Virgin Money current accounts
Say yes to the best current account provider 2022
- 2.02% AER1 on your current account balance up to £1,000
- Cashback from selected retailers
- Super fast digital sign up
Choose an account
M Plus Account
No monthly fee
- 2.02% AER1 on your current account balance up to £1,000
- 3.55% AER2 on your linked saver balance up to £25,000
- Cashback from selected retailers
- £0 fees when you use your card overseas
Club M Account
£12.50 monthly fee
- All features from the M Plus Account
- Worldwide travel insurance
- UK breakdown cover
- Mobile and gadget insurance
Compare all our accounts
Make sure you're choosing the right account for you
Arriving from the Ukraine?
We're here to help you with our free to use account
Current account FAQs
Can I open a bank account online?
Yes, you can open a bank account online or by downloading our app. Simply choose an account and click "Get started".
What do I need to open a bank account?
You'll need to be over 18 and living in the UK. Over 16s can open an account in Store.
You'll need your phone and ID (such as drivers license) to run though some verification checks.
We'll also ask some generic questions about your income and recent addresses.
What is a current account?
A current account is a bank account that you can put your money into to keep it safe.
Your income or salary is usually paid into your current account. A current account usually comes with a debit card that you can use for spending.
Many current accounts like those at Virgin Money come with extras. These extras can be things like interest on your balance, an app, cashback on your spending, and more.
Is a debit card a current account?
A debit card is a card you get when you open a current account. You can use the debit card in a shop or online to pay for goods and services.
You can now add your debit card to the Wallet in your phone with Apple Pay or Google Pay. You can then use your phone to make secure payments in apps, on the web, and in shops.
More current account FAQs
Link opens in a new windowiOS 14.7 or above
Link opens in a new windowAndroid 8.0 or above
Your money in your hands
You can manage your account in the app or online. It's packed with super-smart tools to put you in control of your cash.
Android 8.0 or above
Your money in your hands
You can manage your account in the app or online. It's packed with super-smart tools to put you in control of your cash.
iOS 14.7 or above
Your money in your hands
You can manage your account in the app or online. It's packed with super-smart tools to put you in control of your cash.
Service to make you smile
We're here to help you feel happier about money. If you need us please get in touch.
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Independent service quality survey results
Personal Current Accounts - published August 2023
As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,000 customers of each of the 16 largest personal current account providers if they would recommend their provider to friends and family.
The results represent the view of customers who took part in the survey.
View the full set of resultsOverall service quality
We asked customers how likely they would be to recommend their personal current account provider to friends and family.
Ranking
Overall service quality - Published August 2023.
Authorised push payment (APP) fraud rankings in 2022
Published October 2023
Authorised push payment (APP) fraud happens when someone is tricked into transferring money to a fraudster's bank account.
These charts use data given to the Payment Systems Regulator (PSR) by major banking groups in the UK in 2022.
You can read the full report by visiting www.psr.org.uk/app-fraud-data Link opens in a new window.
Share of APP fraud refunded
This data shows the proportion of total APP fraud losses that were reimbursed, out of 14 firms. Higher figure is better.
APP fraud sent per £million transactions
This data shows the amount of APP fraud sent per million pounds of transactions, out of 14 firms. Lower figure is better.
APP fraud received per £million transactions: smaller UK banks and payment firms
This data shows the amount of APP fraud received per million pounds of transactions, ranked out of 20 firms. Lower figure is better.
APP fraud received per £million transactions: major UK banks and building societies
This data shows the amount of APP fraud received per million pounds of transactions, ranked out of 20 firms. Lower figure is better.
