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Virgin Money Current Account Review

This article was last updated:

Everything you need to know before you open a current account with Virgin Money!

The experts say:

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Virgin Money's current accounts have been reviewed by both Which? and Fairer Finance and the results are certainly worth considering. The M Plus account scored an impressive 75% with Which? Customer Score, 74% with the Which? Product Score and was ranked 12th out of 21 current account providers by Which?. Unfortunately, this wasn't enough to secure a recommendation from Which? but it did manage to score 4 stars on Fairer Finance's Star Rating as well as a Fairer Finance Customer Experience Rating of 63%. All in all, this is a decent option if you're looking for a current account.

What Virgin Money customers are saying right now:

The Good

  • 😊 Positive customer service experience - 90 minutes to help set up an account
  • 😊 Good response from one customer service agent - 5 star rating
  • 😊 Efficient and secure mail system - mail does not get delayed or lost
  • 😊 Flexible options for transferring money - can be done by CHAPS or other methods
  • 😊 No need to travel far to close an account - can be done via android phone

The Bad

  • 😡 Terrible customer service, with staff that are arrogant and unapologetic.
  • 😠 Making customers wait long periods of time for basic banking services without any explanation.
  • 🤬 Poor communication between the bank and customers, with no response to emails or requests.
Read more customer reviews of Virgin Money

Virgin Money customer reviews summary

Virgin Money current accounts are a hit and miss. Customers have experienced long wait times for their debit cards and pins, had problems with their secure mail system leading to lost and delayed mail, and encountered difficulties when trying to transfer their ISAs. Many have also found staff to be unhelpful and arrogant, while others have complained of being asked to travel long distances in order to close their accounts. The overall process is described as a "shambles" and an "alleged bank as organised as a chimp's tea party". Despite the occasional success story, it seems clear that Virgin Money current accounts are far from efficient and reliable. Score: 3/10

Is Virgin Money one of this year's Top 10 current account providers?