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Cash ISA with Virgin Money

If Nationwide are buying Virgin Money how come I cannot benefit from the one year fixed rate that Virgin money are offering which is better than Nationwide because I dont have an account with Virgin money 

Comments

  • xylophone
    xylophone Posts: 45,426 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Nationwide doesn't yet own VM .......and may never....and even if the deal goes through, services/products/ membership may not be integrated...

    Had you considered opening a current account with VM?
  • MissHap
    MissHap Posts: 69 Forumite
    Fifth Anniversary 10 Posts Combo Breaker
    Had you considered opening a current account with VM?.............................

    Did that 3 weeks ago and STILL waiting for Virgin to allow me to transfer £20k!!
    Well, I'm not waiting any longer, I'll purchase the ISA elsewhere!!
  • VKE
    VKE Posts: 132 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    MissHap said:
    Had you considered opening a current account with VM?.............................

    Did that 3 weeks ago and STILL waiting for Virgin to allow me to transfer £20k!!
    Well, I'm not waiting any longer, I'll purchase the ISA elsewhere!!
    I don't understand why you've had the issue you've had; did you speak to VM to see if they could shed any light?

    In order for my partner to open the 1yr Fixed Cash ISA 5.25% he:
    1: Sunday he opened a VM Current account; still awaiting card but has account details including Customer No
    2: Tuesday he applied for the above ISA for 23/24 tax year which was approved and opened within 10 minutes and visible in the VM app and funded with £1 minutes later and then fully funded later that day
    3: This evening he will open another VM ISA which he won't fund until after 5/4/24 for 24/25 tax year like I have already done myself

  • MissHap
    MissHap Posts: 69 Forumite
    Fifth Anniversary 10 Posts Combo Breaker
    On day 1 I too opened my account and had my account details including account number.
    5 days later I tried to access said account to transfer money for the ISA purchase, it wont let me and I don't feel inclined to sit hanging on the telephone to find the answer.
    Opening an account anywhere else wouldn't cause me so much hassle so I'll take my business elsewhere.
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