Virgin Money

margaretx9

Has anyone had issues making faster payments into their Virgin money savings account?
Tried to set up a payment today using the Virgin sort code and my savings account number online - and HSBC wouldn't allow it as it said it couldn't make a payment into accounts with that provider?

margaretx9

i also see Virgin money seem to have pulled their easy access and fixed rate ISAs overnight - many of which were market leaders. 

Now only offering a 0.5% e-isa.
Could of course just be restricting opening isas given the end of the tax year tomorrow with new releases on Monday for the new tax year?
https://uk.virginmoney.com/savings/find/results/#online

badger09

I suspect they'll offer new ISA products with lower rates after 6th April

epm-84

Aged said:

Let me rephrase my question. Is Virgin Money 'safe'? 

Virgin Money is now owned by Clydesdale Bank - one of the printers of Scottish bank notes.  They're as safe as Halifax or Lloyds.