Help with Virgin Money M plus account for switch

213 Posts

Hi All
I have 4 M plus current accounts & savers with Virgin Money.
Two of them are used extensively - for expenses & as nominated accounts for savings accounts elsewhere.
Accounts are 3 years old, back when it was allowed to open multiple current accounts. I am aware rules have changed since 18 Feb 2022.
Can I use the least used M plus current account as a sacrificial account to switch to either RBS or Lloyds bank, without running the risk of loosing my other Mplus current accounts?
I have read through MSE switch guide. It does not specifically mention switching out using one of the multiple current accounts with the same bank.
Help please.
Your personal experiences, Links, T&Cs pdfs are very welcome.
Thanks
I have 4 M plus current accounts & savers with Virgin Money.
Two of them are used extensively - for expenses & as nominated accounts for savings accounts elsewhere.
Accounts are 3 years old, back when it was allowed to open multiple current accounts. I am aware rules have changed since 18 Feb 2022.
Can I use the least used M plus current account as a sacrificial account to switch to either RBS or Lloyds bank, without running the risk of loosing my other Mplus current accounts?
I have read through MSE switch guide. It does not specifically mention switching out using one of the multiple current accounts with the same bank.
Help please.
Your personal experiences, Links, T&Cs pdfs are very welcome.
Thanks
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That's what many people do in practice - opening a second account with the bank they already have an account with and then switching it.
.withdrawal, NOT withdrawel ..bear with me, NOT bare with me
.definitely, NOT definately ......separate, NOT seperate
should have, NOT should of .....guaranteed, NOT guarenteed