2.05% Virgin Money Current Account. Multiple?

adamp87

There’s a whole thread on the Virgin current account might be worth popping in there rather than a new post. There’s a few in there with multiple-accounts 

cricidmuslibale

colsten said:

cricidmuslibale said:

wannabe_a_saver said:

They've let me open 3, one about a fortnight ago, two today when I saw on another thread that it was possible!  

One more would be great but I don't want to push my luck.

You seem to have found a way of opening two in one day without any hurdles to jump over? If so, that's very good! I was aware that it was possible to open more than one of these current accounts but I also thought one needed to allow a least a week or two between applications so that no 'sleeping dogs' amongst the VM staff that may seek to query your reasons for doing this would be aroused into action.

The best way to wake sleeping dogs is to trot this out on a public internet forum

That last comment really should be addressed principally to the poster to whom I was replying because it obviously may be more than a little unwise to state on a public internet forum that you have managed to open two current accounts in one day if it is at all likely that the provider of those current accounts may think that they are being taken advantage of!

trickydicky14

Shhhh
I think the dogs sleeping.

veryintrigued

Loving that multiple posts on here are advocating 'be quiet' whilst each one of these posts bumps this thread up.

It's like the drunkard arriving home and shouting 'ssshhhh' at 200dB.

Costabit

I'm getting more and more jealous by the day with you lucky peoples with multiple accounts
As I have posted elsewhere, me and OH are still unable to open our first one
The only bank in town to decline my business ( that's before even getting to a credit check !!!! )

dcs34

Tantalus86 said:

sorry to bump an old thread. Does anyone know what the limit of current accounts you're allowed with virgin money is? I'm up to 8 so far and still no sign of stopping. Anyone hit the wall yet?

Anything beyond three and you run the risk they'll shut them down. So well done to get 8! But don't take the !!!!!!...

Costabit

Tantalus86 said:

sorry to bump an old thread. Does anyone know what the limit of current accounts you're allowed with virgin money is? I'm up to 8 so far and still no sign of stopping. Anyone hit the wall yet?

Am insanely jealous right now.
I am unable to open one.
The only bank that doesn’t seem to want my business it would appear.
But well done to you,is it £16K at 2% with instant access for you

veryintrigued

Another one that's going to get blown out of the water if people insist of chatting.

People just don't learn do they?

Rich2808

veryintrigued said:

Another one that's going to get blown out of the water if people insist of chatting.

People just don't learn do they?

And to be fair all for the sum total of £20 a year per account!
If you are about to seek credit (e.g. a mortgage or a loan or credit card) it really isn't worth all those hard searches either on your file for that. If neither of those are issues fine - but then if you are flush for cash why would you make the effort for such low returns!

Eco_Miser

Ballard said:

There’s no doubt that it’s a decent rate in the current climate but the £1,000 maximum makes it unattractive for me. Around £1.60 per month interest per full account isn’t going to change anyone’s life.

That said, the logical thing is to open this account as it will earn more interest than most, if not all, other account so I can see why others will find it worthwhile. I stopped bothering with regular savers last year for the same reason. 

So what do you do with your cash instead?