The Top Regular Savers Discussion Thread

chris_the_bee

flaneurs_lobster said:

jaypers said:

How do I close my Virgin RS? I’ve logged into online banking and the only closure form I can find says ‘Current Account’ closure. TIA. 

Ignore the heading, just fill the form in regardless.

You have to empty the account first. Can move it all to easy access or withdraw all.

jaypers

Am I missing something or have Virgin launched a new Regular Saver paying 6.5%

https://uk.virginmoney.com/savings/products/regular_saver_exclusive_issue_3/

Middle_of_the_Road

jaypers said:

Am I missing something or have Virgin launched a new Regular Saver paying 6.5%

https://uk.virginmoney.com/savings/products/regular_saver_exclusive_issue_3/

Looks like it. Matures Aug 26.

jaypers

Middle_of_the_Road said:

jaypers said:

Am I missing something or have Virgin launched a new Regular Saver paying 6.5%

https://uk.virginmoney.com/savings/products/regular_saver_exclusive_issue_3/

Looks like it. Matures Aug 26.

Need them to hurry up and close my old one down now so I can apply haha. 

charlie12525

jaypers said:

Middle_of_the_Road said:

jaypers said:

Am I missing something or have Virgin launched a new Regular Saver paying 6.5%

https://uk.virginmoney.com/savings/products/regular_saver_exclusive_issue_3/

Looks like it. Matures Aug 26.

Need them to hurry up and close my old one down now so I can apply haha. 

No need to close the existing RS. I opened the new RS3 online. Transferred 250 from RS1 to RS3. Took 5 minutes.

jaypers

charlie12525 said:

jaypers said:

Middle_of_the_Road said:

jaypers said:

Am I missing something or have Virgin launched a new Regular Saver paying 6.5%

https://uk.virginmoney.com/savings/products/regular_saver_exclusive_issue_3/

Looks like it. Matures Aug 26.

Need them to hurry up and close my old one down now so I can apply haha. 

No need to close the existing RS. I opened the new RS3 online. Transferred 250 from RS1 to RS3. Took 5 minutes.

Says you can only have one exclusive RS account and I’m thinking I effectively still have as the old one still shows.

sausage_time

jaypers said:

charlie12525 said:

jaypers said:

Middle_of_the_Road said:

jaypers said:

Am I missing something or have Virgin launched a new Regular Saver paying 6.5%

https://uk.virginmoney.com/savings/products/regular_saver_exclusive_issue_3/

Looks like it. Matures Aug 26.

Need them to hurry up and close my old one down now so I can apply haha. 

No need to close the existing RS. I opened the new RS3 online. Transferred 250 from RS1 to RS3. Took 5 minutes.

Says you can only have one exclusive RS account and I’m thinking I effectively still have as the old one still shows.

Same for me, but I answered "No" and was accepted.

charlie12525

jaypers said:

charlie12525 said:

jaypers said:

Middle_of_the_Road said:

jaypers said:

Am I missing something or have Virgin launched a new Regular Saver paying 6.5%

https://uk.virginmoney.com/savings/products/regular_saver_exclusive_issue_3/

Looks like it. Matures Aug 26.

Need them to hurry up and close my old one down now so I can apply haha. 

No need to close the existing RS. I opened the new RS3 online. Transferred 250 from RS1 to RS3. Took 5 minutes.

Says you can only have one exclusive RS account and I’m thinking I effectively still have as the old one still shows.

Yes, it still shows as a RS but from my email from Virgin on 16/07/25....

we’re getting in touch because your Regular Saver Exclusive, earning 10.38% AER1/10.00% Gross2, matures on 31 July 2025. It will then become an Everyday Saver, earning 1.75% AER1/1.74% Gross2 (variable), from 1 August 2025.

orange-juice

Oh man, I should have checked this thread before contacting VM over the phone to close my RS. The handler said that the closure team are inundated with requests so it might take until early next week , due to the weekend approaching.

For future reference, was it instant when you closed it online (closure and receiving the interest)? 

Hattie627

Virgin Money Exclusive RS Issue3

I have opened this today and initially funded with £250. 

The interest rate is fixed at 6.50% until maturity. 

All accounts will mature on 28th August 2026. This is a Friday of a bank holiday weekend (may cause problems next year).

NOTE: - all interest will be paid on the maturity date (no quarterly payments as applied with Issue 1)