Regular Saver Thread **New and Restarted**

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  • where_are_we
    where_are_we Posts: 1,001 Forumite
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    Regular e saver 7 key product information states "Rates are fixed until after the maturity date. This means we cannot change the rate until after the fixed rate period". Hopefully Virgin can get round this somehow? This is good news especially if 8,9,10,11,12 follow!
  • schiff
    schiff Posts: 20,099 Forumite
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    edited 24 August 2018 at 11:56AM
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    Regular e saver 7 key product information states "Rates are fixed until after the maturity date. This means we cannot change the rate until after the fixed rate period".

    That reads as if the decision is out of their control which of course it isn't. But it's refreshing anyway. Perhaps they should make it read 'we cannot decrease...'
  • [Deleted User]
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    Virgin E RS issue 8 also up to 2.5pc
  • ColdIron
    ColdIron Posts: 9,063 Forumite
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    ColdIron wrote: »
    I've just received the same announcement for Virgin's Regular E-Saver Issue 8. Same 2.50% starting from September 1st. Looks like they might be going through each issue one at a time

    Thank you Virgin

    Blimey, just had the same email about Issue 9

    Only 3 to go :)
  • schiff
    schiff Posts: 20,099 Forumite
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    All of the Virgin RS holders in the UK are poised, fingers ready to tap, to be the first to announce that they've had the e-mail for Issue 12.

    No cheating allowed, no preparation with the e-mail already written please. That wouldn't be fair.
  • Sea_Shell
    Sea_Shell Posts: 9,407 Forumite
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    I'm off out this afternoon, so it won't be me!!!
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.31% of current retirement "pot" (as at end March 2024)
  • mgarl10024
    mgarl10024 Posts: 643 Forumite
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    schiff wrote: »
    All of the Virgin RS holders in the UK are poised, fingers ready to tap, to be the first to announce that they've had the e-mail for Issue 12.

    No cheating allowed, no preparation with the e-mail already written please. That wouldn't be fair.


    It's times like this I wish I was called Aaron Aardvark.
  • fonesaver
    fonesaver Posts: 252 Forumite
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    edited 24 August 2018 at 2:23PM
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    Is this a first? I've never heard of a Bank or Building Society raising rates on a Fixed interest account!
  • sully1311
    sully1311 Posts: 380 Forumite
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    Just waiting for the follow up email to say this was a mistake!
  • Wheres_My_Cashback
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    sully1311 wrote: »
    Just waiting for the follow up email to say this was a mistake!

    Exactly what I was thinking ;)
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