Regular Savings Accounts: The Best Currently Available List!

London7766551

BeachNut said:

London7766551 said:

https://uk.virginmoney.com/savings/products/home_buying_coach_regular_saver/?utm_source=mortgagecoach&utm_medium=app&utm_campaign=savings

• This product is only available to eligible users of the Virgin Money Home Buying Coach app. If you are not a user of this app we will transfer your account to our standard Regular E-Saver.

I opened the account using the above link, then downloaded the VMHBC app and signed-up. The app only asks for your email address - hopefully they use to cross-reference to your account. Can't see where a 'user' is defined - eg. log-in once and forget it ?

Curtesy of beachnut 

JamesRobinson48

trickydicky14 said:

I do understand the app is all about attempting to help folks who wish to get on the housing ladder.

I think the app is more about obtaining folks' data and marketing to them the VM mortgage product. After skimming through enough verbiage on the app to earn 100 coaching points and thereby qualify to apply for the RS, I feel the word "help" barely comes into it.

castle96

All sounds a bit underhand/data collecting/part of the change from Virgin...

veryintrigued

castle96 said:

All sounds a bit underhand/data collecting/part of the change from Virgin...

No need to put any of your correct income data in. Only your email address ( and address, DOB etc) to receive a validation code.

Virgin have loads of my data via their broadband offering, Clydesdale, Virgin Bank and Yorkshire Bank already.

Giving them my email address to potentially link and duff income data isn't going to affect much.

I don't see the issue with following the conditions and getting the 1.75%.

For those that do this account probably isn't for them.

Thanks to the OP for highlighting.

colsten

I have only glanced at the app but concluded that it does have some quite useful information for first-time buyers. I wish something like this had been available when I bought my first house. Of course Virgin will try to market the life out of this app - -  but you can decline receiving any marketing communication. 

trickydicky14

Thanks London,
Yes it was an issue with cookies, now all set up.
Does any one know how long it takes for account to show?

Every_Penny_Counts

trickydicky14 said:

Thanks London,
Yes it was an issue with cookies, now all set up.
Does any one know how long it takes for account to show?

Mine showed immediately & the funds within a few minutes of making the transfer. 

adindas

Could this Virgin Money Home Buyer Coach  be opened with online banking or you will need to install their app first ? Thanks

veryintrigued

adindas said:

Could this Virgin Money Home Buyer Coach  be opened with online banking or you will need to install their app first ? Thanks

Virgin home buyer.
Could this Virgin Money Home Buyer Coach be opened with online banking? Yes.

Will need to install their app first? No

Could you be in breach of the conditions (and end up with a different account) by not following them and instead applying online rather than from the app? Yes

SFindlay

Every_Penny_Counts said:

trickydicky14 said:

Thanks London,
Yes it was an issue with cookies, now all set up.
Does any one know how long it takes for account to show?

Mine showed immediately & the funds within a few minutes of making the transfer. 

But is it actually open or still say "we are opening your account"? Unusually it still says this after 2 days where normally its fully open the next day even at weekends so they may well carry out some other checks.