Highlights
- Free to use and super straightforward current account
- A contactless debit card you can use at home and abroad
- Manage your account with the Virgin Money app, or online
- Comes with Virgin Money M Saver
Important documents
Please download, read and keep these documents
Save with confidence
We're covered by the Financial Services Compensation Scheme. Savings with Virgin Money are covered up to £85,000 per person.
View the FSCS guaranteeAccount summary box
Please read this information before you transfer to this account
M Saver
Effective until 15 June 2025
| Balance | Gross rate (%) | AER (%) |
|---|---|---|
| Balances up to and including £25,000 | 2.48% | 2.50% |
| Balances over £25,000 | 1.99% | 2.00% |
Effective from 16 June 2025
| Balance | Gross rate (%) | AER (%) |
|---|---|---|
| Balances up to and including £25,000 | 2.23% | 2.25% |
| Balances over £25,000 | 1.74% | 1.75% |
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 2 months’ notice as described in your Terms. We may increase your rate without giving you notice
Effective until 15 June 2025
| Initial deposit at account opening | Balance after 12 months |
|---|---|
| £1,000 | £1,025.04 |
| £25,000 | £25,624.64 |
| £50,000 | £51,125.87 |
Effective from 16 June 2025
| Initial deposit at account opening | Balance after 12 months |
|---|---|
| £1,000 | £1,022.50 |
| £25,000 | £25,561.18 |
| £50,000 | £50,999.01 |
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 Saver if you have an M Account with us in the same name(s). The M Saver will stay open as long as the M Account is maintained as described in the terms.
You can open the account in Branch or by calling us on 0800 121 7365. Our team are available 24/7. In certain situations, we may also let you open this account online.
There are no minimum or maximum balance restrictions. And there’s no need to pay in on a regular basis. The M Account is available to selected customers from the age of 16. Subject to status.
You may only withdraw funds by transfer to your M 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 Branch.
Interest will be paid gross.
Before you start
To transfer to Virgin Money M Account, you'll need
- Customer number prefixed with ‘M’ e.g. M1012345678.
- A copy of your ID document[1].
You can find your customer number in your Maturity Pack.
Downloada list of acceptable ID documents for 16-17 year olds.
Need help?
If you need assistance, or would like more information please give us a call on
0800 22 24 26
We're here from 8am to 6pm Monday to Friday and 9am to 1pm Saturdays.
Call charges and information| Number | Cost |
|---|---|
| 03 numbers | Same as calls to 01 or 02 numbers and they are included in inclusive minutes and discount schemes in the same way. |
| 084 numbers | Maximum of 7p per minute, plus your phone company's access charge. |
| 087 numbers | Maximum of 13p per minute, plus your phone company's access charge. |
| 0800 numbers | Free from UK landlines and personal mobile phones. |
Alternatively you can pop into your nearest Branch where our advisers will be happy to help.
Find your nearest Branch