Business Choice Account
This product is getting a Virgin Money makeover
The Yorkshire Bank Business Choice Account is no longer available for new applications. If you have already started applying for a Yorkshire Bank Business Choice Account, you have until 14th April to complete your application
Get ready for a life more Virgin
Virgin Money teamed up with Yorkshire Bank back in October 2018. Since then, we’ve been working hard behind the scenes to bring the two banks together.
From March 2021, our business banking range will be getting a Virgin Money makeover. You’ll start to see our new logo on things like statements and emails. Our website and digital services are getting the full Virgin Money treatment and we’ll begin to answer the phone as Virgin Money too.
Visit our Business Virgin Money Makeover page to see all the good things coming your way.
Accounts to build your business on
Our range of business current accounts has something for organisations of all shapes and sizes.
The Virgin Money business range offers the perfect combination of business expertise and Virgin innovation.
If you've already started an application
Now that we’ve joined forces with Virgin Money, we're no longer accepting applications for the Yorkshire Bank Business Choice Account. If you started an application in the last 28 days you can still retrieve it here. Any applications completed after March 17th will be processed as a Virgin Money Business Choice Account.
Pick up where you left off
We want to open your new account as quickly as possible. To complete your application, we will sometimes ask for extra information. We’ll need you to provide this within 5 business days of being asked.
18+. All accounts subject to status and eligibility.
Get in touch
If you’ve got any questions or you’d like to discuss your requirements with our business team, get in touch.
Available Monday - Friday, 8.00am - 6.00pm
Yorkshire Bank Business Choice Account
Account features
All facilities are subject to status and applicants must be aged 18 or over. Only available to business customers. Terms and conditions apply.
- Credit Interest linked to the Bank of England base rate
- Option of an agreed overdraft (subject to lending assessment and security may be required)
- Personal attention from your business banking contact
- Choice of statements issued monthly, or more frequently on request. Charges may apply*
*Standard charges and interest rates can be found in the interest rates and charges section. Speak to your business banking contact for more details
The costs and conditions
All facilities are subject to status and applicants must be aged 18 or over. Only available to business customers. Terms and conditions apply.
- Debit interest applied to overdrawn amounts
- Interest calculated daily and applied monthly
- Unlimited withdrawals – subject to available funds
- Not available to personal customers
- Full terms and conditions are available on request
What you'll need to open an account
Alongside other UK banks, we’ve agreed to a basic set of information that you’ll need to supply to set up your new current account. This simple guide will help you work out what information you need.
Are you an existing customer?
There are no changes to your account information or login details, the only difference is that you will now sign in with the new Virgin Money Business Internet Banking service.
If you've banked with us for years or you've recently had a Virgin Money makeover, here's where you'll find your account information.
Frequently asked questions
I use the mobile app. Can I continue to use it?
If you’re using the Yorkshire Bank app, you can now switch over to our Virgin Money mobile app in a matter of minutes with your existing passcode. Just download it and the Virgin Money app will show you what to do.
Can I still use Business Internet Banking?
You can now start using Virgin Money Business Internet Banking with the same sign in details as before. Everything you could do with Yorkshire Bank Business Internet Banking will still be there for you - but this time, you’ll get the iconic Virgin look and feel.
Financial Services Compensation Scheme (FSCS)
Protecting your money
Your eligible deposits held by a UK establishment of Clydesdale Bank PLC are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme.
This limit is applied to the total of any deposits you have with the following: Clydesdale Bank, Yorkshire Bank and Virgin Money. Any total deposits you hold above the limit between these brands are unlikely to be covered.
Please see FSCS leaflet download (Opens in a new window) for further information or visit www.fscs.org.uk
You can also refer to our FSCS Guide download (Opens in a new window) for more details.
You can find impartial information and guidance on money matters on the “Money advice service” website.
Yorkshire Bank is covered by the Financial Services Compensation Scheme (FSCS), Find out more.