Virgin Money Regular Saver Thread

vermania

The rate cut may not be entirely due to COVID. Virgin Money was bought by CYBG, which then rebranded to Virgin, and so maybe the account offering is now the fruit of the post-takeover/merger bank. I cannot remember when I last saw Yorkshire or Clydesdale Banks with competitive regular saver rates.

SuperHans1

SuperHans1 said:

When issue 16 matured, I wrote to Virgin asking for a BACS transfer. I also asked them to do the same for issues 17, 18 and 19 upon maturity which they have accepted.

Just to confirm, I have today received my matured funds from Virgin Money without having to send in my issue 17 passbook.

Fingerbobs

Silly question, but if you just allow the Regular Saver Issue 17 to convert to an Easy Access Saver Reward Issue 27 account, can this accout be accessed online?

veggieblob

Fingerbobs said:

Silly question, but if you just allow the Regular Saver Issue 17 to convert to an Easy Access Saver Reward Issue 27 account, can this accout be accessed online?

No, it has the same "rules" as the original account.  I asked the same question and then backed that up in store.  I sent my book off with a transfer form to my bank account.  Hopefully the funds will be there tomorrow as I was advised to put 2nd July to make sure the interest had been added or you can sort a transfer in store

Nuggy96

I went into branch yesterday to mature my Virgin Reg saver I think issue 17 with my wife. My money came in to my bank within 2-3 hours, but my wive's money still hasn't come in. Anyone else had this experience and any ideas?

pafpcg

Nuggy96 said:

I went into branch yesterday to mature my Virgin Reg saver I think issue 17 with my wife. My money came in to my bank within 2-3 hours, but my wive's money still hasn't come in. Anyone else had this experience and any ideas?

Yes, I've had that experience too.  Between my partner and I, we've had at least twenty of these VM branch-based accounts over the last few years.  With one exception, the maturity funds have been credited to our bank account by mid-afternoon on the day of closing the accounts in our local branch; the one exception delayed the transfer until the following day.  It's always a possibility that the delay was not the fault of VM but the receiving bank.

Nuggy96

pafpcg said:

Nuggy96 said:

I went into branch yesterday to mature my Virgin Reg saver I think issue 17 with my wife. My money came in to my bank within 2-3 hours, but my wive's money still hasn't come in. Anyone else had this experience and any ideas?

Yes, I've had that experience too.  Between my partner and I, we've had at least twenty of these VM branch-based accounts over the last few years.  With one exception, the maturity funds have been credited to our bank account by mid-afternoon on the day of closing the accounts in our local branch; the one exception delayed the transfer until the following day.  It's always a possibility that the delay was not the fault of VM but the receiving bank.

Hi, thanks for your response, so we both have the same receivig bank and withdrew from VM within like 20 mins of each other. This was yesterday, still hasn't arrived in her account

joyceyjo

Anyone else still waiting on their funds from the Virgin Regular saver that matured 1st July? I’ve had a number of these mature over past 12months and the funds have always arrived on the maturity date into my account. I rang them just before COB yesterday (1st) and they said they were processing the instruction and I’d have the funds at latest COB today (2nd) and surprise surprise no money. Anyone else still awaiting their funds?

quirkydeptless

I went into a branch Yesterday for my maturing RS 17. They had a system problem and had to create the form by hand for my withdrawal instructions (to a current account). They said it would be in my account that day, or latest end of Today. It was there around 1800 Today.

Nuggy96

My wife at I’ll not received her funds..