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Points aplenty to live a life more Virgin

Where will 15,000 Virgin Points take you? You could indulge in an overnight stay, sip some luxurious wine or soar high with a one-on-one flying lesson.

How you spend your points is up to you - there are experiences to enjoy across the Virgin Group. Once your account is open, and you’ve met the qualifying terms, we’ll email you a Virgin Red promo code to claim your 15,000 points, within 14 days of meeting all qualifying criteria.

Just remember, the range of rewards available from Virgin Red can change from time to time and these are only examples of what’s on offer.

Things just got interesting

Feast on a 2.02% AER1 (2.00% gross1 per annum variable) interest rate, paid monthly, on your M Plus Account balance up to £1,000.

Plus, when you open an M Plus Account, you’ll get a linked M Plus Saver too.

Any money you move into your linked M Plus Saver will earn 0.35% AER1 (0.35% gross1 per annum variable), interest paid quarterly.

Switch offer terms

To qualify for 15,000 shiny Virgin Points, make sure you read and follow a few simple steps within 45 days of your account opening date.

You’ll get the interest rate of 2.02% AER1 (2.00% gross1 per annum variable) on current account balances up to £1,000 as soon as you’ve opened your account.

Terms apply. UK, 18+. Offer may be withdrawn at any time. Virgin Red customers only. Excl. existing Virgin Money, Clydesdale & Yorkshire Bank current account customers, account closures since 28/02/21 & those who’ve taken up previous Virgin Red offers for switching to Virgin Money or Virgin Money Brighter Money Bundles offers.

Set up and switch, all in one sitting

Apply online for your account, register for mobile banking and start your current account switch all at the same time.

Once you’ve applied, you can roll right into mobile banking registration. Packed full of clever tools, our app makes money easy, and it’s simple to set up.

Next, start your switch. We take care of it all from start to finish, all backed by the Current Account Switch Guarantee.

The new Brighter Money Bundle is here!

Say hello to our other M Plus Account switching offer Link opens in a new window. Terms apply.

See you on the brighter side

Find out more and switch to our award winning* current account today.

Apply for an M Plus Account

Our offer is also available when you switch to our Club M Account. Terms apply.

*M Plus Account rated ‘Outstanding’ by Moneyfacts® 2020/21

Frequently asked questions

General

Great news - you can get our exclusive Virgin Points offer once you've completed all the offer conditions detailed in our terms. When that’s done, we’ll do some checks and send you an email within 14 days with your unique Virgin Red promo code and instructions on how to claim your Virgin Points.

Once we've confirmed everything, we'll send you an email with your unique Virgin Red promo code and instructions on how to claim your Virgin Points. Keep an eye on your inbox, as it might take up to 14 days from meeting the offer conditions for this to reach you.

We've launched this special offer just for new customers. Don't worry though, we haven't forgotten about you. Head to the 'Exclusive Rewards' section within your Virgin Money mobile app and see the exciting offers we have available to thank you for being a Virgin Money current account customer.

We're sorry, but this offer is only available for our M Plus Account and Club M Account. We're not running this offer on our M Account right now.

Yes, you can apply for a joint account and receive Virgin Points if you complete all the offer conditions detailed in our terms. Particularly for joint accounts, you’ll need to make sure both account holders agree to switch. Just remember, only the primary account holder will receive the Virgin Points.

This offer is subject to availability. Just so you know, we can remove the offer at any time without notice. If you apply while this offer is still available and everything checks out, you'll be accepted. Or if we withdraw the offer when you're in the middle of meeting all the conditions, you'll still qualify. You just need to meet the rest of the conditions within 45 days of the date you opened your account.

You can do this straight away when you apply online and you'll be presented with the option to give us your switch instruction. On the other hand, if you want to come back and do this later there are a few options available to you. The simplest way to complete the CASS switch is online. Click here to sign-in Link opens in a new window, pick up your original application, and provide us with your existing bank details. Once you submit your online form, the rest is over to us. Remember to select a switch complete date that's within 45 days of your account opening date.

If you are applying for a Joint Account, we'll need to set this up over the phone. Just call us on 0800 678 3654.

If you have any active Direct Debits on your existing current account, they will be automatically transferred across to your new M Plus Account or Club M Account when you go ahead with the full switch. Don't worry, if you don't have any Direct Debits set up on your old account, you can set them up once your account is open.

The Virgin Money mobile app is available to version 10.0 or above for iPhones, iPads or iPod touch, and version 5 and above for Android

To qualify for the offer, you must use our mobile banking app. There are some fantastic features within the mobile app that will help make day to day banking easier.

Existing business current account customers who don’t already have a Virgin Money, B, Clydesdale Bank or Yorkshire Bank personal current account, or who haven't held a personal current account with us since 28 February 2021; and haven’t previously taken up a Brighter Money Bundle or Virgin Red offer for switching to Virgin Money will be eligible if they apply for our M Plus or Club M Accounts and meet the offer conditions.

Virgin Red

Your Virgin Points can be spent on a wide range of exciting rewards ranging from Everyday Treats to Extraordinary Experiences and everything in between. Log in to the Virgin Red app and discover all the different options.

The great news is that Virgin Points don't expire. However, your Virgin Red promo code to claim your points will expire on 1 July 2022. Make sure you redeem your Virgin Red promo code before it expires.

Virgin Points can’t be exchanged for cash or any other product outside of the Virgin Red app.

Each of our partners has strong Covid policies, whether it is extending a voucher until it can be used, or postponing travel dates until restrictions have been lifted. To be sure, you’ll see our partners' terms and conditions before you apply.

There’s no option to transfer your points just now, but it may become a feature in the future.

No. The points that have not yet been redeemed for a reward will remain on your account until you decide to use them. They will never expire.

Terms & conditions

Virgin Red Switching Offer

Who can take up this offer?

  • New Virgin Money M Plus Account and Club M Account customers who:
    • have a Virgin Red account;
    • are 18+;
    • are resident in the UK;
    • don’t already have a Virgin Money, Clydesdale Bank or Yorkshire Bank branded current account, and haven’t closed one recently (since 28 February 2021); and
    • haven’t previously taken up a Brighter Money Bundle or Virgin Red offer for switching to Virgin Money.

How do you take up this offer?

  • Apply online for our M Plus or Club M Account from the Virgin Red app or website.
    • You’ll see this offer listed in the “Earn Points” section of the Virgin Red app and website. Just click on “Get Points” when you want to go ahead. This will link you to the application page on the Virgin Money website. It’s important that you follow these steps to make sure you get the right application process for this offer. If you don’t, you might not get your points... and we don’t want that!
    • You won’t be able to take up this offer if we need to decline your application. This could happen for example, if you aren’t eligible due to your financial circumstances. This includes where we offer you the M Account instead of the M Plus or Club M Account.
  • Once your new current account is open, you must complete the following steps within 45 days of your account opening date.
    1. Fully switch your existing current account to us using the 'Current Account Switch Service', with at least two direct debits.
      • A full switch means that all your regular outgoing payments from your existing current account will be transferred to your new current account and your existing account will be closed on the date you select to switch. Note, this doesn't include any recurring payments set up on your old debit card, such as film and music streaming subscriptions.
      • As part of the switch any direct debits will be transferred to your new account for you. If you don’t have two direct debits you can set these up as soon as your account is open.
      • If you are switching from a joint account, you’ll need to make sure both account holders agree to a full switch.
      • You can find out more about the 'Current Account Switch Service' process here.
    2. Download and login to the Virgin Money Mobile Banking app. You can do this as soon as your account is open.
    3. Both our M Plus and Club M Accounts come with a linked savings account. You must pay in at least £1,000 into your linked M Plus Saver or Club M Saver, and keep this in your account until we send you your Virgin Red promo code.

What is the offer?

  • If you meet the offer conditions, we’ll give you a Virgin Red promo code. You can redeem this code with our friends at Virgin Red to get 15,000 Virgin Points.
  • We’ll send you an e-mail with your promo code within 14 days of you meeting the offer conditions. We’ll send your code to the e-mail you gave during your account application. The e-mail will provide instructions on how to redeem the code within the Virgin Red app or website.
  • Your Virgin Red promo code can be used until 1 July 2022 . Make sure to redeem your code before then.
  • After you’ve redeemed your Virgin Red promo code, the points are added to your Virgin Red account. There is no specific expiry date for using the points. You’ll be free to use them in line with Virgin Red’s programme terms. You can find the terms here: www.virgin.com/virgin-red/terms-and-conditions Link opens in a new window.
  • We thought we should highlight a few key things from Virgin Red’s terms:
    1. the points don’t have a cash value and they can’t be swapped for cash;
    2. the available offers can change from time to time; and
    3. the points cost for each offer can change too.
    Although we’ll be working closely with our friends at Virgin Red on this promotion, we aren't responsible for their terms, their marketing, or any of the offers available through their app. Just contact Virgin Red or the relevant offer provider if you have any questions about these topics.

When can you take up the offer?

  • The offer will be available on an ongoing basis until we withdraw it. We can withdraw the offer without giving you any advance notice, but we’ll try to give some notice if we can.
  • The offer is subject to availability. This means we will definitely withdraw it when we’ve used up our stock of Virgin Red promo codes.
  • You don’t need to worry if we withdraw the offer when you’re part way through meeting the offer conditions. As long as you’d submitted your account application before we withdraw the offer, you can still qualify. You’ll just need to continue to meet the rest of the conditions.

What else do you need to know?

  • You can only benefit from this offer once. If you are a joint account holder, you can only take part once between you and your joint account holder.
  • Applications for the M Plus Account and Club M Account are subject to status and eligibility criteria.
  • We’ll use your personal information to help us run the offer.
  • English law applies to the offer.
  • If something goes wrong, we’ll try to fix it. If we can’t because it’s something we can’t control, or it’s not our fault, then we may have to change the offer. This includes suspending the offer or ending it early. We can make such changes without giving you notice. However, we’ll try our best to avoid making changes. And we’ll try to minimise any disappointment to you when we make changes.

Who is the promoter?

  • We are Clydesdale Bank PLC trading as Virgin Money.
  • Our company number is SC001111.
  • Our registered office is 30 St Vincent Place, Glasgow, G1 2HL.

Looking for our previous Virgin Red offers?