Regular Saver Thread **New and Restarted**

antrobus

Sorry. I was posting b0ll0x.

greenglide

Not all Virgin Money stores handle cash,

A bit like a supermarket that doesn't sell food then?


It does seem an extremely odd concept!

acc

pafpcg wrote: »

As to the withdrawal of Issue 12 of the online Virgin Money Regular E-Saver, that's probably because Virgin Money don't want complaints from unhappy customers who open the account at 2.25% and discover that the Store version is paying more interest.

Would customers who opened earlier issues at 2.25% be happy with Virgin Money if they increase the rate to 2.5% or unhappy that the increase is not to 3%?

ariarnia

Would someone mind letting me know what documentation you need to open a VM regular saver account in store? I've only ever opened them online.

I've got bank statements from my current account and a passport which is due to expire in a couple of weeks (waiting for post-brexit to renew).

schiff

ariarnia wrote: »

Would someone mind letting me know what documentation you need to open a VM regular saver account in store? I've only ever opened them online.

I've got bank statements from my current account and a passport which is due to expire in a couple of weeks (waiting for post-brexit to renew).

Passport, driving licence usually enough. If you're not on the Voters' List and/or haven't been at your current address for long, a paper utility bill may also be needed, IF you have one!

antrobus

greenglide wrote: »

A bit like a supermarket that doesn't sell food then?


It does seem an extremely odd concept!

All these new app only banks don't 'handle' cash either. They only exist in cyberspace.

ValiantSon

antrobus wrote: »

All these new app only banks don't 'handle' cash either. They only exist in cyberspace.

Some of them do handle cash:

Cash can be deposited into your personal account at any Natwest branch.
https://www.starlingbank.com/faq/

It is also not a fair comparison. Virgin Money operate a branch network (although irritatingly call them shops). No other bank with branches refuses to handle cash in their branches!

EachPenny

ariarnia wrote: »

Would someone mind letting me know what documentation you need to open a VM regular saver account in store? I've only ever opened them online.

I've got bank statements from my current account and a passport which is due to expire in a couple of weeks (waiting for post-brexit to renew).

I've found Virgin Money to be one of the fussier banks for wanting ID for opening accounts in-branch.

Since they changed their IT system earlier this year I've had to produce ID each time I open an account. My passport is expired (also waiting for Brexit) and the options for other 'List A' documents is limited. List B documents allows a wider range of options including utility bills etc. The policy in my area (Virgin operate branches on a regional basis) is that every new account requires both a List A and a List B document.
https://uk.virginmoney.com/virgin/downloads/facetofaceid.pdf

BMTH

Guys, what would be the best option to do with 10k?

Gers

Got the issue 12 opened today instore.

I had had an appointment for last Tuesday to do this but had to cancel as my DM was ill and was being admitted to hospital. Phoned today for an appointment, unless I took 4pm I'd had to wait until next Thursday.

So, poor Mum, happy me at 3%.

I asked about the need to always have ID instore and the agent said that online applications are identified electronically.