Virgin Money M Plus Account

Gross rate | Gross rate | AER rate | AER rate | |
---|---|---|---|---|
Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
£1 | 2% | 2% | 2.02% | 2.02% |
£1,001 | 0% | 0% | 0% | 0% |
Maximum Age | Unlimited |
Maximum Investment | Unlimited |
Minimum Age | 18 years |
Keep track of your money with an online bank account. From app-based banking to easy online transactions, opening a bank account is simple. We help you compare some of the UK's best online banks to find the right one for you.
Our data experts check each bank before adding them to our comparisons, so you only see results from genuine operations.
1
Compare bank accounts
Use our table to find the current account with all the features you need at the lowest cost.
2
Check your eligibility
Make sure you fit the eligibility criteria for your chosen current account and get your proof of ID ready.
3
Apply for the account you want
Click "view deal" next to the offer and fill out the application form on the provider's website.
Gross rate | Gross rate | AER rate | AER rate | |
---|---|---|---|---|
Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
£1 | 2% | 2% | 2.02% | 2.02% |
£1,001 | 0% | 0% | 0% | 0% |
Maximum Age | Unlimited |
Maximum Investment | Unlimited |
Minimum Age | 18 years |
Gross rate | Gross rate | AER rate | AER rate | |
---|---|---|---|---|
Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
£1 | 0.05% | 0.05% | 0.05% | 0.05% |
£85,001 | 0% | 0% | 0% | 0% |
Maximum Age | Unlimited |
Maximum Investment | Unlimited |
Minimum Age | 18 years |
Permanent UK Resident |
Gross rate | Gross rate | AER rate | AER rate | |
---|---|---|---|---|
Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
£1 | 0% | 0% | 0% | 0% |
Maximum Age | Unlimited |
Maximum Investment | Unlimited |
Minimum Age | 18 years |
Permanent UK Resident |
Gross rate | Gross rate | AER rate | AER rate | |
---|---|---|---|---|
Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
£1 | 0% | 0% | 0% | 0% |
Maximum Age | Unlimited |
Maximum Investment | Unlimited |
Minimum Age | 18 years |
Permanent UK Resident |
Gross rate | Gross rate | AER rate | AER rate | |
---|---|---|---|---|
Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
£1 | 0% | 0% | 0% | 0% |
Maximum Age | Unlimited |
Maximum Investment | £2,000,000 |
Minimum Age | 18 years |
Permanent UK Resident |
Gross rate | Gross rate | AER rate | AER rate | |
---|---|---|---|---|
Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
£1 | 0% | 0% | 0% | 0% |
Maximum Age | Unlimited |
Maximum Investment | Unlimited |
Minimum Age | 18 years |
Permanent UK Resident |
Gross rate | Gross rate | AER rate | AER rate | |
---|---|---|---|---|
Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
£1 | 0% | 0% | 0% | 0% |
Maximum Age | Unlimited |
Maximum Investment | Unlimited |
Minimum Age | 18 years |
Permanent UK Resident |
Gross rate | Gross rate | AER rate | AER rate | |
---|---|---|---|---|
Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
£1 | 0% | 0% | 0% | 0% |
Maximum Age | Unlimited |
Maximum Investment | Unlimited |
Minimum Age | 18 years |
Minimum Monthly Credit | £500 |
Permanent UK Resident |
Gross rate | Gross rate | AER rate | AER rate | |
---|---|---|---|---|
Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
£1 | 0% | 0% | 0% | 0% |
Maximum Age | Unlimited |
Maximum Investment | Unlimited |
Minimum Age | 18 years |
Permanent UK Resident |
We are classed as a credit broker for consumer credit, not a lender.
Our services are provided at no cost to you. We may receive a commission from the companies we refer you to, but this does not affect what you will pay for the product you choose.
An online current account is a bank account designed for day-to-day transactions that you manage remotely via the bank's website or app. Online banking is now offered by most high street banks, but you can also get the same facilities from banks without physical branches. These are known as app-based bank accounts or digital-only bank accounts. All your bank transactions are carried out using the internet, via a smartphone app or website.
If you want to open a bank account online, it's simple and takes just a few minutes.
Visit the website of the bank of your choice and fill out the application form for the type of account you want.
Provide your personal details, such as your name, age, nationality and address, as well as supporting proof of ID.
Supporting documents that are typically accepted include:
Driving licence (UK/EU/EAA)
UK passport, foreign passport & visa
EU and EEA national identity card
Driving licence
UK utility bill (gas, electricity, water or home telephone)
Mortgage/rental agreements
Bank/building society statement
Council tax bill
Some online banks may also ask for additional details, such as your occupation, income and expenses. Though this is not legally required, many banks often use this information to provide you with offers about other products and services in the future, such as credit cards or savings accounts.
When comparing online bank accounts look out for the following features:
Monthly fees
Some banks may charge a monthly fee, so you need to take this into account when calculating the cost of the services they provide.
Overdraft facilities
If you think that your balance may drop below zero, you may wish to review the overdraft facilities on offer and the charges for using them.
Earning on your balance
Some banks pay you interest on your balance up to a certain threshold amount. This may be a sweetener that makes you choose one account over another.
Additional features
Budgeting and savings tools that help you manage your finances better are increasingly popular, but you may get other features too.
Add-ons
Some packaged accounts have added bonuses, such as mobile phone insurance or breakdown cover. You should think about whether these would be useful for you.
Rewards
Some accounts offer rewards on your spending, such as cashback or discounts when you shop with certain retailers. Evaluate whether these are of value to you.
You can find out more about what you need from your bank account here. Once you have found accounts that offer these features, check what their internet banking service includes.
These accounts also offer several unique features such as:
Spending notifications
Ring fencing savings
Free cash withdrawals overseas
Budgeting tools
Rewards/add-ons
Current Accounts from the Money Advice Service
Getting a bank account by Citizens Advice
Opening a bank account by the FCA
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Read MoreComparing current accounts could save you money on overdrafts, get you cashback on bills or see you paid more interest on positive balances. Our multiple award-winning comparison service helps make sure you get the best deal possible based on your individual circumstances. Our aim is to provide you with the most up-to-date information, as well as useful tools and calculators so to help you make life's most important decisions and take control of your money.
We have always aimed to provide the best possible services to bridge the gap between our users and our clients. Over the years, we have been thrilled to be recognised by various prestigious bodies and organisations for those efforts.
Last updated: 17 May 2022