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Business current accounts
Accounts to build your business on
Explore our Business Current Accounts, including the popular Five-Star Rated M Account for Business
Our Business Current Accounts
M Account for Business
No monthly fee and free day-to-day digital banking
- For businesses with an annual turnover of less than £1 million
- Awarded a Five-Star Rating by Moneyfacts plc.
- 0.25% Cashback and discounts on business purchases when you use your Debit Card*
Business Current Account
25 months' fee free for eligible customers
- For businesses with an annual turnover of less than £6.5 million
- Awarded a Five-Star Rating by Moneyfacts plc.
- 0.35% Cashback and discounts on business purchases when you use your Debit Card*
Business Choice Account
- For businesses with an annual turnover of over £6.5 million
- 0.35% Cashback and discounts on business purchases when you use your Debit Card*
- Discounts on business purchases*
Professional Firms Client Account
- Hold and manage client funds
- No monthly fee for designated client accounts
- Make unlimited deposits and withdrawals
* Terms and Conditions apply to both the Cashback and Discounts on business purchases.
Our Five-Star Rated current accounts
We don't like to brag, but it's good for you to know that our M Account for Business and Business Current Account have been awarded the highest rating from Moneyfacts Group plc of Five Stars based on standout features, which set us apart from the rest of the market.
5 benefits of a business bank account
Opening a business bank account can help you control your cashflow, manage your taxes and even boost your credit rating.
1. Save time and reduce admin
A business current account helps you stay on top of your bills, expenses and customer payments. And with everything in one place, doing your tax return won’t feel such a chore!
You can open an account online, then manage it 24/7 with our app and online banking.
2. Separate your business and personal finances
Using separate personal and business accounts makes it easier to see how well your business is doing.
For added control, you can even open more than one business current account. For example, using one for payroll and one for day-to-day banking.
3. Pay fast. Get cashback!
You can get up to 1% cashback and extra rewards on business purchases with our Business Credit Card and debit cards.**
They’re ready to go with Apple Pay and Google Pay too: giving you fast, flexible payments anytime, anywhere.
4. Integrate with business and accounting tools
Our online bank accounts work seamlessly with business and accounting software like Xero, Sage and QuickBooks. This saves time and effort when you pay bills, take payments, run payroll and do your taxes.
And when you open an account, you can even get Xero free for 6 months.†
5. Boost your credit rating
Having a well-managed business bank account is a great way to build your business credit rating.
This can then make it easier to get a business overdraft or credit card. And if you’re looking to expand or buy equipment, it can help you get a business loan.**
** Credit is subject to status. † T&Cs apply.
M Account for Business
Five-Star Rated account for businesses with a turnover of less than £1 million.
- No monthly account fee as well as free day-to-day online banking
- Open and manage your account online
- Earn Cashback and business savings on Debit Card transactions
For businesses with an annual turnover less than £1 million. Excludes international and CHAPS payments. Turnover more than £1 million? Check out our Business Current Account.
Terms and Conditions apply to both the Cashback and MasterCard Business Savings.
Good to know
Are you an existing customer?
All our helpful information that you might need in one place.
Got a question?
See the answers to the questions we get asked the most.
Current account information
The Financial Conduct Authority asks us to share some information about our business current accounts which can be found here.
How to open a business bank account
It takes just a few minutes to apply online for a business bank account.
When you apply, we need some info about you and the setup of your business. And we also need details about:
- what your business does
- any countries you trade with
- your business finances, including turnover
You can find out more about what you need to open a business bank account on the UK Finance website Link opens in a new window.
It takes just 15 minutes†† to apply online for an M Account for Business – our business current account with no monthly fee.
If you’re a sole trader or limited company, it then takes us a couple of days to open your account, post your new debit card, and get everything ready for you to use our online banking.
It can take a bit longer for our other business current accounts, and for applications from partnerships, limited liability partnerships, or charities, societies and clubs.
But whichever account is right for you, we’ll keep you in the loop and let you know if we need any more info.
††15min average for Sole Director Limited Companies and Sole Traders (August 2025 - October 2025).
Your business in your hands
You can manage your account online or in the app. It's packed with super-smart tools to put you in control of your cash.
Read more about online banking and our app
iOS 14.7 or above
Android 8.0 or above
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Banking services built for business
Use our map to find your nearest Virgin Money Branch and the services it offers. You can book a meeting room or request an appointment online.
For everyday banking, find your nearest Post Office or Banking Hub. Need better access to cash in your area? Request a cash assessment from LINK.
Discover banking services near you
Virgin StartUp
We work with Virgin StartUp to provide support, mentoring and training to our customers. They’re all about helping the founders of businesses get up and running and ultimately thriving.
There's meetup events for people thinking of starting up. Masterclasses and Scale Up events are paid for sessions that help owners navigate the trickier subjects like marketing, brand building raising finance and legal or HR challenges.
Discover more