Regular Savings Accounts: The Best Currently Available List!

dekkard

With Virgin Money's Home Buying Coach Regular Saver accounts, if I close it before maturity do I still get any interest I'm due?

Would be good to hear from people who know the answer from experience of closing an account in this way.

I've checked the wording on the website and contacted VM direct but can't get a straight answer.

wmb194

dekkard said:

With Virgin Money's Home Buying Coach Regular Saver accounts, if I close it before maturity do I still get any interest I'm due?

Would be good to hear from people who know the answer from experience of closing an account in this way.

I've checked the wording on the website and contacted VM direct but can't get a straight answer.

Yes, of course. I closed all of mine last week. It was easy to do online.

dekkard

wmb194 said:

dekkard said:

With Virgin Money's Home Buying Coach Regular Saver accounts, if I close it before maturity do I still get any interest I'm due?

Would be good to hear from people who know the answer from experience of closing an account in this way.

I've checked the wording on the website and contacted VM direct but can't get a straight answer.

Yes, of course. I closed all of mine last week. It was easy to do online.

Thanks. I read the Ts & Cs and they're ambiguous on this. 

glider3560

dekkard said:

wmb194 said:

dekkard said:

With Virgin Money's Home Buying Coach Regular Saver accounts, if I close it before maturity do I still get any interest I'm due?

Would be good to hear from people who know the answer from experience of closing an account in this way.

I've checked the wording on the website and contacted VM direct but can't get a straight answer.

Yes, of course. I closed all of mine last week. It was easy to do online.

Thanks. I read the Ts & Cs and they're ambiguous on this. 

There's no penalty mentioned (e.g. lower interest rate) and there's no restriction on the number of withdrawals. Nothing ambiguous at all.

where_are_we

dekkard said:

With Virgin Money's Home Buying Coach Regular Saver accounts, if I close it before maturity do I still get any interest I'm due?

Would be good to hear from people who know the answer from experience of closing an account in this way.

I've checked the wording on the website and contacted VM direct but can't get a straight answer.

Open the particular VMHBCRS account - "withdraw" to nominated account - choose the "close" account option - review the nominated account details - confirm. The balance plus this year`s interest added can be seen in "uncleared transactions". I`m not sure if you can see this figure before you confirm. Remember to cancel your monthly SO`s from your current account.

Special_Saver2

Hi Folks,

I have changed the following items on page 1 of this thread for this weekend's update.

- Leeds BS Regular Saver (Issue 31) added to the list (qualifies as the account can continue for almost 2 years), interest rate currently 1.45% variable and increasing to 1.95% from 1st September on up to £250 per month

- Stafford Railway BS Regular Saver (Issue 1) interest rate increasing to 2.5% from tomorrow and noted that the rules have changed so any UK resident can open the account (not just locals)

- Coventry BS Regular Saver (Issue 5) interest rate increasing to 2% from 1st September

- Coventry BS First Home Saver interest rate increasing to 1.85% from 1st September

I will do the next update next weekend.

SS2

---

For those new to this thread, the first few posts are constantly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

schiff

Stafford Railway
Trying to apply online I'm getting 'Terms and Conditions not currently available, phone or try again later'. Can't carry on without. Anyone else getting this?
I've actually printed them off via the link on here!

trickydicky14

schiff said:

Stafford Railway
Trying to apply online I'm getting 'Terms and Conditions not currently available, phone or try again later'. Can't carry on without. Anyone else getting this?
I've actually printed them off via the link on here!

Someone said they had the same problem about a week ago, I tried just after reading it and had no issues so it may just be a tech problem. Mind you, I’m still waiting for conformation that my account is open. All I can say is the application part was fine some days back.

Chadsman

When applying for an account online does Stafford Railway post forms to customers and then ask for them to be returned signed or is it a genuine online application process?

10_66

Chadsman said:

When applying for an account online does Stafford Railway post forms to customers and then ask for them to be returned signed or is it a genuine online application process?

No, the application is made online, but manually opened, no hard copy application form needs to be returned to them.