The Top Easy Access Savings Discussion Area

TiVo_Lad

Re: Cynergy

I think they must have been having issues. I applied again this morning and within the usual 10-15 minutes got an application successful eMail alongside another application succesful eMail. Was easy enough to close one and then transfer over to the other but my closed tally is now 26!

Eirambler

Yes, this 5.12% savings account is from Virgin Online, which is different to Virgin Money (which itself is really just a rebrand of the old Clydesdale Bank).

If you have a Virgin account but don't have a seven digit (actually letter) number you need to set it up. When you go into the Virgin Money app there is a link to manage accounts starting with 08 and you access them from there through a weblink.

In a practical sense it's better to work on the basis that Virgin Online and Virgin Money are two different banks (other than the 85k protection of course, which they share).

SeriousHoax

TiVo_Lad said:

Re: Cynergy

I think they must have been having issues. I applied again this morning and within the usual 10-15 minutes got an application successful eMail alongside another application succesful eMail. Was easy enough to close one and then transfer over to the other but my closed tally is now 26!

I think im on 26 as well. I was trying to remember the name of Cynergy when I first joined was it bank of Cyprus UK.

inkydolphin

NLA, but for info DF Capital 1 Day Easy Access A/c (Issue 2) is up to 5.2% AER

Shedman

SeriousHoax said:

TiVo_Lad said:

Re: Cynergy

I think they must have been having issues. I applied again this morning and within the usual 10-15 minutes got an application successful eMail alongside another application succesful eMail. Was easy enough to close one and then transfer over to the other but my closed tally is now 26!

I think im on 26 as well. I was trying to remember the name of Cynergy when I first joined was it bank of Cyprus UK.

Yes it was Bank of Cyprus UK ...got taken over by Cynergy Capital Limited at end of 2018

financehelp23

Eirambler said:

Yes, this 5.12% savings account is from Virgin Online, which is different to Virgin Money (which itself is really just a rebrand of the old Clydesdale Bank).

If you have a Virgin account but don't have a seven digit (actually letter) number you need to set it up. When you go into the Virgin Money app there is a link to manage accounts starting with 08 and you access them from there through a weblink.

In a practical sense it's better to work on the basis that Virgin Online and Virgin Money are two different banks (other than the 85k protection of course, which they share).

Thanks, your explanation is quite clear. However, their interest is just 0.01% better than Shawbrook. Will think of it the hassle   

subjecttocontract

SeriousHoax said:

subjecttocontract said:

I've given up on Cynergy, I closed my account with them a couple of weeks ago. I just couldn't bring myself to live with their wacky process every time they released another issue. It's  been no great loss as there are plenty of other accounts now that can replace them.

It only takes about 4 minutes with fast track.

You are right but not all of us want to have to do that every couple of weeks when there are (were) better paying easy access accounts available that required no maintenance. I put the Cynergy balance in Santander @ 5.2%.

1spiral

Shedman said:

Yes it was Bank of Cyprus UK ...got taken over by Cynergy Capital Limited at end of 2018

Back in the early days when I first joined BOC, if you closed an easy access account, their T&Cs prevented you from opening another for 6 months, presumably (although I can't remember) you must have been limited to 1 account otherwise that condition would have been pointless..

soulsaver

***NLA*** Paragon Dble Iss2 5.05% (£1k min) (15/09). Double Access Savings Account | Paragon Bank ***NLA***

soulsaver

Ta Da! 

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