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Virgin ISA - confused
edinhome
Posts: 9 Forumite
Hello,
Apologies if this is a daft question.
I have an ISA with Virgin which matures on 24 April, so I am transferring it to another ISA.
The interest on the existing ISA though is paid each August. So, I received some interest August 2024.
When will I receive the interest from August to now? I'm assuming that as the ISA will no longer exist in August 26, it can't be then, so is it following the closure of this ISA next week?
Thank you
Apologies if this is a daft question.
I have an ISA with Virgin which matures on 24 April, so I am transferring it to another ISA.
The interest on the existing ISA though is paid each August. So, I received some interest August 2024.
When will I receive the interest from August to now? I'm assuming that as the ISA will no longer exist in August 26, it can't be then, so is it following the closure of this ISA next week?
Thank you
0
Comments
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Normally any interest accrued is paid as part of the account closure.1
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My Virgin, Newcastle, ISA261 (sort code starting 08) matures on the 24 April. The interest will be added on the 24th just as it matures. If you have the same account then you can login to the Virgin portal and select the account, select maturity and it gives the value of the interest to be added.2
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