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Virgin Money Exclusive Regular Saver
Virgin Money have launched vers.6 which is now available on their website. Rate fixed at 6.5% AER until maturity 30/06/2027.
I've been waiting for this as my previous RS matured a few weeks back.
Comments
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Thanks for the heads up. Only allowed 1 Virgin RS, so if you have a current one, you have to wait for maturity and hope it's not gone NLA by then.
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Wonder if you can close existing one early and then open this one?
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You can but it’s a bit of a pain as it takes a few days and the form is hidden on their website
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You can but it’s not quick and might not be the best option if you already have a nearly full one earning 6.5%
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Yes, I did that back in February when the previous issue was released. It took a couple of days. So you run the risk of it being withdrawn. From previous experience, Virgin regular savers are available for a month, so if you close/re-open now you should be fine.
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Mine matures on 28/8 so I’m thinking I might be best to close it and apply for a new one? Take it there are no interest penalties? Also, do I need to empty it first?
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