Virgin 1 Year Fixed Rate Cash ISA Exclusive issue 11

nomorekids

I ve funded mine ok, yesterday and its not bounced back

Money_Grabber13579

DJSINGH said:

Money_Grabber13579 said:

I’ve just tried to add money to issue 11 and it won’t let me because I have to sign an ISA declaration (even though I did pay money into an ISA with them last tax year). Might take until 7th May to get that all worked through the system…

How are they enforcing that? Ive asked for a transfer and hope it doesn't get blocked..!

It prevents the transfer from going ahead and says to call them. I’ve now done that and it’s all a bit of a mess. The first instruction was to go to self service in online banking and I could complete the ISS declaration electronically. However, I don’t have any self service option in online banking so that is no good. 

The next instruction was to download a form and upload it again via a link provided. But on that link, it says it’s only for accounts opened via Clydesdale, which mine wasn’t. I might try that link, otherwise I’ll post it off to them.

Emily_Joy

I opened the ISA in question in March, and funded it via ISA transfers from other providers. Now my plan is to fund it with new money (as I can deposit until early May). Has anyone found out whether it is necessary to send ISA Reactivation form first? (On the form it says reactivation is needed if you haven't subscribed to it in the previous year, I am not sure whether ISA transfers count as subscription, my assumption would be that they don't)...

RG2015

Emily_Joy said:

I opened the ISA in question in March, and funded it via ISA transfers from other providers. Now my plan is to fund it with new money (as I can deposit until early May). Has anyone found out whether it is necessary to send ISA Reactivation form first? (On the form it says reactivation is needed if you haven't subscribed to it in the previous year, I am not sure whether ISA transfers count as subscription, my assumption would be that they don't)...

I opened the VM FRISA V11 on 7 March and made my first subscription on Sunday 7 April.

There was no mention anywhere of reactivation.

Emily_Joy

RG2015 said:

Emily_Joy said:

I opened the ISA in question in March, and funded it via ISA transfers from other providers. Now my plan is to fund it with new money (as I can deposit until early May). Has anyone found out whether it is necessary to send ISA Reactivation form first? (On the form it says reactivation is needed if you haven't subscribed to it in the previous year, I am not sure whether ISA transfers count as subscription, my assumption would be that they don't)...

I opened the VM FRISA V11 on 7 March and made my first subscription on Sunday 7 April.

There was no mention anywhere of reactivation.

Based on my previous experience with Barclays, one learns about the need of reactivation when the payment bounces back 5 days later and a letter arrives through the post advising it is necessary to do so.

RG2015

Emily_Joy said:

RG2015 said:

Emily_Joy said:

I opened the ISA in question in March, and funded it via ISA transfers from other providers. Now my plan is to fund it with new money (as I can deposit until early May). Has anyone found out whether it is necessary to send ISA Reactivation form first? (On the form it says reactivation is needed if you haven't subscribed to it in the previous year, I am not sure whether ISA transfers count as subscription, my assumption would be that they don't)...

I opened the VM FRISA V11 on 7 March and made my first subscription on Sunday 7 April.

There was no mention anywhere of reactivation.

Based on my previous experience with Barclays, one learns about the need of reactivation when the payment bounces back 5 days later and a letter arrives through the post advising it is necessary to do so.

Oh dear. I will keep an eye on it then. I did sign a declaration and send it back to VM when I opened the account.

Growingold

RG2015 said:

Emily_Joy said:

RG2015 said:

Emily_Joy said:

I opened the ISA in question in March, and funded it via ISA transfers from other providers. Now my plan is to fund it with new money (as I can deposit until early May). Has anyone found out whether it is necessary to send ISA Reactivation form first? (On the form it says reactivation is needed if you haven't subscribed to it in the previous year, I am not sure whether ISA transfers count as subscription, my assumption would be that they don't)...

I opened the VM FRISA V11 on 7 March and made my first subscription on Sunday 7 April.

There was no mention anywhere of reactivation.

Based on my previous experience with Barclays, one learns about the need of reactivation when the payment bounces back 5 days later and a letter arrives through the post advising it is necessary to do so.

Oh dear. I will keep an eye on it then. I did sign a declaration and send it back to VM when I opened the account.

Is the subscription made on Sunday 7th April still showing as pending?  Mine is and I wonder why that is.  

RG2015

Growingold said:

RG2015 said:

Emily_Joy said:

RG2015 said:

Emily_Joy said:

I opened the ISA in question in March, and funded it via ISA transfers from other providers. Now my plan is to fund it with new money (as I can deposit until early May). Has anyone found out whether it is necessary to send ISA Reactivation form first? (On the form it says reactivation is needed if you haven't subscribed to it in the previous year, I am not sure whether ISA transfers count as subscription, my assumption would be that they don't)...

I opened the VM FRISA V11 on 7 March and made my first subscription on Sunday 7 April.

There was no mention anywhere of reactivation.

Based on my previous experience with Barclays, one learns about the need of reactivation when the payment bounces back 5 days later and a letter arrives through the post advising it is necessary to do so.

Oh dear. I will keep an eye on it then. I did sign a declaration and send it back to VM when I opened the account.

Is the subscription made on Sunday 7th April still showing as pending?  Mine is and I wonder why that is.  

All transactions take two working days to transition from pending to complete. 

clowning

I funded my VM account on 7th April and it shows ‘available’

RG2015

clowning said:

I funded my VM account on 7th April and it shows ‘available’

I have just checked mine and it also shows as available, but it is still pending with the little clock icon next to the transaction.