Virgin Money Current Account

williewonder

Just paid £1000 into my Virgin current account, gross 2.00%. How much interest would this get me a month?

crumpet_man

About £1.60

RG2015

williewonder said:

Just paid £1000 into my Virgin current account, gross 2.00%. How much interest would this get me a month?

£1,000 x 0.02 x 30 / 365 = £1.64 for a 30 day month.
£1,000 x 0.02 x 31 / 365 = £1.70 for a 31 day month.

hello3578

I know several bank account s let you open 3 current account s with them to use the high interest is it ok to open 3 or more account s with virgin?

luvchocolate

Your answer is within this thread 

typistretired

My motto is to just apply. Posters have certainly opened a single for them and their other half and a joint but that was when it was first launched may have tightened up

schiff

I shall be for ever grateful that my only reason for going online with Virgin current accounts is to check for the monthly interest and withdraw it. Tried it today though I feared it may be a day early. In their matey fashion I was invited to 'pop in' the code just sent to my phone. It didn't arrive. By the time I was logged out - with NO warning - because of no activity, it still hadn't arrived. Because I'd asked for three new codes I couldn't even try again, it was just locked. Nearly two hours later the codes arrived, three of them one after the other. Logged on again and you've guessed it - no interest yet credited. This has happened before. They are a joke. I've never liked them from the start but £2000 at 2% is not easy to ignore.

colsten

If you have the app installed, you don't need to 'pop in' any code. Either use the app directly, or if you prefer online banking, you just open the app for the confirmation.

NB. No interest for July yet for me, either.

badger09

My interest has been credited

Frogletina

badger09 said:

My interest has been credited

So has mine but I can't move it out. I get as far as clicking onto move money but when I click onto from VM, the app closes.