Virgin Dropping Rates

redmalc

Virgin Internet Saver dropping rate from 1,41% To 1,21% from January 2015,just received notification

black_taxi_2

The chancellor upping isa saving rate to 15k,then taxing 30% + early withdrawal is the biggest scam going

Stompa

black_taxi wrote: »

The chancellor upping isa saving rate to 15k,then taxing 30% + early withdrawal is the biggest scam going

I must have missed that one, do you have details?

nilrem_2

Stompa wrote: »

I must have missed that one, do you have details?

I would like to know about this too! I understood that ISAs were tax free?

nilrem_2

redmalc wrote: »

Virgin Internet Saver dropping rate from 1,41% To 1,21% from January 2015,just received notification

Just received the email too, very disappointing!

2010

nilrem wrote: »

Just received the email too, very disappointing!

Ditto but where to go?

They have a 1 year fixed e bond at 1.65% gross but I don`t really want to fix anymore.
Gov`s FLS has put the kibosh on rates for the last two years and the forseeable future.
Won`t be getting my vote.
Too much pandering to borrowers.

2010

http://www.nsandi.com/savings-65plus

talexuser

For a joint investment in pensioner bonds I assume both parties must be over 65?

2010

talexuser wrote: »

For a joint investment in pensioner bonds I assume both parties must be over 65?

Tells you on the link.

Who can invest?

• Anyone aged 65 or over
• Invest by yourself or jointly with one other person aged 65 or over

grimsalve

2010 wrote: »

Ditto but where to go?

They have a 1 year fixed e bond at 1.65% gross but I don`t really want to fix anymore.

Same here. I was expecting Virgin to drop the rate (imo, 1.41% gross wasn't exactly generous anyway). Just to add insult to injury, apparently Virgin think the new 1.21% rate is "good value" :rotfl:

Not sure what to do at the moment.

ColdIron

2010 wrote: »

Ditto but where to go?

They have a 1 year fixed e bond at 1.65% gross but I don`t really want to fix anymore.

Instant Access with bonus
http://moneyfacts.co.uk/savings/easy-access-savings-accounts/

Instant Access with no bonus
http://moneyfacts.co.uk/savings/instant-access-savings-accounts/