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Virgin double take e-ISA rate drop to 0.61%

2

Comments

  • P3
    P3 Posts: 169 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 10 November 2020 at 7:28PM
    Is your VM app linked to VM CA or saving account? 
    I have VM CA but it is linked Yorkshire Bank app.
    I also have VM saving account but I don't use the app

    What's the name of the app on Google play
  • badger09 said:
    P3 said:
    1% fixed isa with VM looks the best bet, although I never liked locked up my money. 
    How do I 'transfer' from VM isa to VM isa?
    I've just done it through VM app. App takes you 'outside' to apply, but has prefilled most details, just NINO to complete IIRC. Then you need to log in again to 'verify application' through the app. Once done, the Exclusive 1 year FRISA was opened immediately (shows in app) and I was able to request xfer of existing VM Double Take ISA. Pretty painless really, apart from squinting at tiny iPhone SE (old) screen, and some  mis-alligned text.
    Has the xfer arrived in your new Exclusive ISA yet?  How long did it take to show after leaving your Double Take account?
  • P3
    P3 Posts: 169 Forumite
    Third Anniversary 100 Posts Name Dropper
    Yes I just opened it as well, same as what badger said, when u selected transfer isa, there is a option for virgin money plc. 
    The isa detail is already on my VM app, which I kind of wish they would combine my VM RS together too, but it is what it is. 
  • I haven't actually received any notification of this reduction in interest rate. Is it on their website anywhere? 
    I consider myself to be a male feminist. Is that allowed?
  • P3
    P3 Posts: 169 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 12 November 2020 at 12:17AM
    Funny enough, I haven't either, mine is man utd double take eisa issue 4.
    Considering how many different issue they have, it's a matter of time when they email every one for the reduction
  • hgt
    hgt Posts: 341 Forumite
    Part of the Furniture 100 Posts
    I haven't actually received any notification of this reduction in interest rate. Is it on their website anywhere? 
    I've not had notification yet either... I suspect they will soon realise!
  • P3
    P3 Posts: 169 Forumite
    Third Anniversary 100 Posts Name Dropper
    My transferred is done in less than a day, amazing work from VM
  • epm-84
    epm-84 Posts: 2,772 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    P3 said:
    Funny enough, I haven't either, mine is man utd double take eisa issue 4.
    Considering how many different issue they have, it's a matter of time when they email every one for the reduction
    Last time it looks like they changed all the Double Take E-ISAs on 02/06, with the exception of Issue 16, which already had an interest rate of 1.01% and Issue 17, which was currently on sale at the time and had an interest rate of 0.75%
  • surreysaver
    surreysaver Posts: 4,909 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    epm-84 said:
    P3 said:
    Funny enough, I haven't either, mine is man utd double take eisa issue 4.
    Considering how many different issue they have, it's a matter of time when they email every one for the reduction
    Last time it looks like they changed all the Double Take E-ISAs on 02/06, with the exception of Issue 16, which already had an interest rate of 1.01% and Issue 17, which was currently on sale at the time and had an interest rate of 0.75%
    I've got Issue 14, and I am fairly sure that last time they reduced my rate, it was a different date to the others. Maybe that's why I haven't heard anything from them yet
    I consider myself to be a male feminist. Is that allowed?
  • epm-84
    epm-84 Posts: 2,772 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    epm-84 said:
    P3 said:
    Funny enough, I haven't either, mine is man utd double take eisa issue 4.
    Considering how many different issue they have, it's a matter of time when they email every one for the reduction
    Last time it looks like they changed all the Double Take E-ISAs on 02/06, with the exception of Issue 16, which already had an interest rate of 1.01% and Issue 17, which was currently on sale at the time and had an interest rate of 0.75%
    I've got Issue 14, and I am fairly sure that last time they reduced my rate, it was a different date to the others. Maybe that's why I haven't heard anything from them yet
    Double Take E-ISA Issue 14 is shown on their website as having a current interest rate of 1.01% effective from 02/06, the same as all the other preceding issue numbers.  If you mean the normal E-ISA, Reward E-ISA or the Double Take E-Saver then they were changed on different dates.

    https://uk.virginmoney.com/savings/helpful-information/find-your-interest-rate/
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