Regular Saver Thread **New and Restarted**

Mee

schiff wrote: »

We are a bit at a crossroads with Virgin. We don't know if we are ever going to get an offer for an online RS (the last one matures in a matter of days). And if, and it could be a big if, the recent pattern of store based RS's is followed, the next one could be announced about October 1st.

PS: I'm assuming you have the current store based RS Issue 18?

As per my previous post - manager expects it to go back online and perhaps exclusively so...

surreysaver

vermania wrote: »

The website says for both regular savers "Please note this account can only be opened in person at one of our branch or agency offices". I just got my Monmouthshire BS maturity letter today and renewing the regular saver by post wasn't an option, so presumably they would rather limit the new RS accounts to those customers, new or existing, who will travel to a branch.

I will not renew as a 200 mile round trip is not worth it for 2.5%. Shame really, there do seem to be fewer RSs with good rates available of late.

Not quite the same thing as available only to locals. I can travel 200 miles to my nearest branch as I've got the time and it doesn't cost me anything....

surreysaver

Mee wrote: »

As per my previous post - manager expects it to go back online and perhaps exclusively so...

When I went in branch last week to open up the most recent version, they told me they hadn't heard anything....

solartom

RE: VIRGIN RS
when i opened my latest store rs it was mentioned that yorkshire bs does not(like) favour passbooks
what that means in the long term i do not know but it could indicate that below post is on the(pardon the pun) money
“
As per my previous post - manager expects it to go back online and perhaps exclusively so...
Originally posted by Mee"

Eco_Miser

solartom wrote: »

RE: VIRGIN RS
when i opened my latest store rs it was mentioned that yorkshire bs does not(like) favour passbooks
what that means in the long term i do not know but it could indicate that below post is on the(pardon the pun) money

Since the Yorkshire Building Society has nothing to do with Virgin, I don't get the relevance.
The attitude of Clydesdale Bank, which also trades as Yorkshire Bank, and soon as Virgin Money, may be relevant.
However as the former shareholders of Virgin are now shareholders of Clydesdale, corporate attitudes may have changed.

solartom

thank you
did not realise the difference
you learn something every day

veryintrigued

Apologies about talking about an old account but wonder if those who opened this account can remember big it was ever clarified what the withdrawal rules were.

I have it documented that the pdf given with the account says no withdrawals but the internet info for this stated two withdrawals per calendar year.

Thanks in advance

Newly_retired

My product information sheet says no withdrawals allowed.

schiff

The official fact-sheet says: 'You cannot make withdrawals until after the maturity date. As we don't allow withdrawals you need to be sure you won't need access etc etc. You can miss as many payments as you like'.

20SmthngSver

veryintrigued wrote: »

Apologies about talking about an old account but wonder if those who opened this account can remember big it was ever clarified what the withdrawal rules were.

I have it documented that the pdf given with the account says no withdrawals but the internet info for this stated two withdrawals per calendar year.

Thanks in advance

I've just bought a house and I wanted to get the money out. You don't have to make a deposit each money, so it's £0-£200 a month and you can make as many deposits as you like provided it doesn't go over £200 collectively for the month, but withdrawals, whether partial or full and closure, are not permitted at all during the term. It has no access. So I have to leave it until 1st December and you will too.