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VM RS 13 query

It seems that when my account matures there will be £3,500 in it (plus the interest) - is that normal?  I've only had 13 payments in previous accounts, this will be 14.

Regular E-Saver Issue 13

  • Interest rate 2.00% Gross 1
  • Maturity date 20 December 2020

·        Account balance £2,504.80


Comments

  • Yes this is par for the course. Possibly with some previous issues you might not have opened the account until a week or two after it was launched by VM (normally towards the back end of a given calendar month), and therefore maybe missed the first available calendar month's instalment?
  • Gers
    Gers Posts: 13,669 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Thanks - I opened it on the 20th with a debit card payment and then my SO was for 01st - you'd think I'd know after all this time!

  • surreysaver
    surreysaver Posts: 5,213 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    There were one or two issues that were launched really close to the end of the first month, so it was a bit of a job to get the first installment in. 
    I consider myself to be a male feminist. Is that allowed?
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