The Top Regular Savers Discussion Thread

ForumUser7

BestSeagull said:

ForumUser7 said:

Anyone's Green Regular Savers and Regular Monthly Savers at Darlington state Easy Access Saver @ 2.50%?

I had the regular monthly saver with Darlington which has, as you say, converted to an easy access saver. I was speaking to them about something else and it came up in the conversation that this was going to happen. They said customers had been notified. I didn't question it as I assumed that I must have missed whatever they sent but sounds like maybe some of us didn't get the memo! 

I was hanging on to it just in case it became competitive again on the way down but to be honest, I'm quite happy to have it off my RS list now.

No notification here either. Would suggest all forumites affected who were not properly notified contact Darlington BS. If it’s only like one or two of us it’s potentially a postal issue, but if it’s more wide spread perhaps they forgot to issue the notification to part of the mailing list or something.

akh43

Re the Virgin 10% RS which recently closed, I transferred out the balance £3,137.93 once it changed to the EA in the early hours, but wasn't sure if any further interest was due as it last received interest of £64.10 on 30 June and then paid my final £250 on 3 July which brought the balance to what I withdrew, so wondering if there is a bit of interest due for July.  Looking to finally get rid of Virgin once everything is sorted. 

HHUK

akh43 said:

Re the Virgin 10% RS which recently closed, I transferred out the balance £3,137.93 once it changed to the EA in the early hours, but wasn't sure if any further interest was due as it last received interest of £64.10 on 30 June and then paid my final £250 on 3 July which brought the balance to what I withdrew, so wondering if there is a bit of interest due for July. Looking to finally get rid of Virgin once everything is sorted. 

Does the new Virgin Regular Saver Exclusive Issue 3 offering 6.5% (fixed) not appeal?
I understand from previous comments on this thread that the interest for July will be paid at the end of September, unless you close the account that matured before then.

akh43

No it doesn't really appeal, I have a 6.50% Nationwide, 6.25% Skipton and 5.74% Coventry and decided to drop to 3 RS for a while unless something higher than I have appears, which I doubt.  Not closed the Virgin EA I transferred the money out for now so its showing zero.  I don't really want to wait until September so maybe I should actually close the EA account to see if that generates the last bit of interest. Strange way of doing it giving the final interest so long after maturity.

All I have left with Virgin is the current with pennies in, the M Saver again with pennies in and the other 2 accounts at zero, hence why looking to get rid as have had many issues with Virgin over the past few years.  I only opened in the first place to get a good rate ISA several years ago and have never really used the current account, just used for savings.

fuzzzzy

akh43 said:

No it doesn't really appeal, I have a 6.50% Nationwide, 6.25% Skipton and 5.74% Coventry and decided to drop to 3 RS for a while unless something higher than I have appears, which I doubt.  Not closed the Virgin EA I transferred the money out for now so its showing zero.  I don't really want to wait until September so maybe I should actually close the EA account to see if that generates the last bit of interest. Strange way of doing it giving the final interest so long after maturity.

All I have left with Virgin is the current with pennies in, the M Saver again with pennies in and the other 2 accounts at zero, hence why looking to get rid as have had many issues with Virgin over the past few years.  I only opened in the first place to get a good rate ISA several years ago and have never really used the current account, just used for savings.

I quite like Virgin Money for compensation. They have !!!!!! up so many times in various ways for me that I have had plenty from them.

friolento

akh43 said:

No it doesn't really appeal, I have a 6.50% Nationwide, 6.25% Skipton and 5.74% Coventry and decided to drop to 3 RS for a while unless something higher than I have appears, which I doubt.  Not closed the Virgin EA I transferred the money out for now so its showing zero.  I don't really want to wait until September so maybe I should actually close the EA account to see if that generates the last bit of interest. Strange way of doing it giving the final interest so long after maturity.

All I have left with Virgin is the current with pennies in, the M Saver again with pennies in and the other 2 accounts at zero, hence why looking to get rid as have had many issues with Virgin over the past few years.  I only opened in the first place to get a good rate ISA several years ago and have never really used the current account, just used for savings.

6.5% is better than 5.74% and 6.25%, no? 

If your 10% Virgin RS was full, you should receive something in the order of £22 interest for July.

You would be in good company if you kept a cost- and maintenance-free dormant VM current account, as it might serve as a pre-req  for interesting accounts, such as their ISAs and Regular Savers. The 6.5% gives those with historic VM accounts essentially two (some people even three) 6.5% Nationwide RSs. Who knows what other gooddies and opportunities might appear. 

Dizzycap

akh43 said:

No it doesn't really appeal, I have a 6.50% Nationwide, 6.25% Skipton and 5.74% Coventry and decided to drop to 3 RS for a while unless something higher than I have appears, which I doubt.  Not closed the Virgin EA I transferred the money out for now so its showing zero.  I don't really want to wait until September so maybe I should actually close the EA account to see if that generates the last bit of interest. Strange way of doing it giving the final interest so long after maturity.

All I have left with Virgin is the current with pennies in, the M Saver again with pennies in and the other 2 accounts at zero, hence why looking to get rid as have had many issues with Virgin over the past few years.  I only opened in the first place to get a good rate ISA several years ago and have never really used the current account, just used for savings.

I would have thought a Virgin 6.5% fixed rate RS would have been very appealing as the 3 you have a variable. Personally, I'd ditch the 5.74% Coventry RS & open the Virgin RS, but that's me:-)

s71hj

friolento said:

akh43 said:

No it doesn't really appeal, I have a 6.50% Nationwide, 6.25% Skipton and 5.74% Coventry and decided to drop to 3 RS for a while unless something higher than I have appears, which I doubt.  Not closed the Virgin EA I transferred the money out for now so its showing zero.  I don't really want to wait until September so maybe I should actually close the EA account to see if that generates the last bit of interest. Strange way of doing it giving the final interest so long after maturity.

All I have left with Virgin is the current with pennies in, the M Saver again with pennies in and the other 2 accounts at zero, hence why looking to get rid as have had many issues with Virgin over the past few years.  I only opened in the first place to get a good rate ISA several years ago and have never really used the current account, just used for savings.

6.5% is better than 5.74% and 6.25%, no? 

If your 10% Virgin RS was full, you should receive something in the order of £22 interest for July.

You would be in good company if you kept a cost- and maintenance-free dormant VM current account, as it might serve as a pre-req  for interesting accounts, such as their ISAs and Regular Savers. The 6.5% gives those with historic VM accounts essentially two (some people even three) 6.5% Nationwide RSs. Who knows what other gooddies and opportunities might appear. 

What are these 2 or even 3 Nationwide 6.5% RS of which you speak?! 

friolento

s71hj said:

friolento said:

akh43 said:

No it doesn't really appeal, I have a 6.50% Nationwide, 6.25% Skipton and 5.74% Coventry and decided to drop to 3 RS for a while unless something higher than I have appears, which I doubt.  Not closed the Virgin EA I transferred the money out for now so its showing zero.  I don't really want to wait until September so maybe I should actually close the EA account to see if that generates the last bit of interest. Strange way of doing it giving the final interest so long after maturity.

All I have left with Virgin is the current with pennies in, the M Saver again with pennies in and the other 2 accounts at zero, hence why looking to get rid as have had many issues with Virgin over the past few years.  I only opened in the first place to get a good rate ISA several years ago and have never really used the current account, just used for savings.

6.5% is better than 5.74% and 6.25%, no? 

If your 10% Virgin RS was full, you should receive something in the order of £22 interest for July.

You would be in good company if you kept a cost- and maintenance-free dormant VM current account, as it might serve as a pre-req  for interesting accounts, such as their ISAs and Regular Savers. The 6.5% gives those with historic VM accounts essentially two (some people even three) 6.5% Nationwide RSs. Who knows what other gooddies and opportunities might appear. 

What are these 2 or even 3 Nationwide 6.5% RS of which you speak?! 

Some of us have the now NLA Nationwide 6.5% RS. Those lucky enough having two VM current accounts with different sort codes can have two 6.5% VM RSs, one against each of the current accounts. As VM is owned by Nationwide, that makes 3 Nationwide RSs.

s71hj

friolento said:

s71hj said:

friolento said:

akh43 said:

No it doesn't really appeal, I have a 6.50% Nationwide, 6.25% Skipton and 5.74% Coventry and decided to drop to 3 RS for a while unless something higher than I have appears, which I doubt.  Not closed the Virgin EA I transferred the money out for now so its showing zero.  I don't really want to wait until September so maybe I should actually close the EA account to see if that generates the last bit of interest. Strange way of doing it giving the final interest so long after maturity.

All I have left with Virgin is the current with pennies in, the M Saver again with pennies in and the other 2 accounts at zero, hence why looking to get rid as have had many issues with Virgin over the past few years.  I only opened in the first place to get a good rate ISA several years ago and have never really used the current account, just used for savings.

6.5% is better than 5.74% and 6.25%, no? 

If your 10% Virgin RS was full, you should receive something in the order of £22 interest for July.

You would be in good company if you kept a cost- and maintenance-free dormant VM current account, as it might serve as a pre-req  for interesting accounts, such as their ISAs and Regular Savers. The 6.5% gives those with historic VM accounts essentially two (some people even three) 6.5% Nationwide RSs. Who knows what other gooddies and opportunities might appear. 

What are these 2 or even 3 Nationwide 6.5% RS of which you speak?! 

Some of us have the now NLA Nationwide 6.5% RS. Those lucky enough having two VM current accounts with different sort codes can have one 6.5% VM RSs, one against each of the current accounts. As VM is owned by Nationwide, that makes 3 Nationwide RSs.

Reinforces my increasing view that I should totally close pretty much nothing account wise