Virgin Money was founded by Richard Branson in 1995, and in 2019, it merged into Clydesdale Bank. In 2024, Virgin Money became a wholly owned subsidiary of Nationwide, although its banking licences remain separate. Virgin Money continues to offer a wide range of financial products, including current accounts. <\/p>
This review looks at its Club M current account in detail.<\/p>
The Virgin Money Club M current account offers everything you\u2019d expect from a bank account, plus a lot more. In return for a monthly fee of \u00a312.50, you\u2019ll benefit from worldwide travel insurance, family mobile and gadget insurance and UK and European breakdown cover, plus no fees on spending abroad. <\/p>
The account can be opened on an individual or joint basis and can be managed via the app and online.<\/p>
The Virgin Money Club M current account offers the following key features:<\/p>
To qualify for the Virgin Money Club M account, you\u2019ll need to be a UK resident and at least 18 years old. Thanks to its range of perks, the account is most likely to suit families who regularly travel.<\/p>
Provided you\u2019re happy to pay a \u00a312.50 monthly fee, there are stacks of benefits with this account. As well as earning interest on the account and being able to earn cashback, you\u2019ll also be able to take advantage of a range of insurance policies for you and your family and benefit from fee-free card transactions abroad. <\/p>