postcount=401

    Just a little further up this thread
    • stevec59
    • By stevec59 11th Mar 17, 4:39 PM
    • 206 Posts
    • 15 Thanks
    stevec59
    Direct link to Virgin Money Matchday

    http://uk.virginmoney.com/savings/find/matchday_e_saver_issue_1/overview/
    • mhoc
    • By mhoc 16th Mar 17, 11:25 AM
    • 16,478 Posts
    • 192,887 Thanks
    mhoc
    This is an odd one.

    From our joint current account I started a joint Flexclusive saver 3 months ago - up to £500 a month 5% interest and it expires in January next year.

    Then in February I spotted a Nationwide regular saver 5% so I wondered if I could open it from my own personal nationwide Flexdirect and the system let me open the account and also the standing order went through at the start of the month.

    This morning I had a weird cash addition to the account and they have cancelled the new Nationwide regular saver 5% as apparently I cant have 2 - even though the current accounts are different and the savings accounts are not the same thing either - different names.

    Back last year my OH opened a Flexclusive regular saver from his own current Flexdirect and this is going to mature in April - so for the last few months technically he has had 2 regular savers - again there seemed to be nothing to stop this.

    I am expecting a letter from Nationwide shortly, don't know wether its worth arguing my case
    “Create all the happiness you are able to create; remove all the misery you are able to remove. Every day will allow you, --will invite you to add something to the pleasure of others, --or to diminish something of their pains.”
    • Jo Blogs
    • By Jo Blogs 16th Mar 17, 2:58 PM
    • 751 Posts
    • 2,593 Thanks
    Jo Blogs
    Virgin Money NEW RS's
    Virgin Money - New as from today

    Regular E-Saver Issue 4 £250 pm 2.25%

    There's also a parallel Store version for those who can easily get to one. (Issue 3)

    http://uk.virginmoney.com/savings/find/results/#all (easy access)
    Last edited by Jo Blogs; 16-03-2017 at 3:09 PM.
    Saved Nitty Gritty £7440.75 [149%] / £5000-[Sep] £58.44 for the 'Save 12k in 2017' #157
    2017 Womble #35 £3463.27 Sept NSDs 4/15CCCChl 9/12 months
    Sept PPChl#002 Pts 71
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