Is a Virgin Money business account right for you?
Read real customer reviews below along with more information about the various banking services Virgin Money offers to businesses.
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Virgin Money Customer Reviews
Review Summary
Recent Reviews
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Virgin Money Reviews From Other Websites
Virgin Money Trustpilot Reviews
Review Score (out of 5) | Percent 5-Star Reviews | Percent 1-star Reviews | Total Number of Reviews |
---|---|---|---|
1.40 | 5% | 89% | 6,799 |
Source: https://www.trustpilot.com/review/uk.virginmoney.com
Virgin Money iPhone & Android App Reviews
App Type | Review Score (out out 5) | Total Number of Reviews |
---|---|---|
iPhone | 4.60 | 125,000 |
Android | 4.00 | 23,400 |
Source:
https://apps.apple.com/gb/app/virgin-money-mobile-banking/id1482269155
https://play.google.com/store/apps/details?id=com.virginmoney.uk.mobile.android&hl=en_GB
Virgin Money Basics
Bank Type | High Street |
FSCS Protection | Yes, up to £85,000 |
Branch Locations | Northern England and Scotland only |
Card Type | Mastercard |
FCA Number | 121873 |
Online Banking | Yes |
Mobile Banking | Yes |
In Person/Branch Banking | Yes |
Customer Support Options
Phone Support Available | Yes |
Email Support Available | Yes |
Support Via Their App | Yes |
Web Based Support | Yes |
In person Customer Support | Yes |
Virgin Money Business Account Types
Business Current Account | Yes |
Business Savings Account | Yes |
Business Credit Card | Yes |
Business Overdraft | Yes |
Accounts For Startups | Yes |
Accounts For Charities | Yes |
Accounts For Sole Traders | Yes |
Joint Business Accounts Available | Yes |
Opening A Virgin Money Business Account
Can You Apply Online? | Yes |
How Long Does Opening An Account Typically Take? |
1 to 47 Working days |
Do They Check Your Credit? | Yes |
Current Account Switch Service | Yes |
Click to open a Virgin Money Business Account
Virgin Money Business Savings
Types of Business Savings Accounts | Instant access accounts, Notice accounts, Fixed term deposit accounts |
Lowest Savings Rate (AER) | 1.35% |
Maximum Savings Rate (AER) | 5.15% |
Minimum Savings Amount | £1 |
Please note these numbers were accurate at the time of publication, but may have since changed. Click to here to see current Virgin Money rates
Virgin Money Fees & Charges
Free Business Bank Account | Yes |
Free Business Account Term Length | 25 Months |
Cheapest Monthly Account Fee | No |
Most Expensive Monthly Account Fee | No |
Electronic Payment Cost (in/out) | Free |
Cash Payments Cost (in/out) | 90p per £100 |
Cheques in/out | 30p per cheque |
CHAPS Payments Cost | £25 |
SEPA Payments Cost | £20 |
Virgin Money Foreign Currency Accounts
US Dollar (USD) Bank Account | Yes |
Euro (EUR) Bank Account | Yes |
Interest Paid On Foreign Currencies | Yes |
Other Currencies Available:
No
Other Virgin Money Business Services
Business Loans | Yes |
Commercial Mortgages | Yes |
Invoice Financing | Yes |
International Payments | Yes |
Merchant Services | Yes |
Card Machines | No |
Free Accounting Software | Yes |
Click to visit the Virgin Money website
For other business bank accounts see out guide here.
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