Virgin Money current accounts
Say hello to our current accounts
Check out our bank accounts to find the one that suits you
Explore what's on offer
Everyday bank account
M Plus Account
No monthly fee for maintaining the account
- 1.00% AER2 on your current account balance up to £1,000
- 2.25% AER1 on your linked saver balance up to £25,000.
- Exclusive access to accounts and offers
- £0 fees when you use your card overseas
Packaged bank account
Club M Account
£12.50 monthly fee for maintaining the account
- All features from the everyday bank account, plus:
- Worldwide family multi-trip travel insurance
- Breakdown cover
- Mobile and gadget insurance
Basic bank account
M Account
No monthly fee for maintaining the account
- Open this account with little or no credit history
- We can accept non-standard ID for application
- Exclusive access to accounts and offers
- A free linked saver account
Child bank account for 11 to 15 year olds
M Power Account
No monthly fee for maintaining the account
- For 11 to 15s
- They get a debit card and app to manage their money
- You can keep track of their spending from your app
- Mature to our everyday bank account at 18
Exclusive rates and offers
Unlock a bank account for your kids, mortgage offers and more with a basic, everyday or packaged current 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 Branch.
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.
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 February 2025
As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,000 customers of each of the 17 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 February 2025.
Authorised push payment (APP) scams rankings in 2023
Published June 2024
Authorised push payment (APP) scams 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 2023.
You can read the full report by visiting www.psr.org.uk/app-fraud-data Link opens in a new window.
Share of APP scams refunded
This is the proportion of total APP fraud losses that were reimbursed, ranked out of 14 firms.
APP scams sent per £million transactions
This is the amount of money sent from the victim’s account to the scammer, ranked out of 14 firms.
For example, for every £1 million of Virgin Money transactions sent in 2023, £160 was lost to APP scams.
APP scams received per £million transactions: smaller UK banks and payment firms
This is the amount of money received into the scammer’s account from the victim, ranked out of all UK banks and payment firms.
For example, for every £1 million received into consumer accounts at Skrill, £18,550 of it was APP scams.
APP scams received per £million transactions: major UK banks and building societies
This is the amount of money received into the scammer’s account from the victim, ranked out of all UK banks and payment firms.
For example, for every £1 million received into consumer accounts at Virgin Money, £285 of it was APP scams.
