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US citizens in the UK · Institutions

Which Virgin Money accounts accept US citizens

Last checked

Virgin Money has been checked for US citizens across 5 account types. All 5 are open to a US person (1 with strings).

If you already have an account with Virgin Money, a second one there is usually the easier application, because Virgin Money has already checked who you are. Each account below carries its verdict, the evidence behind it and the date it was checked.

At a glance

Account Verdict Last checked
Current accounts Opens
Savings accounts Opens
Cash ISAs Opens
Mortgages With strings
Credit cards Opens

Current accounts

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Opens

Virgin Money asks that you are 18 or over and living in the UK. Its own tax self-certification tells a US citizen to enter the United States alongside the UK, so US status is handled as reporting rather than refusal.

FSCS £120,000, shared with Nationwide · app, online or branch

Account Terms The catch
M Plus Account
Monthly fee
Free
Interest
1.00% AER
Abroad
No fees on spending abroad
 Interest is paid on the first £1,000 only.
M Account
Monthly fee
Free
Interest
None
Abroad
No fees on spending abroad
 —
Club M Account
Monthly fee
£14 a month
Interest
1.00% AER
Abroad
No fees on spending abroad
 Interest is paid on the first £1,000 only.

Source: Virgin Money CRS and current accounts, 2026-08-17 Last checked Virgin Money's own page

Savings accounts

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Opens

Virgin Money opens online savings to UK residents aged 16 or over and treats non-UK tax residency as a self-certification and reporting matter, with no US-person exclusion in its published terms. The US taxes the interest as ordinary income.

FSCS £120,000, shared with Nationwide · online or app

Account Terms The catch
Double Take E-Saver
Access
Easy access
Rate
4.16% AER, variable
Min
£1
Max
£250,000
Rate as of
 Only 2 withdrawals a calendar year, then no access until January.
1 Year Fixed Rate E-Bond
Access
Fixed term
Rate
4.00% AER, fixed
Term
1 year
Min
£1
Max
£1,000,000
Rate as of
 Fund it within 7 days of opening, and no withdrawals until maturity.
M Plus Saver
Access
Easy access
Rate
1.75% AER, variable
Max
None stated
Rate as of
 Needs an M Plus current account, and only the first £25,000 earns the top rate.

Source: Virgin Money savings pages, 2026-08-17 Last checked Virgin Money's own page

Cash ISAs

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Opens

Virgin Money's ISA key facts say UK residents aged 18 or over can open a cash ISA, with Crown employees serving overseas also eligible. The cash ISA rules carry no US-person wording and no sole-tax-residency requirement. The IRS still taxes the interest as US income, as the wrapper gives no US relief.

FSCS £120,000, shared with Nationwide · online or branch

Account Terms The catch
1 Year Fixed Rate Cash E-ISA
Access
Fixed term
Rate
4.41% AER, fixed
Term
1 year
Min
£1
Rate as of
 Fixed for the term; withdrawals are allowed but cost 60 days of interest.
Double Take E-ISA
Access
Easy access
Rate
4.15% AER, variable
Min
£1
Rate as of
 Two withdrawals a calendar year, then none until January.
M Access ISA
Access
Easy access
Rate
3.25% AER, variable
Rate as of
 Open only to holders of a Virgin Money current account.

Source: Virgin Money ISA key facts, 2026-08-17 Last checked Virgin Money's own page

Mortgages

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With strings

US persons: needs indefinite leave to remain, three years of address history and sterling pay

Virgin Money does not differentiate by nationality and still has no route for a US citizen on a work visa, because the only statuses it accepts are permanent right to reside or EU settlement. It refuses all non-sterling income, including dollars already converted into pounds. Note that Virgin Money is now part of Nationwide, which refuses foreign currency income too, so the two are not separate chances.

Through a broker · permanent right to reside and three consecutive years of UK address history

Account Terms The catch
Everyday 5 year fixed
Rate
4.81%, fixed
Then
6.74% standard variable rate
Term
5 years
Max LTV
90%
Product fee
£999
Rate as of
 Free valuation on purchase, but no non-sterling income is accepted at all.
Everyday 2 year fixed
Rate
4.83%, fixed
Then
6.74% standard variable rate
Term
2 years
Max LTV
90%
Product fee
£999
Rate as of
 The fee free version is 5.02%, so it is worth doing the sums on a smaller loan.

Source: Virgin Money intermediaries foreign nationals criteria, 2026-08-17 Last checked Virgin Money's own page

Credit cards

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Opens

Cards remain on sale to UK residents aged 18 or over with no citizenship condition, and are now issued in Nationwide's name after it bought Virgin Money in 2024. Its travel card is the one worth noting if you still spend in dollars, since it drops the currency fee entirely.

Nationwide Building Society, trading as Virgin Money

Account Terms The catch
Travel Credit Card
Representative APR
27.9% APR representative
Card fee
Free
Abroad
No foreign exchange fee worldwide
Rate as of
 Cash advances and foreign currency purchases still carry a 3% cash fee.
All Round Credit Card
Representative APR
27.9% APR representative
Card fee
Free
Abroad
2.99% outside the EEA, nothing on euro transactions inside it
Rate as of
 Subject to status, UK residents aged 18 or over.

Source: Virgin Money credit cards, 2026-08-17 Last checked Virgin Money's own page

Account names link to the provider's own site. momo has no active affiliate partnerships; if that changes it will be disclosed and will never change a verdict. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

FATCA

FATCA makes UK banks report accounts held by US persons to the IRS. It is not a tax; it is a reporting trail. Where it bites is access.

 Tax

FBAR

If your foreign accounts top $10,000 combined at any point in the year, you file an FBAR. What counts, when it is due, and what happens if you miss it.

 Tax

ISA US tax

The IRS does not recognise the ISA wrapper. Cash ISA interest and stocks ISA gains are taxable on your US return, and fund holdings drag in PFIC rules.