Virgin Money Regular Saver Thread

polymaff

oli356 wrote: »

But there seems to be like a Regular Saver Issue 17? That is why I got confused.

That account closed to new business on 1st August 2019 - and it was a Regular Saver. When we talk 13 .. 14 .. 15 we are talking Regular E-Saver

Virgin love new issues. One of their savings accounts is at issue 413...

schiff

oli356 wrote: »

But there seems to be like a Regular Saver Issue 17? That is why I got confused.

Store versions that are still to mature though you can't now open one are numbered 15, 16, 17, 18, 19. It looks as if store versions have ceased, at least for now. The last one was available at the beginning of October last.

There was a sizeable gap in the issue of online versions but issue 13 and the current issue 14 seem to have started a new trend.

You just have to go with the flow with Virgin RSs; they are capricious

They are very popular, they have always had a decent interest rate, though the current 2% is disappointing but understandable.
But possibly the key aspect is that the funds are easy access without penalty. To a limited extent it's like having a current account that pays 2% interest

oli356

Ahh ok I understand now. I said it was a stupid question for someone who is new to this
Thanks gents.

schiff

oli356 wrote: »

Ahh ok I understand now. I said it was a stupid question for someone who is new to this
Thanks gents.

We have all* asked stupid questions, it's the way we learn

* with some exceptions. Don't want to upset them!

badger09

oli356 wrote: »

Ahh ok I understand now. I said it was a stupid question for someone who is new to this
Thanks gents.

FWIW, I don't think it was a stupid question:)

xylophone

I said it was a stupid question

No - if you are new to Virgin Money you wouldn't necessarily know about the branch regular saver/ E regular saver system.

hgt

EDIT - my mistake, looks like this has been available for a while, sorry!

It looks like the online version of the Virgin money regular saver is back.... 2.0% on up to £250 per month...

https://uk.virginmoney.com/savings/products/regular_e_saver_issue_14

polymaff

schiff said:

You just have to go with the flow with Virgin RSs; they are capricious

Perhaps more open-minded than some on here might be the more positive characterisation.  We'll see.

veryintrigued

Bumping this up in light of tomorrows interest payments on these accounts.

Wonder if anyone will be doubly lucky?

adindas

I am expecting the new e-Regular saver i15 to be launched in Early March (two months after i14). It seems that the pattern for the launch of new e-Regular saver has been broken ??