Regular Saver Thread **New and Restarted**

aj23_2

I went into Nottingham BS in St Alban's last summer and they opened an RS for me there and then.

aj23_2

IanManc wrote: »

Issue 15 of the branch version of the Virgin Regular Saver has appeared on their website this afternoon, paying 3% with a maturity date of 1 March 2020.

Was the previous issue £3,500?

So Issue 15 you can only make 13 payments. I assume you can't make one on the 1 March 2020?

eskbanker

aj23 wrote: »

So Issue 15 you can only make 13 payments. I assume you can't make one on the 1 March 2020?

If you could, it would be worth (up to) a grand total of 2p in additional interest, or 1p net if that £250 was earning 1.5% elsewhere! What would you spend it on?

aj23_2

I'll stick with HSBC's 3% I think. I just did a switch to them. Saves a trip to a VM somewhere.

sully1311

IanManc wrote: »

Issue 15 of the branch version of the Virgin Regular Saver has appeared on their website this afternoon, paying 3% with a maturity date of 1 March 2020.

Perfect timing for me. Had already booked an appointment for this Saturday for a regular saver so at least now I'll get a full year to save.

schiff

Got an appointment for 3pm today! It's always been up to a week previously!

Southcoast01

Can the virgin store regular saver be closed by post or do you have to visit the branch?

karlie88

Southcoast01 wrote: »

Can the virgin store regular saver be closed by post or do you have to visit the branch?

Can be closed via snail mail.

sully1311

Regarding the Virgin E Regular Saver maturing tomorrow - will the same amount of interest be accrued if the account is closed tomorrow or should it be closed on the 21st for the maximum amount of interest (even if it is only an extra couple of pence!)

glider3560

sully1311 wrote: »

Regarding the Virgin E Regular Saver maturing tomorrow - will the same amount of interest be accrued if the account is closed tomorrow or should it be closed on the 21st for the maximum amount of interest (even if it is only an extra couple of pence!)

It should be closed on the evening of the 19th to maximise interest....

The interest gets added on 19th as an uncleared transaction. It clears sometime between 8pm and 9pm.

People have found in the past you get paid the interest again if the account is closed after the interest clears on the 19th. On some occasions, people have reported Virgin have written asking for this to be refunded.

But to answer your question, since the interest is credited on the 19th, it doesn't make sense to wait until the 21st.