If you're looking for a fee-free bank account, our Essential Current Account could be perfect for you.
It's a basic bank account that’s open to everyone. You can have salary, Universal Credit or other income paid in and manage your bills easily, with no charges.
To open this account a new customer will need to provide us with the following documents and information: 2 pieces of ID and 3 years address history. Find out about the documentation we accept.Link opens in a new window (PDF, 127KB)
We may request additional information or documents in individual cases.
|You can open this account:|
|Without visiting a branch||No|
|Where a visit to a branch is required, without an appointment||In some cases|
|By sending us documents and information electronically||No|
In October 2018, Virgin Money plc (Virgin Money) joined forces with Clydesdale Bank PLC (Clydesdale). So we can bring the two businesses together as one bank, we’re transferring the business of Virgin Money to Clydesdale.
Before you apply, we need to make you aware of some important information about the transfer. This includes how you can object to the transfer if you think it may have a negative impact on you, and how your Financial Services Compensation Scheme (FSCS) protection could be affected.
Get all the perks of being a Virgin Money customer including free use of our Lounges and offers around the world of Virgin.
It’s quick and easy to transfer your existing UK current account to us using the Current Account Switch Service. We can transfer the balance and any Direct Debits and standing orders from your old account to us in just seven business days.
The service is completely free and backed by an industry-wide Current Account Switch Guarantee to ensure the move goes smoothly.
If you’re interested in switching, speak to the team at your local Virgin Money Store.
As we are covered by the Financial Services Compensation Scheme, savings with Virgin Money are covered up to £85,000 per person.