Here to help your business grow
If you're a new business or just new to Virgin Money, you could qualify for our 25 months' free day-to-day banking offer when you open or switch to this Five Star Rated business current account.
- Awarded a Five Star Rating by Moneyfacts plc.
- 25 months' free day-to-day banking.
- Eligible deposits are covered up to £85,000 per business.
- Switching to us is easy. You choose the date, we'll handle the rest.

3 months of QuickBooks or Xero fee-free. T&Cs apply
View offerBusiness Current Account benefits
No monthly fee
25
months' free
day-to-day banking
With the Business Current Account, you can save on those everyday transactions, giving you more cash to put towards growing your business.
Giving back to your business
0.35%
Business Current Account customers will earn 0.35% Cashback (capped at £500 per calendar year per Debit Card). Terms and exclusions apply. Link opens in a new window
Discounts on business purchases
£££
Mastercard discounts available when you use your Debit Card at selected merchants, including tax software, travel and more. Terms and exclusions apply Link opens in a new window.
A cash limit (paid in, paid out or exchanged) of £250,000 per year applies. Charges for additional services or borrowing charges (as outlined in our Business Banking Tariff Guide are not part of the free day to day banking offer. Excludes international and CHAPS payments.
After enjoying 25 months' free, you'll automatically start paying £6.50 per month.
View qualifying termsTake a closer look at the Business Current Account
Who's it for?
- Start-Ups
- Sole traders
- Limited Companies
- Limited Liability Partnerships
- Partnerships
- Those with an annual turnover less than £6.5million
What does it work with?
- Compatible with Apple and Google Pay
- Can be integrated with SageFrom Business Internet Banking and our app, you can integrate with Sage
- Can be integrated with XeroFrom Business Internet Banking and our app, you can integrate with Xero
- Can be integrated with QuickBooksFrom Business Internet Banking and our app, you can integrate with QuickBooks
- Automated business spending categorisation
What are the features?
- Make free UK bank transfersNo payment charges on UK bank transfers. You can make a domestic bank transfer (we are part of the UK’s Faster Payments network) of up to £30,000 per transaction in your app / on Business Internet Banking
- Mastercard discountsMastercard discounts available when you use your Debit Card at selected merchants, including tax software, travel and more. Savings discounts Terms and Conditions apply
- In-app cheque scanning
- Manage scheduled payments
- Instant payment notifications
- Expert mentoring and guidance from Virgin Startup
- Paper-free statements and most letters
M-Track dashboard
Power up your business data and manage it in one place with our free insights platform.
- Connect with a mix of key business tools.
- Use insights to help dig deeper and plan ahead.
- Access expertise from our business network.


An easy way to track, budget and pay
Show your money who's boss with our business current account tools.
- Manage your ins and outs
- View previous statements. Set up and manage Direct Debits and standing orders.
- Be in the know
- Set your weekly transaction and balance alerts as you like it.
- Tap, touch, ta-da!
- Deposit cheques digitally and pay with Apple Pay and Google Pay.
Good to know

What you'll need to open an account
Together with other UK banks and UK Finance, we've established a basic set of information required to open a new business bank account online.

Switch your current account
Switching to us is straightforward with the Current Account Switch Service. You choose the date you'd like to switch and we'll do the rest.

Protecting your money
Sleep easy with protection on eligible deposits up to £85,000 per business. Provided through the Financial Services Compensation Scheme (FSCS).
Check if the Business Current Account is right for you
Is your business eligible? Read the important info
- Annual turnover of less than £6.5million
- Based and operated in the UK
(excluding Channel islands, Isle of Man & Northern Ireland) - Have owners, directors, senior management and account signatories over 18 years old
- Not currently bankrupt
- Have never been disqualified as a company director
- Operate in or trade with Crimea (Ukrainian territory), Iran, North Korea or Syria
- Have bearer shares within their ownership structure
- Are a shell bank
- Undertake money services business as a primary or secondary business activity (e.g. bureau de change, money transmitters and cheque encashment agencies)
- Are registered (or planning to register) as a payment service provider
- Are a medicinal cannabis related business
- Are an unregistered high value dealer
- Have nominee shareholders within the business structure
- Are known or suspected of money laundering or tax evasion
- Financial information, including business turnover
- Companies House name or registration number
(If applicable to your business) - Three years of personal address history for anyone you want to operate and use this account, plus anyone who own or controls 25% or greater of the business
- If your business is a Limited Company, Partnership or a Limited Liability Partnership, we'll also need this information for any Directors, Partners, Members of Senior Management (Chairperson, Chief Executive/Managing Director)
- The authority to apply for this account on behalf of the business
- A business email and mobile phone number
- You may need to provide a live selfie and an identity document to confirm who you are with our identity partners Mitek
- If proof of trading is not provided at outset it must be as soon as information becomes available, within 6 months or your account is at risk of being closed