Virgin Money Regular Saver Thread

typistretired

Anyone else hoping Virgin Money Regular Saver E17 comes out on Monday 18th May 2020

schiff

I still have a letter from Virgin dated August 2018 that tells me that the interest rate on issues 6, 7, 8, 9, 10,11 is being increased from 2.25% to 2.5%. It has turned out to be such an amazing incomparable event that I think I might have it framed!

SFindlay

typistretired said:

Anyone else hoping Virgin Money Regular Saver E17 comes out on Monday 18th May 2020

I'm putting my money on Wednesday 20th!! 

RG2015

Regular e-saver launch dates as follows.

Issue 12 01/09/18 2.50%
Issue 13 01/11/19 2.00%
Issue 14 20/01/20 2.00%
Issue 15 20/03/20 2.00%
Issue 16 17/04/20 1.50%
Issue 17 xx/xx/20 Almost certain to be less than 1.5% but how much less?

typistretired

They like to keep us guessing!

where_are_we

Will RSE17 be held at 1.5%? Hope it continues to be fixed, easy access, and allows 14 payments. At least it is very easy to open unlike the current account!

schiff

I've opened a second Virgin current account. Let's see how long that lasts. 

RG2015

schiff said:

I still have a letter from Virgin dated August 2018 that tells me that the interest rate on issues 6, 7, 8, 9, 10,11 is being increased from 2.25% to 2.5%. It has turned out to be such an amazing incomparable event that I think I might have it framed!

Even more amazing when you consider that their Key Product Information said,

• Rates are fixed until the maturity date. This means we cannot change the rate until after the fixed rate period.

bristolleedsfan

where_are_we said:

Will RSE17 be held at 1.5%? Hope it continues to be fixed, easy access, and allows 14 payments. At least it is very easy to open unlike the current account!

Easy to open Yes, however i did have to send them ID after opening Issue 16 despite having other regular savers with them, they sent ID back return of post signed for.....

RG2015

bristolleedsfan said:

where_are_we said:

Will RSE17 be held at 1.5%? Hope it continues to be fixed, easy access, and allows 14 payments. At least it is very easy to open unlike the current account!

Easy to open Yes, however i did have to send them ID after opening Issue 16 despite having other regular savers with them, they sent ID back return of post signed for.....

I had that when I opened a savings account last year despite having many previous accounts. I think this is a one off to  get their KYC files up to date as I had never previously submitted ID data.

Also, they accepted photocopies.