In some circumstances, we may need some additional information and we'll let you know if this is the case.When making our decision, we'll take into account your age, status and financial background.
Although Monese is not a traditional bank our current accounts provide you with many of the services big banks offer.
When you open an account with us you'll never need to visit a bank branch, you can manage your entire account with our mobile app.
When you open your account you may be offered a purchase rate.
After that, we'll increase it to the rate shown here. It is made up of the standard interest rate on purchases, outside of any promotional rate, along with any other charges you may have to pay.
Sending money overseas with Monese is up to 8x cheaper than using a traditional bank. Well, we give you the real wholesale exchange rate and only charge 0.5% of the transaction value.
There's a lot of complex tech behind it all, but thankfully with our app it couldn't be easier.
Download the app to unlock the chance to enjoy unique Virgin experiences plus save money on things like travel, food, beauty and health.
Plus, if you take out a Virgin Money Credit Card you’ll be able to unlock exclusive offers when you spend on your card bringing you even more of the very best that Virgin can offer.
Once your account is open you'll get your personal UK account number and sort code enabling you to pay into your account or to receive your salary, pension or benefits.
We've won multiple awards for our accounts and we were recently named 'Best Challenger Bank' at the European Fintech Awards, 2016!
We don't charge any hidden fees and using our account for a year is up to 5x cheaper* than owning an account with traditional bank!