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Virgin Money Regular Saver interest
Comments
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See you all at 01.01 tomorrow then
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Interest credits are in. The next two to mature (next tax year) have had £33+ and £21+ added, that any fiddling with monthly interest couldn't have avoided.0
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Am I right in thinking withdrawing this interest incurs a (marginal) loss of interest? I.e. that interest will be earned at maturity on the interest payed out today?0
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Any withdrawal from an interest bearing account will result in a loss of interest at maturity.dcs34 said:Am I right in thinking withdrawing this interest incurs a (marginal) loss of interest? I.e. that interest will be earned at maturity on the interest payed out today?
"Marginal" is subjective, but in relation to Issue 15 which matures on 20/04/2021 the loss of interest would be approximately as follows:
£34 x 2.00% x 40 / 365 = £0.0745 (ie 7 or 8 pence)1 -
We're not far short of the time Virgin is usually presenting a new RS. Could it be HBC4?0
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