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FEATURED ACCOUNT
M Plus current account 1.00% AER1 (1.00% Gross2 P.A.) variable on balances up to £1,000, interest paid monthly.
Moneyfacts best Current Account Provider 2022/2023, Virgin Money.
Linked to the M Plus Saver 2.50% AER1 (2.48% Gross2 P.A.) variable on balances up to £25,000, and 2.00% AER1 (1.99% Gross2 per annum variable) on balances above £25,000. Interest paid quarterly.
Account features
  • Pay money in at any time
  • Take money out at any time
  • No monthly fee
  • Exclusive rewards
M Power current account 1.00% AER1 (1.00% Gross2 P.A.) variable on balances up to £1,000, interest paid monthly.
Linked to the M Power Saver 2.50% AER1 (2.48% Gross2 P.A.) variable on balances up to £25,000, and 2.00% AER1 (1.99% Gross2 per annum variable) on balances above £25,000. Interest paid quarterly.
Account features
  • Pay money in or take money out at any time
  • No monthly fee
  • They get a debit card and app to manage their money
  • You can keep track of their spending from your app
Fixed rate of:

4.51%

AER1 Tax-free3
Awarded Best Cash ISA Provider 2024 by Savings Champions
Awarded Best Cash ISA Provider 2024 by Savings Champions
Pay money in Within 30 days from product withdrawal Pay up to £20,000 in the current tax year. ISA Transfers in are accepted during this period.
Take money out Subject to a charge Equivalent to 60 days loss of interest on the amount withdrawn
Variable rate of:

4.51%

AER1 Tax-free3
Awarded Best Cash ISA Provider 2024 by Savings Champions
Awarded Best Cash ISA Provider 2024 by Savings Champions
Pay money in At any time Pay up to £20,000 in the current tax year. ISA transfers in are accepted at anytime
Take money out At any time
Fixed rate of:

4.11%

AER1 Tax-free3
Awarded Best Cash ISA Provider 2024 by Savings Champions
Awarded Best Cash ISA Provider 2024 by Savings Champions
Pay money in Within 30 days from account opening Pay up to £20,000 in the current tax year. ISA Transfers in are accepted during this period.
Take money out Subject to a charge Equivalent to 60 days loss of interest on the amount withdrawn
Variable rate of:

4.51%

for the first three withdrawals,
followed by a variable rate of

2.00%

AER1 Tax-free3
Awarded Best Cash ISA Provider 2024 by Savings Champions
Awarded Best Cash ISA Provider 2024 by Savings Champions
Pay money in At any time Pay up to £20,000 in the current tax year. ISA transfers in are accepted at anytime
Take money out At any time
Variable rate of:

4.51%

for the first three withdrawals,
followed by a variable rate of

2.00%

AER1 Gross2 P.A.
Moneyfacts Awards 2023. Best No Notice Account Provider, Virgin Money.
Moneyfacts Awards 2023. Best No Notice Account Provider, Virgin Money.
Pay money in At any time Pay in up to a maximum balance of £250,000
Take money out At any time
Fixed rate of:

4.11%

AER1 Gross2 P.A.
Pay money in For a limited period of time Up to the maximum balance of £1,000,000
Take money out No withdrawals permitted during the fixed rate period

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We're covered by the Financial Services Compensation Scheme. Savings with Virgin Money are covered up to £85,000 per person.

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