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M Plus Account

Get more from your money

With interest rates on your balances, cashback on spending and access to exclusives. And, it's all for free.

You’ll need to be 18+ and a UK resident to apply online.

Moneyfacts logo: two times award winner 2022-2023. Best current account provider.

Inflate your rate when you switch

Get a bonus interest rate when you switch your current account to us. You'll get an extra 10% gross / 10.47% AER (fixed) on balances up to £1,000 for a year.

New customers only. Terms apply.

Explore the offer
Current account switch guarantee logo

The highlights

From 1 August 2024 we will be reducing our M Plus Current Account rates from 2.02% AER (2.00% gross per annum) to 1.00% (AER gross per annum) on balances up to £1,000. If you fully switch your current account from another provider using the Current Account Switch Service including two direct debits by 26 June 2024, you’ll get: 10% Gross/10.47% AER fixed rate bonus on balances up to £1,000 from 1 July 2024 to 30 June 2025. Anyone who qualifies for the 10% bonus offer will receive an additional 1.00% AER/Gross bonus on balances up to £1,000 from 1 August 2024 - 30 June 2025. The switch offer is available to new customers only. Terms apply.

Get the lowdown on the linked saver

It’s quick to transfer money between your current account and linked saver account. And if you use the app or online banking, you can see the balances whenever you want.

Check out the M Plus Saver summary box:

BalanceGross rate (%)AER (%)
Balances up to and including £25,0002.48%2.50%
Balances over £25,0001.99%2.00%

Interest is calculated on a daily basis and paid on the last working day of each calendar quarter.

Yes, if we decrease your rate we’ll provide at least two months’ notice as described in your Terms. We may increase your rate without giving you notice

Initial deposit at account openingBalance after 12 months

This is only an example and doesn't take into account your individual circumstances.

The example assumes that:

  • no further deposits or withdrawals are made;
  • any interest earned stays in the account; and
  • there is no change to the interest rate.

You may only open an M Plus Saver if you have an M Plus Account with us in the same name(s). The M Plus Saver will stay open, as long as the M Plus Account is maintained as described in the Terms.

The account can be opened in Store or online,, or call us on 0800 121 7365, someone from our team will be available 24/7.

There are no minimum or maximum balance restrictions or need to pay in on a regular basis. The M Plus Account is available to anyone from the age of 16. Subject to status.

If you want to apply online, you'll need to be at least 18. Subject to status.

You may only withdraw funds by transfer to your M Plus Account or any other account that we allow you to make a transfer into using online/telephone banking, the Virgin Money Mobile Banking app or in Store.

If you apply for an account, you’ll need to download and read these documents:

Customer quote Michael Woosnam “Easy and quick. No complex information required.” Customer quote June Redman “Would highly recommend to anyone who is thinking of changing banks.”

Ready to apply?

You can use the Virgin Money Mobile Banking app, or apply online.

Get started