Regular Saver Thread **New and Restarted**

adindas

pafpcg wrote: »

Yes! And we used the passbooks for the earlier regular saver to check for membership details.

I just called them a few minutes ago. She said you could only have one monthly RS at a time. But it is aloowed to close the old one and open the new one at the time of application.

I just wonder does anyone else have regular monhtly saver i1 running pararel at the same time with regular monhtly saver i2 under the same name ? Thank

surreysaver

adindas wrote: »

I just called them a few minutes ago. They said you could only have monthly RS at a time.



But it is possible to close to old one and open the new one at the time of application ?


I just wonder does anyone else have regular monhtly saver i1 running pararel at the same time with regular monhtly saver i2 under the same name ? Thank

https://www.ybs.co.uk/savings/product.html?id=YB570465B

The person on the phone is incorrect. The T&Cs state only if you have an Issue 2 you cannot have another Issue 2.

tg99

Re the YBS monthly reg saver i2, at the top of the application form are you meant to fill out the account number and date opened for any other existing YBS account to help them ID you or is it to leave blank for them to complete with your new i2 account details?

Speculator

tg99 wrote: »

Yes just to open the account.

Opened the Virgin 3% Regular at Haymarket today and she said to close or withdraw from the account, I must visit the store.

I cannot close or withdraw from the account by post.

tg99

Speculator wrote: »

Opened the Virgin 3% Regular at Haymarket today and she said to close or withdraw from the account, I must visit the store.

I cannot close or withdraw from the account by post.

I’ve not opened the 3% one but all the other previous store versions which have matured I’ve closed by post except one in store (as was in anyway to open the next one). So unless they have changed the terms and conditions it could be you were given incorrect info.

adindas

Speculator wrote: »

Opened the Virgin 3% Regular at Haymarket today and she said to close or withdraw from the account, I must visit the store.

I cannot close or withdraw from the account by post.

Are you particularly talking about this current 3% branch product or branch product in general ?.


As mentioned by tg99 ypu could close the brach product by post by sending the close form and your passbook.


I have done that in a few occasions.

ctdctd

Speculator wrote: »

Opened the Virgin 3% Regular at Haymarket today and she said to close or withdraw from the account, I must visit the store.

I cannot close or withdraw from the account by post.

She's given you duff info - from the summary box on the website:-

https://uk.virginmoney.com/savings/find/regular_saver_issue_12/overview/


"You can have access to your money whenever you need it. To request a withdrawal simply send your written instructions to Savings Operations, Virgin Money, Jubilee House, Gosforth, Newcastle upon Tyne, NE3 4PL or you can take money out in the following ways:

• Cash - Store** only.
• Cheque - simply complete a Transaction Slip and a cheque will be sent promptly to your correspondence address.
• Electronic transfer.
• CHAPS.
• Transfer to another Virgin Money account, subject to the terms and conditions of that account."

Speculator

tg99 wrote: »

I!!!8217;ve not opened the 3% one but all the other previous store versions which have matured I!!!8217;ve closed by post except one in store (as was in anyway to open the next one). So unless they have changed the terms and conditions it could be you were given incorrect info.

adindas wrote: »

Are you particularly talking about this current 3% branch product or branch product in general ?.


As mentioned by tg99 ypu could close the brach product by post by sending the close form and your passbook.


I have done that in a few occasions.

ctdctd wrote: »

She's given you duff info - from the summary box on the website:-

https://uk.virginmoney.com/savings/find/regular_saver_issue_12/overview/


"You can have access to your money whenever you need it. To request a withdrawal simply send your written instructions to Savings Operations, Virgin Money, Jubilee House, Gosforth, Newcastle upon Tyne, NE3 4PL or you can take money out in the following ways:

• Cash - Store** only.
• Cheque - simply complete a Transaction Slip and a cheque will be sent promptly to your correspondence address.
• Electronic transfer.
• CHAPS.
• Transfer to another Virgin Money account, subject to the terms and conditions of that account."

Thanks everyone. I've already sent an email to the Haymarket store to let her know she's been giving out wrong info.

Are postal withdrawals by cheque only or can they send it by FP/BACS to your current account?

Special_Saver2

Hi Everybody,

There is nothing that I can find that has changed for this weekend's update. I will do another update the weekend after next.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page

tg99

Speculator wrote: »

Thanks everyone. I've already sent an email to the Haymarket store to let her know she's been giving out wrong info.

Are postal withdrawals by cheque only or can they send it by FP/BACS to your current account?

If you give your bank details you should receive funds by FP on day of maturity (well that is how it has always worked for me anyway.......though I’ve always sent my letter in a week or so before so they have a few days to set it up).