Regular Saver Thread **New and Restarted**

glider3560

mhoc wrote: »

If there is to be a Virgin Money Regular eSaver issue 10 launched this afternoon and if it does have 2.5% interest .... all speculation so far ...
But if your if the finances are a bit tight then might it be worth closing Virgin Money Regular eSaver issue 4 - mine finishes 20/04 so there is only one more set of £250 to go into it.
My issue 4 only produced £32 in interest and there is only one month to go so might the £250 be better used to set up the issue 10 ...

Or reduce the monthly payment down to £10, then your get 2.25% on the higher balance for a month (it's the last few months of a regular saver that are the most valuable interest bearing months).

ColdIron

I wouldn't close the issue 4 as it will have just about the highest balance it will ever have and therefore make the greatest interest. I would be substituting a £3,538 balance at 2.25% for £250 at 2.50%. If you are really tight for cash maybe just redirect the final £250 to the Issue 10 but you're talking pennies

glider3560

Where's the Virgin 2.5% rumour come from? I thought every issue so far had been 2.25%?

mgarl10024

glider3560 wrote: »

Where's the Virgin 2.5% rumour come from? I thought every issue so far had been 2.25%?

It was a tongue-in-cheek joke.
After the rate rise, we'd all hoped for a shift from 2.25% to 2.5% and were disappointed. Hence my comment and the wink following it.

You never know - someone at Virgin might be reading and might take the hint.

EachPenny

mgarl10024 wrote: »

After the rate rise, we'd all hoped for a shift from 2.25% to 2.5% and were disappointed. Hence my comment and the wink following it.

You never know - someone at Virgin might be reading and might take the hint.

I'd be happier if they kept the rate at 2.25% and used the surplus to finally get their IT systems to work. Top of the list would be telling the system that if a customer already has 15+ accounts we don't need to ask them for ID each time they want to open a new store-based account :wall:

If someone at Virgin is reading this, please take the hint Then start giving us 2.5%.

Westie983

RG2015 wrote: »

2.30 Tomorrow afternoon

Still no sign.....

*Refreshes page

Westie983

colsten

RG2015 wrote: »

2.30 Tomorrow afternoon

Who would launch a new account on a Friday afternoon?

RG2015

colsten wrote: »

Who would launch a new account on a Friday afternoon?

Virgin Money
Regular E-saver Issue 8
Launched Friday 10th November 2017

Nevertheless, I am prepared to eat a generous portion of humble pie for my failed prediction.

https://uk.virginmoney.com/savings/helpful-information/find-your-interest-rate/

EachPenny

RG2015 wrote: »

Nevertheless, I am prepared to eat a generous portion of humble pie for my failed prediction.

Shockingly poor performance. You clearly didn't notice the store-based issue 9 coming out of sequence as a harbinger of change

RG2015

EachPenny wrote: »

Shockingly poor performance. You clearly didn't notice the store-based issue 9 coming out of sequence as a harbinger of change

Mea Culpa. Sackcloth & ashes and self flagellation for me.

Sounds very painful so I settled for some minor discomfort with a self inflicted hangover from a Chianti Classico.

PS. I used to think VM regular savers were a waste of time till you convinced me otherwise.