Regular Savings Accounts: The Best Currently Available List!

steve65e

Deleted_User wrote: »

No, closed online and instructed payment of closing balance by FP to NA. The £3582.27 arrived in NA within the hour. No clue on VM online account how made up.

Strange, and hard for them to claim it back if the account is closed. If you didn't have others you wouldn't even be a customer.

karlie88

Could it be a computer glitch for those who have opted for yearly interest? Anyone else gone for yearly interest with the same 'problem'?

steve65e

A year's extra interest at 1% rather than a day's? Caused by them maturing a day early?

Sea_Shell

We've just clicked the buttons to close accounts and transfer to nominated account. Just waiting for funds to appear.

We didn't MAX out the accounts (only making 12 payments), so we only got £37.89 each.

*** Monies now safely received, and duly topped up 123, ready to re-cycle again ***

schiff

karlie88 wrote: »

Could it be a computer glitch for those who have opted for yearly interest? Anyone else gone for yearly interest with the same 'problem'?

It looks as if Hattie is on her own unless others in a similar position are keeping shtum hoping Virgin don't notice!

stoozie1

I've read through the OPs of this thread a few times but was wondering if anyone more knowledgeable could spot anything I'm missing?

we save £2700/pcm into:

2 x Nationwide RS 5% (£1000 currently- matures April, after which I will be reduced to £500)
1 x First Direct 5% - £300 (I don't meet the earnings threshold so this is just OH)
2 x Santander RS 5% (£400)
2 x HSBC 5% (£500)
2 x M and S 5% (£500)

Have I missed anything else for 5%?

I have current accounts for 3% so have no real use for any products below 4%.

Thanks for any tips.

[Deleted User]

steve65e wrote: »

A year's extra interest at 1% rather than a day's? Caused by them maturing a day early?

Yes, that is what has happened, I think. Do I have a legal obligation to tell VM, or just a moral obligation to do so? Presumably they will sometime realise the error when things don't balance their end and seek to recover from me.

ColdIron

stoozie1 wrote: »

1 x First Direct 5% - £300 (I don't meet the earnings threshold so this is just OH)

Thanks for any tips.

You don't need to earn £1,000 to meet the 1st Account conditions, you could just move it in and straight back out, or even better open an ordinary savings account and pop a pound in it. Job done

Account Fees

There is no cost for the first six months. After that you can avoid paying the £10 monthly account fee by:

• paying at least £1,000 into the account every month
• or maintaining an average monthly balance of £1,000
• or also having a mortgage, credit card, Personal Loan, savings (except Regular Saver), First Directory or Home insurance with us.

stoozie1

ColdIron wrote: »

Account Fees

There is no cost for the first six months. After that you can avoid paying the £10 monthly account fee by:

• paying at least £1,000 into the account every month
• or maintaining an average monthly balance of £1,000
• or also having a mortgage, credit card, Personal Loan, savings (except Regular Saver), First Directory or Home insurance with us.

Thanks, sorry I didn't phrase that very well. I mean I have tried twice to open a First Direct current account, but refused due to low earnings.

However I see you are saying I can open a savings account, which they may allow. Genius, thanks!

AirlieBird

Deleted_User wrote: »

No, closed online and instructed payment of closing balance by FP to NA. The £3582.27 arrived in NA within the hour. No clue on VM online account how made up.

Is there anything showing in the uncleared transactions tab?