Virgin Money M Plus Saver

AmityNeon

GraceCourt said:

I wouldn't recomment switching to Virgin, which is in reality the Clydesdale Bank.

Astonishingly for a bank, Clydesdale Bank PLC ("Virgin Money") has some very sloppy data privacy procedures: they request that you send all of your proof of identity documents to a third party (Hooyu Limited) which starts off by requiring you to give your permission for your personal data to be transferred to a non-existent data controller.

HooYu is also used by the NatWest Group. What exactly do you mean by "non-existent data controller"?

jbrassy

GraceCourt said:

I wouldn't recomment switching to Virgin, which is in reality the Clydesdale Bank.

Astonishingly for a bank, Clydesdale Bank PLC ("Virgin Money") has some very sloppy data privacy procedures: they request that you send all of your proof of identity documents to a third party (Hooyu Limited) which starts off by requiring you to give your permission for your personal data to be transferred to a non-existent data controller.  I declined to do so for exactly that reason when applying for a "Virgin Money" credit card and after a month trying to get an explanation for this gave up: my complaints about these issues were acknowledged but ignored.  I cancelled the application because it was taking so long (well over a month).

Tesco Personal Finance Finance PLC ("Tesco Bank") had our card account opened, and PINs and cards delivered, all within a week!

I think quite a few banks use Hooyu. Also what proof do you have that the data controller is non-existent?

Going back to the original question, I would not recommend using either Virgin accounts as you can get higher interest elsewhere. See the following for the best savings accounts: https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/