Easy Access

Virgin Money M Plus Saver Review

An easy access account from Virgin Money. It ranks 111th of 152 easy access accounts we track.

Variable rate

1.75%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1

Max balance

No limit

Access

Instant

Interest paid

Quarterly

Rate Tiers

Up to £25,000

1.75%AER

Over £25,000

1.25%AER

How It Stacks Up

Ranks 111th of 152

Easy access accounts we track

Well below average
This account 1.75%
UK CPI (Aug 2026)
3.10%
Pays 1.35% less
Average easy access
2.83%
Pays 1.08% less
Best easy access
5.00%
Pays 3.25% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

A better-paying alternative

Tembo bank logo

Tembo

HomeSaver

4.55%

AER

  • Pays 2.80% more than this Virgin Money account
  • Instant access, open with £10
Compare Easy Access Accounts

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A Good Fit For

  • Pro: New and existing savers
  • Pro: Savers who want instant access

Worth Weighing Up

  • Con: The rate is variable, so it can go down

Good to Know

Linked to M Plus current account

Please verify all details with the provider – see our Disclaimer

See all Virgin Money accounts

Estimated returns with Virgin Money's Easy Access

What you could earn with Virgin Money's M Plus Saver.

Estimated interest

£1,000 saved

£17.50

At 1.75% AER

£5,000 saved

£87.50

At 1.75% AER

£10,000 saved

£175

At 1.75% AER

£50,000 saved

£625

At 1.25% AER

Estimated over one year, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Work out the tax on your interestSee how much of this interest could be taxed.

Our Expert Opinion on Virgin Money M Plus Saver

Jan WatermannCo-Founder, DepositScout

The M Plus Saver pays 1.75% on balances up to £25,000, dropping to 1.25% above that, and it is open to existing and new customers alike. That 1.75% sits 3.25% behind the easy access market leader at 5.00% and is 1.35% below current CPI inflation of 3.1%, so your money is losing real value. Withdrawals are also restricted to transfers out to a linked M Plus Account, which is a meaningful constraint for an easy access account. Anyone wanting a genuinely competitive rate should look at something like Tandem Bank's Instant Access Saver at 3.40% instead.

2 alternatives to Virgin Money's M Plus Saver

Same type of account, closest on rate.

Common questions about the M Plus Saver

D

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Easy Access rate just dropped

A top provider just cut their rate. Here's what you need to know about the latest market shift.

Nationwide FlexSaver Rate Down
4.20% AER
4.75%
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