Virgin Money

Virgin Money was launched by Sir Richard Branson back in the mid 1990s, starting out in the savings and investments market before slowly expanding into mortgages, credit cards and insurance.

Virgin Money acquired its banking license in 2010 through the acquisition of Church House Trust, although at this time it had no branches. In 2012, it bought itself a high street presence, by acquiring Northern Rock and in 2014 the bank was floated on the London Stock Exchange.

In 2018 Virgin Money was bought by Clydesdale and Yorkshire Banking Group - which owns Clydesdale Bank and Yorkshire Bank.

Virgin money offers a full range of banking and insurance products including: bank accounts, credit cards and travel insurance. Its travel insurance is underwritten by the ERGO Travel Insurance Services Ltd.

Virgin Money
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Bank accounts

Ranked 16th of 28 providers reviewed.

Customer happiness 58.91%
Customer trust 55.44%
Complaints performance 67.62%
Transparency rating 82.19%
Fairer Finance score
Reviewed Autumn 2022
66%

Credit cards

Ranked 18th of 31 providers reviewed.

Customer happiness 57.07%
Customer trust 53.17%
Complaints performance 67.61%
Transparency rating 61.81%
Fairer Finance score
Reviewed Autumn 2022
60%
Gold ribbon: first place

Life insurance

Ranked 6th of 26 providers reviewed.

Claims score 93.85%
Complaints performance 83.13%
Transparency rating 66.05%
Fairer Finance score
Reviewed Autumn 2022
81%

Mortgages

Ranked 15th of 23 providers reviewed.

Customer happiness 49.2%
Customer trust 47.61%
Complaints performance 82.11%
Transparency rating 67.98%
Fairer Finance score
Reviewed Autumn 2022
62%

Personal loans

Ranked 23rd of 26 providers reviewed.

Customer happiness 50.51%
Customer trust 44.44%
Complaints performance 67.61%
Transparency rating 73.55%
Fairer Finance score
Reviewed Autumn 2022
59%

Savings Accounts

Ranked 30th of 50 providers reviewed.

Customer happiness 49.81%
Customer trust 50.92%
Complaints performance 67.61%
Transparency rating 83.55%
Fairer Finance score
Reviewed Autumn 2022
63%

Bank accounts

Basic bank accounts

Virgin Money

M Account

5 stars
Cash withdrawal fee in UK (own bank) i £0.00
Annual fee i £0.00
Part of FSCS i
Faster Payment limit i £100,000.00
Maximum cash machine withdrawal per day i £350.00
Can you use your card to pay for items overseas? i

Current accounts

Virgin Money

M Plus Account

4 stars
Annual fee i £0.00
Maximum cash machine withdrawal per day i £500.00
Part of FSCS i
Cash withdrawal fee in UK (own bank) i £0.00
Card payment fee (£) i £0.00
App capability? i

Foreign use bank accounts

Virgin Money

M Account

5 stars
Foreign cash withdrawal fee i 0%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i Unlimited

Virgin Money

Club M Account

5 stars
Foreign cash withdrawal fee i 0%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i Unlimited

Virgin Money

M Plus Account

5 stars
Foreign cash withdrawal fee i 0%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i Unlimited

Virgin Money

Private Account

4 stars
Foreign cash withdrawal fee i 0%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 0%
Is there a limit on free cash withdrawals? i Unlimited

Overdrafts

Virgin Money

Private Account

3 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 14.9%

Virgin Money

M Plus Account

2 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 19.9%

Virgin Money

Club M Account

2 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 19.9%

Premium bank accounts

Virgin Money

Club M Account

4 stars
Add-ons, cashback and rewards i AIG worldwide travel insurance with winter sports cover for holder and family (includes 24 hour access to a doctor at home or abroad), Green Flag UK breakdown cover, Assurant mobile and gadget insurance for holder and family
Part of FSCS or international equivalent i

Credit cards

0% balance transfer credit cards

Virgin Money

20 Month Balance Transfer Card

4 stars
Duration of 0% balance transfer offer period i 20 months
Balance transfer fee during promotional period i 2%
Representative APR i 22.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 2%
Representative balance transfer rate i 1.7366%
Risk based? i

Virgin Money

28 Month Balance Transfer Card

3 stars
Duration of 0% balance transfer offer period i 28 months
Balance transfer fee during promotional period i 3%
Representative APR i 22.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3%
Representative balance transfer rate i 1.7366%
Risk based? i

Virgin Money

12 Month Balance Transfer and Purchases All Round Card

3 stars
Duration of 0% balance transfer offer period i 12 months
Balance transfer fee during promotional period i 2%
Representative APR i 29.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 2.9%
Representative balance transfer rate i 2.2072%
Risk based? i

Virgin Money

16 Month Balance Transfer Card

3 stars
Duration of 0% balance transfer offer period i 16 months
Balance transfer fee during promotional period i 1.5% to 3.0%
Representative APR i 22.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3%
Representative balance transfer rate i 1.7366%
Risk based? i

Virgin Money

24 Month Balance Transfer Card

3 stars
Duration of 0% balance transfer offer period i 24 months
Balance transfer fee during promotional period i 2.5%
Representative APR i 22.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 2.5%
Representative balance transfer rate i 1.7366%
Risk based? i

Virgin Money

Travel Card

3 stars
Duration of 0% balance transfer offer period i 9 months
Balance transfer fee during promotional period i 2%
Representative APR i 22.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 2%
Representative balance transfer rate i 1.7366%
Risk based? i

Virgin Money

12 Month Balance Transfer Card

3 stars
Duration of 0% balance transfer offer period i 12 months
Balance transfer fee during promotional period i 1% to 2%
Representative APR i 22.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 2%
Representative balance transfer rate i 1.7366%
Risk based? i

Virgin Money

14 Month Balance Transfer Card

3 stars
Duration of 0% balance transfer offer period i 14 months
Balance transfer fee during promotional period i 2.5%
Representative APR i 29.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 2.5%
Representative balance transfer rate i 2.2072%
Risk based? i

Virgin Money

14 Month All Round Credit Card Mastercard

3 stars
Duration of 0% balance transfer offer period i 14 months
Balance transfer fee during promotional period i 3%
Representative APR i 26.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3%
Representative balance transfer rate i 2.2072%
Risk based? i

Virgin Money

9 Month All Round Credit Card Mastercard

3 stars
Duration of 0% balance transfer offer period i 9 months
Balance transfer fee during promotional period i 2%
Representative APR i 29.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 2%
Representative balance transfer rate i 2.2072%
Risk based? i

Virgin Money

12 Month All Round Credit Card Mastercard

3 stars
Duration of 0% balance transfer offer period i 12 months
Balance transfer fee during promotional period i 2.9%
Representative APR i 29.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 2.9%
Representative balance transfer rate i 2.2072%
Risk based? i

Virgin Money

16 Month All Round Credit Card Mastercard

3 stars
Duration of 0% balance transfer offer period i 16 months
Balance transfer fee during promotional period i 3%
Representative APR i 22.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3%
Representative balance transfer rate i 1.7366%
Risk based? i

0% purchase credit cards

Virgin Money

16 Month All Round Credit Card Mastercard

4 stars
Duration of purchases offer period i 16 months
Representative APR i 22.9%
Highest APR i 22.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.7366%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Virgin Money

Travel Card

4 stars
Duration of purchases offer period i 9 months
Representative APR i 22.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.7366%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Virgin Money

14 Month All Round Credit Card Mastercard

3 stars
Duration of purchases offer period i 12 months
Representative APR i 26.9%
Highest APR i 26.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 2.2072%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Virgin Money

9 Month All Round Credit Card Mastercard

3 stars
Duration of purchases offer period i 9 months
Representative APR i 29.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 2.2072%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Virgin Money

12 Month All Round Credit Card Mastercard

3 stars
Duration of purchases offer period i 12 months
Representative APR i 29.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 2.2072%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Virgin Money

20 Month Balance Transfer Card

2 stars
Duration of purchases offer period i 3 months
Representative APR i 22.9%
Highest APR i 26.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.7366%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Virgin Money

24 Month Balance Transfer Card

2 stars
Duration of purchases offer period i 3 months
Representative APR i 22.9%
Highest APR i 26.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.7366%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Virgin Money

28 Month Balance Transfer Card

2 stars
Duration of purchases offer period i 3 months
Representative APR i 22.9%
Highest APR i 26.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.7366%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Virgin Money

12 Month Balance Transfer and Purchases All Round Card

2 stars
Duration of purchases offer period i 3 months
Representative APR i 29.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 2.2072%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Virgin Money

16 Month Balance Transfer Card

2 stars
Duration of purchases offer period i 3 months
Representative APR i 22.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.7366%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Virgin Money

12 Month Balance Transfer Card

2 stars
Duration of purchases offer period i 3 months
Representative APR i 22.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.7366%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Virgin Money

14 Month Balance Transfer Card

2 stars
Duration of purchases offer period i 3 months
Representative APR i 29.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 2.2072%
Number of days before interest is charged on purchases i 50 days
Risk based? i

Foreign use credit cards

Virgin Money

Travel Card

3 stars
Foreign purchase fee i 0%
Foreign withdrawal fee i 3%
Representative APR i 22.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.7366%

Virgin Money

9 Month All Round Credit Card Mastercard

2 stars
Foreign purchase fee i 0%
Foreign withdrawal fee i 5%
Representative APR i 29.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 2.2072%

Virgin Money

12 Month All Round Credit Card Mastercard

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 5%
Representative APR i 29.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 2.2072%

Virgin Money

28 Month Balance Transfer Card

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 5%
Representative APR i 22.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.7366%

Virgin Money

12 Month Balance Transfer and Purchases All Round Card

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 5%
Representative APR i 29.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 2.2072%

Virgin Money

16 Month Balance Transfer Card

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 5%
Representative APR i 22.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.7366%

Virgin Money

14 Month All Round Credit Card Mastercard

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 5%
Representative APR i 26.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 2.2072%

Virgin Money

12 Month Balance Transfer Card

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 5%
Representative APR i 22.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.7366%

Virgin Money

14 Month Balance Transfer Card

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 5%
Representative APR i 29.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 2.2072%

Virgin Money

16 Month All Round Credit Card Mastercard

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 5%
Representative APR i 22.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.7366%

Virgin Money

20 Month Balance Transfer Card

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 5%
Representative APR i 22.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.7366%

Virgin Money

24 Month Balance Transfer Card

1 stars
Foreign purchase fee i 2.99%
Foreign withdrawal fee i 5%
Representative APR i 22.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.7366%

Money transfer credit cards

Virgin Money

28 Month Balance Transfer Card

5 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 12 months
Money transfer fee during promotional period i 4%
Representative APR i 22.9%
Risk based? i
Representative cash transaction interest rate i 2.1414%

Virgin Money

20 Month Balance Transfer Card

5 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 12 months
Money transfer fee during promotional period i 4%
Representative APR i 22.9%
Risk based? i
Representative cash transaction interest rate i 2.1414%

Virgin Money

24 Month Balance Transfer Card

5 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 12 months
Money transfer fee during promotional period i 4%
Representative APR i 22.9%
Risk based? i
Representative cash transaction interest rate i 2.1414%

Virgin Money

16 Month All Round Credit Card Mastercard

5 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 12 months
Money transfer fee during promotional period i 4%
Representative APR i 22.9%
Risk based? i
Representative cash transaction interest rate i 2.1414%

Virgin Money

12 Month Balance Transfer and Purchases All Round Card

4 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 12 months
Money transfer fee during promotional period i 4%
Representative APR i 29.9%
Risk based? i
Representative cash transaction interest rate i 2.2072%

Virgin Money

16 Month Balance Transfer Card

4 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 12 months
Money transfer fee during promotional period i 4%
Representative APR i 22.9%
Risk based? i
Representative cash transaction interest rate i 2.1414%

Virgin Money

14 Month All Round Credit Card Mastercard

4 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 12 months
Money transfer fee during promotional period i 4%
Representative APR i 26.9%
Risk based? i
Representative cash transaction interest rate i 2.2072%

Virgin Money

9 Month All Round Credit Card Mastercard

4 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 9 months
Money transfer fee during promotional period i 4%
Representative APR i 29.9%
Risk based? i
Representative cash transaction interest rate i 2.2072%

Virgin Money

12 Month All Round Credit Card Mastercard

4 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 12 months
Money transfer fee during promotional period i 4%
Representative APR i 29.9%
Risk based? i
Representative cash transaction interest rate i 2.2072%

Virgin Money

12 Month Balance Transfer Card

4 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 12 months
Money transfer fee during promotional period i 4%
Representative APR i 22.9%
Risk based? i
Representative cash transaction interest rate i 2.1414%

Virgin Money

14 Month Balance Transfer Card

4 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 12 months
Money transfer fee during promotional period i 4%
Representative APR i 29.9%
Risk based? i
Representative cash transaction interest rate i 2.2072%

Virgin Money

Travel Card

4 stars
Money transfer rate during promotional period i 0%
Duration of money transfer offer period i 9 months
Money transfer fee during promotional period i 4%
Representative APR i 22.9%
Risk based? i
Representative cash transaction interest rate i 2.1414%

Gadget insurance

Virgin Money

Club M Mobile & Gadget Insurance

5 stars
Accidental loss cover i
Mechanical breakdown cover i
Maximum single-item cover limit i £2,000.00
Tablets i
Territorial limits restriction i
Accidental damage cover i
Mechanical breakdown cover replacement limit i £2,000.00
Theft Cover i
Theft replacement limit i £2,000.00
Malicious damage cover i
Unauthorised usage cover i £1,200.00
Unauthorised usage cover (E-wallet) i £0.00
Accessories cover limit i £250.00
How is the excess charged? i Standard excess applied to all gadgets and claim types
Lowest excess i £25.00
Liquid damage excess i £25.00
Theft & loss claims excess i £25.00
Accidental damage and breakdown claims excess i £25.00
Cancellation fee i £0.00
Arrangement fee i £0.00
Additional excess charge i £0.00
Immediate cover with no additional excess in the first 30 days of the policy i TRUE
High end smartphones (>£1,000) minimum excess i £75.00
High end tablets (>£1,200) minimum excess i £25.00
High end laptops (>=£1,500) minimum excess i £50.00
High end MacBooks (>=£1,500) minimum excess i £50.00
Rapid replacement i
Pro-rata refund i N/A (No Annual Option)
Claim under warranty i
Replacement claims limit per Item for accidental damage/mechanical failure i Unlimited
Replacement claims limit per Item for theft or loss i Unlimited
Replacement warranty i 12 Months
International cover limit (Days) i Unlimited
Type of product i Stand-Alone
Universal gadget policy? i
Family cover i
Multi cover discounts i
Underwriter i Assurant General Insurance Limited
Age of customer requirement i 18
No claims period i Immediate Cover
Refurbished device cover i
Second hand device cover i
Territorial limits restriction i UK Only
Maximum age of phones i 60 Months
Maximum age of gadgets eligible for cover i 60 Months
Smartphones i
Smart watches i
Game Consoles i
Headphones i
Cameras i
E-readers i
Sat-Navs i
MP3 Players i
MacBooks Or Laptops

Personal loans

Virgin Money

Existing Customer Personal Loan

Representative APR (on £5,000 loan, 36 month term) 7.4%
Unpaid Repayment Fee i £0.00
Early settlement fee (Days interest) 58 days
Available to new customers? i
Eligibility checker
Minimum borrowing amount £1,000.00
Maximum borrowing amount £35,000.00
Minimum borrowing length 12 months
Maximum borrowing amount 84 months

Savings Accounts

1 Year Fixed Rate Accounts

Virgin Money

1 Year Fixed Rate E-Bond Issue 520

Interest Rate (AER) i 3.95%
Minimum Opening Balance i £1.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i

2 Year Fixed Rate Accounts

Virgin Money

2 Year Fixed Rate E-Bond Issue 521

Interest Rate (AER) i 4.17%
Minimum Opening Balance i £1.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Maximum Balance i £1,000,000.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i

Easy Access Accounts

Virgin Money

Defined Access E-Saver Issue 17

Interest Rate (AER) i 1%
Maximum Balance i £250,000.00
Part of FSCS i
Withdrawal Penalty i If less than 4 withdrawals are made per calendar year a higher rate will be paid
Additional Information i
Minimum Opening Balance i £1.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i

Virgin Money

Club M Saver

Interest Rate (AER) i 2.52%
Maximum Balance i Unlimited
Part of FSCS i
Withdrawal Penalty i
Additional Information i
Minimum Opening Balance i £0.00
Minimum Age to Open Account i 18
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Must be a Virgin Money Club M current account customer
Penalty free withdrawals? i

Virgin Money

M Plus Saver

Interest Rate (AER) i 2.52%
Maximum Balance i Unlimited
Part of FSCS i
Withdrawal Penalty i
Additional Information i
Minimum Opening Balance i £0.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Must be a Virgin Money M Plus account customer
Penalty free withdrawals? i

Virgin Money

M Saver

Interest Rate (AER) i 2.52%
Maximum Balance i Unlimited
Part of FSCS i
Withdrawal Penalty i
Additional Information i
Minimum Opening Balance i £0.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Must be a Virgin Money M Account customer
Penalty free withdrawals? i

Virgin Money

Everyday Saver

Interest Rate (AER) i 0.25%
Maximum Balance i Unlimited
Part of FSCS i
Withdrawal Penalty i
Additional Information i
Minimum Opening Balance i £1.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i

Regular Savers

Virgin Money

Home Buying Coach Regular Saver Issue 15

Interest Rate (AER) i 1.75%
Additional Information i
Maximum Balance i £3,500.00
Withdrawal Penalty i No Penalty
Minimum Monthly Investment i £1.00
Maximum Monthly Investment i £250.00
Penalty free withdrawals? i
Minimum Opening Balance i £1.00
Minimum Age to Open Account i 16
Sharia Account i
Part of FSCS i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i This account is only available to customers who are registered with the Virgin Money Home Buying Coach app.
Notice Period i
Fixed Term Length i 20.02.24
Additional Information i

Savings Accounts (ISAs)

1 Year Fixed Rate ISAs

Virgin Money

1 Year Fixed Rate Cash E-ISA Issue 555

Interest Rate (AER) i 3.95%
Minimum Opening Balance i £1.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i
Can you transfer in funds from another cash ISA?
Can you transfer in funds from a stocks and shares ISA?

2 Year Fixed Rate ISAs

Virgin Money

2 Year Fixed Rate Cash E-ISA Issue 559

Interest Rate (AER) i 4.17%
Minimum Opening Balance i £1.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Earlier access on 90 day loss of interest.
Can you transfer in funds from another cash ISA?
Can you transfer in funds from a stocks and shares ISA?

Easy Access ISAs

Virgin Money

Defined Access Cash E‑ISA

Interest Rate (AER) i 1.75%
Part of FSCS i
Withdrawal Penalty i If you make more than 3 withdrawals a year a lower rate of 1.00% will be paid.
Minimum Opening Balance i £1.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA?
Can you transfer in funds from a stocks and shares ISA?

Virgin Money

Easy Access Cash ISA Exclusive Issue 2

Interest Rate (AER) i 3%
Part of FSCS i
Withdrawal Penalty i
Minimum Opening Balance i £0.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Must be a Virgin Money current account customer
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA?
Can you transfer in funds from a stocks and shares ISA?

Virgin Money

Easy Access Cash E-ISA Issue 28

Interest Rate (AER) i 0.25%
Part of FSCS i
Withdrawal Penalty i
Minimum Opening Balance i £1.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA?
Can you transfer in funds from a stocks and shares ISA?

Virgin Money

Defined Access Cash E-ISA Issue 19

Interest Rate (AER) i 1%
Part of FSCS i
Withdrawal Penalty i If less than 4 withdrawals are made per year a higher rate will be paid
Minimum Opening Balance i £1.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA?
Can you transfer in funds from a stocks and shares ISA?

Travel insurance

Annual multi-trip insurance

Virgin Money

Silver

4 stars
Medical excess i £75.00
Personal Possessions and Baggage - damaged, lost or stolen- cover limit i £2,000.00
Cancelling before travel cover limit i £5,000.00
Emergency medical cover and repatriation cover limit i £12,500,000.00
Mental health cover i
Personal money i £750.00
Combined passport & travel cover limit i £300.00
Cutting trip short cover limit i £5,000.00
Abandoning your trip cover limit i £5,000.00
Natural disaster relocation cover i
Natural disaster baggage cover i
Max trip duration i 45 days
4 stars
Medical excess i £50.00
Personal Possessions and Baggage - damaged, lost or stolen- cover limit i £3,000.00
Cancelling before travel cover limit i £7,500.00
Emergency medical cover and repatriation cover limit i £15,000,000.00
Mental health cover i
Personal money i £1,000.00
Combined passport & travel cover limit i £500.00
Cutting trip short cover limit i £7,500.00
Abandoning your trip cover limit i £7,500.00
Natural disaster relocation cover i
Natural disaster baggage cover i
Max trip duration i 94 days
3 stars
Medical excess i £100.00
Personal Possessions and Baggage - damaged, lost or stolen- cover limit i £1,250.00
Cancelling before travel cover limit i £3,000.00
Emergency medical cover and repatriation cover limit i £10,000,000.00
Mental health cover i
Personal money i £500.00
Combined passport & travel cover limit i £200.00
Cutting trip short cover limit i £3,000.00
Abandoning your trip cover limit i £3,000.00
Natural disaster relocation cover i
Natural disaster baggage cover i
Max trip duration i 31 days

Single trip insurance

4 stars
Cancelling before travel cover limit i £3,000.00
Medical excess i £100.00
Personal Possessions and Baggage - damaged, lost or stolen - cover limit i £1,250.00
Cutting trip short cover limit i £3,000.00
Missed departure cover limit i £500.00
Abandoning your trip cover limit i £3,000.00
Emergency medical cover and repatriation cover limit i £10,000,000.00
Personal money i £500.00
Combined passport & travel cover limit i £200.00

Virgin Money

Silver

4 stars
Cancelling before travel cover limit i £5,000.00
Medical excess i £75.00
Personal Possessions and Baggage - damaged, lost or stolen - cover limit i £2,000.00
Cutting trip short cover limit i £5,000.00
Missed departure cover limit i £1,000.00
Abandoning your trip cover limit i £5,000.00
Emergency medical cover and repatriation cover limit i £12,500,000.00
Personal money i £750.00
Combined passport & travel cover limit i £300.00
4 stars
Cancelling before travel cover limit i £7,500.00
Medical excess i £50.00
Personal Possessions and Baggage - damaged, lost or stolen - cover limit i £3,000.00
Cutting trip short cover limit i £7,500.00
Missed departure cover limit i £1,500.00
Abandoning your trip cover limit i £7,500.00
Emergency medical cover and repatriation cover limit i £15,000,000.00
Personal money i £1,000.00
Combined passport & travel cover limit i £500.00

Travel insurance add-on: cruise cover

1 stars
Missed port departure cover limit i £500.00
Re-joining a cruise cover limit i £0.00
Cabin confinement cover limit i £250.00
Missed port departure excess i £0.00
Timetable/itinerary change cover limit i £0.00
Unused excursions cover limit i £300.00

Virgin Money

Silver

1 stars
Missed port departure cover limit i £750.00
Re-joining a cruise cover limit i £0.00
Cabin confinement cover limit i £375.00
Missed port departure excess i £0.00
Timetable/itinerary change cover limit i £0.00
Unused excursions cover limit i £500.00
1 stars
Missed port departure cover limit i £1,000.00
Re-joining a cruise cover limit i £0.00
Cabin confinement cover limit i £500.00
Missed port departure excess i £0.00
Timetable/itinerary change cover limit i £0.00
Unused excursions cover limit i £750.00

Travel insurance add-on: winter sports

5 stars
Ski equipment owned cover limit i £1,000.00
Single owned item cover limit i £1,000.00
Cover limit for hire of ski equipment due to loss/damage/delay to own equipment i £600.00
Avalanche closure cover limit i £500.00
Piste closure cover limit i £600.00
Ski equipment owned excess i £50.00
Ski equipment hired i £1,000.00
Single item limit for hired equipment i £1,000.00
Unused ski pass due to illness or injury i £600.00

Virgin Money

Silver

4 stars
Ski equipment owned cover limit i £750.00
Single owned item cover limit i £750.00
Cover limit for hire of ski equipment due to loss/damage/delay to own equipment i £450.00
Avalanche closure cover limit i £400.00
Piste closure cover limit i £450.00
Ski equipment owned excess i £75.00
Ski equipment hired i £750.00
Single item limit for hired equipment i £750.00
Unused ski pass due to illness or injury i £450.00
3 stars
Ski equipment owned cover limit i £500.00
Single owned item cover limit i £500.00
Cover limit for hire of ski equipment due to loss/damage/delay to own equipment i £300.00
Avalanche closure cover limit i £300.00
Piste closure cover limit i £300.00
Ski equipment owned excess i £100.00
Ski equipment hired i £500.00
Single item limit for hired equipment i £500.00
Unused ski pass due to illness or injury i £300.00