Search results
If you use a one time passcode via SMS you can make payments of up to £500 with a £1,000 daily limit. We have a range of options to help you get your money from A to B: faster payments, deposit cheques using your mobile banking app, CHAPS, international payments (SWIFT), and international payments (SEPA).
- Current Account Terms
Virgin Money Current Account (previously opened with...
- Fees and Charges
Credit cards, Mortgages, Savings, ISAs, Investments and...
- Debit Cards
You can deposit cash and cheques up to the value of £2,000...
- Current Account Terms
1 cze 2022 · Recently I came across quite severe limits when paying money from the Virgin M Plus current account using internet banking. Apparently the single transaction limit is £500 and the daily limit is £1,000.
Ideally, you need to increase the monthly payment amount in the calculator until the Starting Balance amount (which is the amount you owe on your card) is higher than the Total Interest amount, as shown in the example below.
The Virgin Money Current Account pays interest on total balances at 0.10% AER 1 (0.10% gross 2 per annum variable). Interest is calculated on a daily basis 3 and is paid on the 27th of each month. Changes to rates
You can request to change your credit limit (increase or decrease) by completing our online form. If you're requesting a credit limit increase, you need to have had your card for 6 months, have received your seventh statement and you've not applied within the last 6 months.
You can apply for a credit limit increase again in six months. At that point we'd look at your financial situation and how you're managing your account to understand if we can increase your credit limit.
You can update the way you would like any future credit limit increases applied to your account by logging into the Virgin Money Credit Card app. Use the card image on the front screen to take you to 'Card Management', then scroll down the bottom of the list and select 'Credit Limit Increases'.
