The Top Regular Savers Discussion Thread

TheBanker

Co-op Regular Saver
Thanks everyone. It's already matured this morning so I've withdrawn the balance (as I need it). Interestingly, the mobile app transaction listing has a line for credit interest, but the amount is blank. Interest has clearly been credited though as the balance has increased compared to yesterday. I am sure they will catch up at some point. I'll leave the Smart Saver open until the figure appears, as I need it for my tax return spreadsheet.

My Virgin RS hasn't matured yet.

I feel rich having both of these mature today... but the money is earmarked for spending next week, then the whole cycle can start again! 

masonic

My VM RS hasn't matured either, but I've emptied it today. The app kept crashing after submitting the transfer request, but I was able to do it all in one go on the website.

TheBanker

masonic said:

My VM RS hasn't matured either, but I've emptied it today. The app kept crashing after submitting the transfer request, but I was able to do it all in one go on the website.

I've had quite a bit of trouble with the Virgin app over the last few days. I don't use it much because I only really use Virgin for the RS and a fixed rate ISA, but I've been using the debit card a bit over the past week as they are paying 7% cashback at Morrisons. Quite annoying when it takes four or five attempts to get into the app to check my balance before I go shopping! 

pfpf

friolento said:

I emptied my Virgin Money RS yesterday, and then requested closure. As requested, the outstanding interest got paid into my non-Virgin current account, and the RS has now vanished. All done and dusted within 24 hours. 

how did you do the "closing" part? just tried the chat bot and it says you have to call them, fine for mine not so good for my OH.

Growingold

friolento said:

I emptied my Virgin Money RS yesterday, and then requested closure. As requested, the outstanding interest got paid into my non-Virgin current account, and the RS has now vanished. All done and dusted within 24 hours. 

How did you close it?  Did you do it on the current account closing page?  Many thanks

friolento

Closing the Virgin RS

It can only be done online, not in the app

Without logging in, which I don’t want to do right now, I can only say from memory how to do it. Look for closing a current account- IIRC, it’s under “More….”. You just enter the sort code and account number of your RS, give an acct for the outstanding interest, send it off and sit back

EDIT: my interest arrived in my non-Virgin current account from “Cb Customer Service” 😜

masonic

pfpf said:

friolento said:

I emptied my Virgin Money RS yesterday, and then requested closure. As requested, the outstanding interest got paid into my non-Virgin current account, and the RS has now vanished. All done and dusted within 24 hours. 

how did you do the "closing" part? just tried the chat bot and it says you have to call them, fine for mine not so good for my OH.

I messaged them earlier requesting closure. I didn't even notice a chat option.

jaypers

Virgin RS - Anyone know why it hasn’t changed to a new account this morning? Mine still showing as RS at 10%

Marcoos

clairec666 said:

Marcoos said:

TheBanker said:

Can anyone tell me what happens when the Co-op regular saver matures? My first deposit was 1 August so I think it matures tomorrow. Is the money available straight away or is it one of those odd ones where it vanishes for a couple of days then comes back?

Mine matured a couple of days ago, 29th. Yesterday it converted to the simple saver with interest added. 

Withdrew it all and moved elsewhere. 

I’ve reapplied for another, waiting for that to be processed. Have a feeling this won’t be quick. 

Took a few days for them to open my new one

Co-op RS

Appeared this morning in the app. Shame it wasn’t yesterday, but quicker than I thought. 

x44

Maybe not yet "Banking hours"?