Regular Savings Accounts: The Best Currently Available List!

JamesRobinson48

Virgin Money has just released Regular E-Saver Issue 19, replacing Issue 18.  The new Issue 19 pays 1.00% fixed, and closely resembles Issue 18 other than its maturity date being two months later.

badger09

Virgin Money
Has anyone received anything from VM relating to maturity of store based RS19 which matures 1/11 yet?

Every_Penny_Counts

badger09 said:

Virgin Money
Has anyone received anything from VM relating to maturity of store based RS19 which matures 1/11 yet?

Not me 😟

Ken68

Yes Badger came this morning, have sent off a form to pay direct into my bank account. Or you  can transfer into Easy Access Issue 27 paying 0.75%. Payment will be on the 2nd Nov. Further instructions  at Savings Operations, Virgin Money, Jubilee House, Gosforth, NE3 4PL. No phone number shown. Or you can visit  or phone your local store .
p.s......my last Reg Saver. Most savings now in fixed 1 and 2 yr. Plus Premium Bonds.

Frogletina

Every_Penny_Counts said:

badger09 said:

Virgin Money
Has anyone received anything from VM relating to maturity of store based RS19 which matures 1/11 yet?

Not me 😟

I have received my letter today.
Proceeds will transfer to Easy access saver reward issue 27 paying a  variable interest rate of 0.75%. Transfer will take place on Monday 2 November and interest paid at current rate till then.

The easy access account is only available to maturing regular saver customers. 

bubieyehyeh

veryintrigued said:

bubieyehyeh said:

While the letter is carefully worded I believe you can close the account early, based on the saving terms and conditions section 7.8
https://www.thenottingham.com/~/media/files/savings/forms and documents/savings-terms-march-19-lit3117.pdf?la=en

If we materially decrease an interest rate to your disadvantage, we will notify you in writing 14 days in advance of the change.

You will be given 30 days from the date of this notification to close or switch your account without notice or penalty.

We will define a decrease to an interest rate as ‘material’ if it reduces more than the Bank of England Base Rate

So I've emailed to ask if my assumption is correct, and if so what the early closure process is. .

Notts BS
Any response from NBS please @bubieyehyeh

Heard nothing so far, I will post when I hear unless someone else gets an answer first.

surreysaver

bubieyehyeh said:

veryintrigued said:

bubieyehyeh said:

While the letter is carefully worded I believe you can close the account early, based on the saving terms and conditions section 7.8
https://www.thenottingham.com/~/media/files/savings/forms and documents/savings-terms-march-19-lit3117.pdf?la=en

If we materially decrease an interest rate to your disadvantage, we will notify you in writing 14 days in advance of the change.

You will be given 30 days from the date of this notification to close or switch your account without notice or penalty.

We will define a decrease to an interest rate as ‘material’ if it reduces more than the Bank of England Base Rate

So I've emailed to ask if my assumption is correct, and if so what the early closure process is. .

Notts BS
Any response from NBS please @bubieyehyeh

Heard nothing so far, I will post when I hear unless someone else gets an answer first.

Emailed them yesterday. Awaiting response... 

surreysaver

Frogletina said:

Every_Penny_Counts said:

badger09 said:

Virgin Money
Has anyone received anything from VM relating to maturity of store based RS19 which matures 1/11 yet?

Not me 😟

I have received my letter today.
Proceeds will transfer to Easy access saver reward issue 27 paying a  variable interest rate of 0.75%. Transfer will take place on Monday 2 November and interest paid at current rate till then.

The easy access account is only available to maturing regular saver customers. 

0.75 not uncompetitive. Saves having to rush down the branch on maturity day! 

soulsaver

As the conversion is from a store account I'm guessing the VM Easy Access iss 27 won't be visible on line? 

schiff

Notts BS
Any response from NBS please @bubieyehyeh

Heard nothing so far, I will post when I hear unless someone else gets an answer first.

Emailed them yesterday. Awaiting response... 

Phoned today. I'm sending my passbook in with my request for a cheque in the post; the only alternative, or so I was told, to calling in a branch. The MOS checked with superiors that it's all there is. I'll set the closing date to maximise the interest. I've  cancelled the SO.