Skip to main content

How to get the offer

Illustration of a person sitting on a wall waving with red hair and red trousers

1. Apply for a current account

Apply for an M Plus Account, Club M Account or M Account between 18 August and 11 September 2026.

Illustration of a percentage symbol

2. We'll open your Linked Saver

If we accept your application, we'll automatically open the Linked Saver that comes with your new current account.

Illustration of a red piggy bank with a pound coin above the coin slot

3. Add money to your Linked Saver

The offer rate applies in the first £10,000 in your Linked Saver from 1 October 2026.

Illustration of a woman holding a big red pound coin above her head

4. Keep your current account open

You must keep your M Plus Account, Club M Account or M Account open to continue receiving interest on your Linked Saver.

Check you can get the offer

You can get this offer if you:

How your new accounts work

If we accept your application, we'll open:

The offer rate applies to money in your new Linked Saver. It does not apply to your current account or your existing savings account.

You must keep your new current account open to receive interest on your Linked Saver.

Linked Saver balanceLinked Saver interest rate
Up to £10,0005.09% AER/ 5.00% gross a year fixed for 12 months, from 1 October 2026 to 30 September 2027
£10,000.01 to £25,0001.75% AER/ 1.74% gross per year (variable)
Over £25,0001.25% AER/ 1.24% gross per year (variable)

Different parts of your balance earn different rates.

For example, if you have £12,000 in your Linked Saver:

The first £10,000 earns the fixed offer rate, the remaining £2,000 earns the variable rate for the part of your balance from £10,000.01 to £25,000. We'll work out how much interest to pay at the end each quarter. This will be based on the money in your Linked Saver.

We'll add the interest to your Linked Saver on the last working day of each quarter.

We can't pay interest into another Virgin Money account or an account with another bank.

Variable rates can go up or down.

We'll contact you before the offer rate ends, letting you know what your new interest rate will be.

Choose your current account

Compare the features and choose the account that suits you.

Everyday bank account

M Plus Account

Our most popular account. It comes with a free linked savings account, access to exclusives and more.

No monthly fee.

View M Plus Account

Packaged bank account

Club M Account

All the features of our everyday bank account. Plus worldwide family multi-trip travel, mobile and gadget insurance. And UK and European breakdown cover.

£14.00 monthly fee.

View Club M Account

Basic bank account

M Account

Great if you have little or no credit history, or non-standard ID. Or you don't qualify for one of our other accounts.

No monthly fee.

View M Account

Offer terms

Read the full terms before you apply.

The offer is for Virgin Money personal savings customers who:

  • live in the UK
  • are aged 18 or over
  • don't have an open personal Virgin Money Current Account or a personal Nationwide Building Society Current Account
  • haven't benefited from this offer before, either individually or through a joint account

You must also meet all the other offer conditions.

Apply for an M Plus Account, Club M Account or M Account from 18 August 2026 up to and including 11 September 2026.

If we accept your application, we'll open:

  • your new current account
  • the Linked Saver that comes with it

Applications are subject to status and eligibility.

You'll receive an interest rate of:

  • 5.09% AER/5.00% gross a year fixed for 12 months

The fixed offer rate applies to the first £10,000 in your Linked Saver from 1 October 2026 to 30 September 2027.

You must keep your M Plus Account, Club M Account or M Account open to receive interest on your Linked Saver.

Different parts of your balance earn different rates:

  • up to £10,000 earns 5.09% AER/5.00% gross a year fixed for 12 months, from 1 October 2026 to 30 September 2027
  • £10,000.01 to £25,000 earns 1.75% AER/ 1.74% gross a year (variable)
  • over £25,000 earns 1.25% AER/ 1.24% gross a year (variable)

We'll work out how much interest to pay at the end of each quarter. This will be based on the money in your Linked Saver.

We'll add the interest to your Linked Saver on the last working day of each quarter.

We can't pay the interest into another Virgin Money account or an account with another bank.

You must keep your M Plus Account, Club M Account or M Account open to receive interest.

Variable rates can go up or down.

We'll contact you before the fixed offer rate ends.

We can withdraw the offer at any time without giving notice. We'll try to give you notice when we can.

If you submit your current account application before we withdraw the offer, you can still receive it if:

  • we accept your application
  • you meet all the other offer conditions

We'll use your personal details to help us run the offer.

English law applies to the offer.

You won't get the offer if:

  • you've benefited from it before, either individually or through a joint account
  • we don't accept your current account application
  • you apply before 18 August 2026
  • you apply after 11 September 2026

Applications are subject to status and eligibility.

If something goes wrong, we'll do our best to put it right.

If something is beyond our control or is not our fault, we may need to change, suspend or end the offer early.

If this happens, we'll give you notice where possible. We'll try to avoid making changes and limit the impact when changes are necessary.

The offer is run by Nationwide Building Society trading as Virgin Money.

Our head office is:

Nationwide House
Pipers Way
Swindon
Wiltshire
SN38 1NW

AER (Annual Equivalent Rate) shows what the interest rate would be if interest was paid and added to the account once a year.

Gross is the interest rate before tax is taken off.