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No monthly account fee? Yes, please.

Designed for businesses with an annual turnover less than £1 million, the M Account for Business has no monthly fee as well as free day-to-day online banking. Say goodbye to monthly account fees and say hello to the M Account for Business.

Open your account online in a few easy steps and manage it digitally with Business Internet Banking and our banking app. They help you keep track of everything anytime, anywhere.

Excludes international and CHAPS payments. Turnover more than £1 million? Check out our Business Current Account.

Giving back to your business
Use your Debit Card and get 0.35% cashback up to £500 until 31st January 2022 and then 0.25% with no cap thereafter. Cashback exclusions and conditions apply.
Discounts on business purchases
Mastercard discounts available when you use your Debit Card at selected merchants, including tax software, travel and more. Savings discounts Terms and Conditions apply.
Planned Borrowing made easy
Automatic access to £1,000 of Planned Borrowing (overdraft).

9% representative EAR up to £1,000. 8.5% (variable) per annum over the Bank of England Base Rate. Interest is calculated daily and charged monthly.

View the rates and fees

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More cash for your business

Get Cashback for your business when you use your Debit Card. M Account for Business customers, will earn 0.25% Cashback with no cap. Plus, you’ll benefit from an introductory offer of 0.35% Cashback until 31st January 2022 (capped at £500). Terms and Conditions apply.

Frequently asked questions

No. Our M Account for Business has no monthly account fee.

Yes. Not only is it free to set up an M Account for Business, it’s also really simple.

Yes, it’s really simple to apply for and open an M Account for Business online. You can do that by clicking here.

It should only take 15-20 mins to apply for a M Account for Business account.

Take control with our digital tools

Our Business Internet Banking tools work beautifully together on any device

Discover our app
Discover business internet banking

Save with confidence

Your deposits with Virgin Money are covered up to £85,000 per business.

View the FSCS guarantee

Before you apply

Before applying please make sure you have read the following;

Ready to apply?

Get started or continue where you left off.

Before we begin with your new application

Are you already an existing customer?

Please select one of the following:

Is this a limited company with one single director?

Are all the owners of your business individual persons?

Please select one of the following:

Switch to us in just 7 working days

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.

More on switching

Business Current Account Checklist

What you’ll need to open an account

Alongside other UK banks and UK Finance, we've agreed to a basic set of information that you'll need to supply to set up your new current account. This simple guide will help you work out what information you need.

View the guide Link opens in a new window

Which account has your name on it?

This isn't the only business current account we can offer you. To help you decide if it's the one for your business, see how it stacks up against the others.

Compare accounts