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Will Virgin increase their savings rate this month?
What_time_is_it
Posts: 919 Forumite
Specifically the M Plus Saver (currently 1.71% up to £25k)
0
Comments
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If I remember correctly, that increased not that long ago. I wouldn't hold your breath.2
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Probably not. They increased in advance of the rate rise so unlikely they'll up it again unless competition really heats up.1
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Well, they increased a small amount recently (0.2% I think), but in that is over a period of time where the rate has gone up by 0.75%.
I agree that it is probably unlikely, but fingers crossed eh?0 -
It'll probably depend on how it continues to stand vs the rest of the market plus the Bank's funding requirements i.e. how desperate it is for deposits. It'll also depend on its new customers' inertia.0
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