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Virgin M Plus Current Acc & M Plus Saver

Do you need to have 2 active DD's set up on a Virgin M Plus Current account to keep the rate and have the saver?

I cannot find this in any of the literature I can access in my app account but I also don't know why I would have set up 2 DD on this account otherwise.

One of my DD is now going to cease so I will need to find another if it's going to cause a problem for me.

Comments

  • ForumUser7
    ForumUser7 Posts: 2,582 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 2 June 2023 at 7:07PM
    Do you need to have 2 active DD's set up on a Virgin M Plus Current account to keep the rate and have the saver?

    I cannot find this in any of the literature I can access in my app account but I also don't know why I would have set up 2 DD on this account otherwise.

    One of my DD is now going to cease so I will need to find another if it's going to cause a problem for me.
    I’ve never had a DD linked to VM and I’ve held the M Plus Current Account and M Plus Saver Account successfully for approaching a year. Did you perhaps take part in a switching bonus? The criteria may require DDs
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • HampshireH
    HampshireH Posts: 5,023 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    edited 2 June 2023 at 8:05PM
    Do you need to have 2 active DD's set up on a Virgin M Plus Current account to keep the rate and have the saver?

    I cannot find this in any of the literature I can access in my app account but I also don't know why I would have set up 2 DD on this account otherwise.

    One of my DD is now going to cease so I will need to find another if it's going to cause a problem for me.
    I’ve never had a DD linked to VM and I’ve held the M Plus Current Account and M Plus Saver Account successfully for approaching a year. Did you perhaps take part in a switching bonus? The criteria may require DDs
    Thankyou that's handy. I'm wondering if it's just that I had them set up on the old Nationwide one and as part of the switching moved them .

    I didn't get a switching bonus to move to Virgin, I went due to them having the saver interest rate at the time

    I won't move another over and will see what happens
  • ColdIron
    ColdIron Posts: 10,327 Forumite
    Part of the Furniture 10,000 Posts Hung up my suit! Name Dropper
    edited 2 June 2023 at 9:58PM
    Do you need to have 2 active DD's set up on a Virgin M Plus Current account to keep the rate and have the saver?

    I cannot find this in any of the literature I can access in my app account but I also don't know why I would have set up 2 DD on this account otherwise.

    One of my DD is now going to cease so I will need to find another if it's going to cause a problem for me.
    As I recall, if you opened the current account at the beginning of last year there was an offer of an extra 3% interest (on top of the 2%) for a year if you had 2 DDs set up
    I moved my 2 DDs elsewhere after 8 months and I expect them to pro rata it soon
  • pridehappy
    pridehappy Posts: 340 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    edited 3 June 2023 at 12:19AM
    On the standard account only, no. If you had a switching/opening offer, make sure to check it’s terms & conditions. You should have been sent them by email when switching.
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