Regular Savings Accounts: The Best Currently Available List!

drphila

Hattie627 said:

Monmouthshire BS

Most of the accounts affected will be coming up for maturity at the end of this month. I am slightly concerned that a small society such as MBS will become overwhelmed if there is a flood of individual complaints on the issue which has affected those of us who made a 13th payment in good faith, and that this will impede their efficiency in dealing with the maturity procedures later this month.I have decided not to make an individual complaint on the basis that Mon BS will be aware of the situation and, hopefully, will take more care next time. While inconvenienced slightly, my monetary loss has been minimal and compensation was never the issue here.

You make an excellent point. Of course, the degree of inconvenience will vary. In my case, for example, I withdrew money from a 2 month notice account, to fund MBS.

Also it seems to me that MBS could have taken rapid action to limit the potential damage when their error first came to light. Instead they seem to be intent on brazening it out. So if maturity procedures are impeded, there would be a case for complaints and compensation for that as well.

I am also irritated by the fact that MBS returned the funds without proper notification (even just an email linked to a secure message). I sometimes don't check my 0% interest feeder account for six or seven days so the £600 could have been sitting there earning nothing.

GetRichOrDieSaving

GetRichOrDieSaving said:

What’s the payment reference for the Virgin RS please? 

Just gambled and put my customer number, which worked fine.

subjecttocontract

GetRichOrDieSaving said:

GetRichOrDieSaving said:

What’s the payment reference for the Virgin RS please? 

Just gambled and put my customer number, which worked fine.

Why would you need a payment reference if you have included your personal account number & the sort code ?
You could have left it blank.

Vortigern

GetRichOrDieSaving said:

What’s the payment reference for the Virgin RS please? 

Virgin does not need a reference. If your bank requires you to use a reference just make one up. First Direct insists on references for outgoing payments, XX fulfils the requirement.

Stargunner

slush said:

flaneurs_lobster said:

slush said:

In case I have not missed this on here..

Virgin Regular Saver Exclusive

Save up to £250 a month for 12 months and get a fixed rate of 10.38% AER¹ (10.00% Gross²)

https://uk.virginmoney.com/savings/products/regular_saver_exclusive_issue_1/

If I've missed it on here, sorry for re-posting

No worries.

It's been mentioned once or twice...

https://forums.moneysavingexpert.com/discussion/6545230/virgin-money-10-38-regular-monthly-saver#latest 

But not that I can see in THIS thread - unles I've missed it

If you look back to postings from 1st August when the account was launched, you will see lots of postings about it in THIS thread.

Chadsman

I applied for the Virgin Money account last Friday and had to upload ID - I haven't used my ex-Yorkshire Bank current account for a couple of years. I have not heard anything since. Has anyone else had a similar experience?

Does the regular saver appear via the same log in ID as the current account?

wiseonesomeofthetime

Vortigern said:

GetRichOrDieSaving said:

What’s the payment reference for the Virgin RS please? 

Virgin does not need a reference. If your bank requires you to use a reference just make one up. First Direct insists on references for outgoing payments, XX fulfils the requirement.

My Virgin RS has a reference 🤷‍♂️

Don't know how vital it is to be quoted, as I did use it and my funds credited accordingly.

Edit:
Checking my Virgin Money RS app there is no mention of said reference, so not sure where I got it from now, even though it was only 5 days ago 🤦‍♂️🤣

As you say, doesn't look like it's crucial to a successful transaction 🤔

Dizzycap

Chadsman said:

I applied for the Virgin Money account last Friday and had to upload ID - I haven't used my ex-Yorkshire Bank current account for a couple of years. I have not heard anything since. Has anyone else had a similar experience?

Does the regular saver appear via the same log in ID as the current account?

I also had to upload ID even though I hold a Virgin Money Isa along with other accounts because they apparently don't know who I am?

I've had accounts with Virgin Money for years!?! I believe it's a delay tactic, so I will give them until the end of the week, and they're off my list for anything.........

where_are_we

Skipton Members Regular Saver 3 @7% - I have trawled through Skipton`s rate reductions on 2/9/24.

Looks like the above account remains unchanged.

The recent Home Deposit Saver which is a regular saver @5.06% appears to be unchanged.

francoghezzi

where_are_we said:

Skipton Members Regular Saver 3 @7% - I have trawled through Skipton`s rate reductions on 2/9/24.

Looks like the above account remains unchanged.

The recent Home Deposit Saver which is a regular saver @5.06% appears to be unchanged.

Skipton RS has a fixed interest, so it won't change