Virgin 1 Year Fixed Rate ISA 5.05%

Hal17

My Virgin ISA matured on the 29th August. Funds arrived in my new Shawbrook ISA this evening. Very impressed.

art123_2

Same with me.  Virgin ISA matured 29th August arrived in my Paragon ISA on Monday 1st around 8pm.  However, I was surprised that no additional interest was added to my maturing balance for the 2 day period from 29th August - 1st September, is that correct? However,  like HAL17 very impressed by the speed of the transfer process.  Is that down to Virgin or Paragon Bank?

surreysaver

art123_2 said:

Same with me.  Virgin ISA matured 29th August arrived in my Paragon ISA on Monday 1st around 8pm.  However, I was surprised that no additional interest was added to my maturing balance for the 2 day period from 29th August - 1st September, is that correct? However,  like HAL17 very impressed by the speed of the transfer process.  Is that down to Virgin or Paragon Bank?

I believe the interest payment paid on Friday includes up until Sunday 

Hal17

My wife's transfer was completed today from Virgin Money to Shawbrook. I noticed her transfer value was a few £ more than the maturity value shown on her Virgin Money statement.

Ch1ll1Phlakes

Hal17 said:

My wife's transfer was completed today from Virgin Money to Shawbrook. I noticed her transfer value was a few £ more than the maturity value shown on her Virgin Money statement.

Probably due to interest accrued before the transfer was processed. Was her maturity date on the weekend?