Virgin Money Regular Saver Thread

where_are_we

schiff said:

Just in case the new online issue 19 announced today creates correspondence, perhaps it should be here to avoid complaints. 1% fixed, matures 20.11.21.  

While Skipton Saver7 pays 1.2%, I will not be funding £250/month to Virgin RES19 but funding minimum £1/month initially with a view to increasing to £250/month if savings rates continue to go downwards. 1% fixed in 6 months time might be a top rate.

Of course this assumes you have maxed out all the other regular savers paying better rates.

bsms1147

typistretired said:

Aren’t you interested in their online regular savers?

I opened the online ones 15 and 16 at 2% and 1.5% respectively, but after that decided that the 'up to ~£22' that I could earn for my time (less the amount I could receive just leaving it in instant access, less tax) meant a return closer to £3-13 depending on where that instant access account was on a scale of 0.0% to 0.8%. Nothing against anyone who decides they wish to chase those rates though, just not for me.

Saying that though, since the bottom has dropped out of the rates, likely not to pay any tax this year on interest so changes the equation ever so slightly

Speculator

Anyone received their funds yet or will it be done tomorrow?

Every_Penny_Counts

Speculator said:

Anyone received their funds yet or will it be done tomorrow?

Mine was in my account when I logged on at 8:30 this morning. I can’t grumble at that. 

EPC

Speculator

Still waiting for mine.

quirkydeptless

Went into my local branch to bid a fond farewell to my last remaining Virgin Money passbook RS.

Goodbye old friend, your interest rate will be missed

Money was in my current account 2 hours later

Reg_Smeeton

I wondered if the thread would be bumped, nothing yet as of midday

Speculator

Just got mine after a phone call.
Mine was all set up to go out but my phone call prioritised it.

surreysaver

Went in at 09.30 this morning, money was in my account half an hour ago when I checked. 
Busy weekend - closing my Monmouthshire Christmas Saver 2020, opening Monmouthshire Christmas Saver 2021, my Santander Monthly Saver matured yesterday as well, and I popped into the Nottinghamshire to close my Panthers and Regular Saver 8 this morning! 
Felt quite quaint being given cheques which I then had to deposit in Lloyds down the road! 

badger09

Mine credited around 13.00. Husband forgot to enter maturity date so they closed his immediately. That'll teach him