Firm analysis

Virgin Money plc complaint analysis

A public analysis page covering published Financial Ombudsman decisions involving Virgin Money plc, including outcome context, product mix, complaint themes, and representative cases.

Page summary

476 published decisions involving Virgin Money plc, with product mix, upheld-rate context, complaint themes, precedent signals, and representative cases.

Published decisions

476

Firm-specific decision volume in the public corpus

Upheld rate

23.9%

114 upheld decisions

Latest published decision 25 Mar 2021

Published decisions

476

Firm-specific decision volume in the public corpus

Upheld rate

23.9%

114 upheld decisions

Leading product

Banking and credit

402 decisions

Leading complaint theme

Delay In Claim Handling

113 tagged decisions

Virgin Money plc at a glance

Virgin Money plc appears in 476 published decisions in this corpus. 23.9% of those decisions were upheld, which gives a public view of how often complaints involving this firm ended in a fully upheld outcome in the final published set.

Banking and credit is the firm’s clearest product exposure in the published decisions, with 402 decisions and an upheld rate of 23.6%.

  • Latest active year in the published data: 2021 (3 decisions)
  • Most common complaint theme: Delay In Claim Handling
  • Most common precedent signal: Section 75 Cca

Volume and outcome trajectory

Virgin Money plc's decision trail runs from 2013 to 2021. That range gives enough public history to see whether complaint exposure has been broad-based or concentrated into certain years.

In the latest year represented here, Virgin Money plc appeared in 3 published decisions with an upheld rate of 33.3%.

  • 2021: 3 decisions, 33.3% upheld
  • 2020: 74 decisions, 32.4% upheld
  • 2019: 117 decisions, 21.4% upheld
  • 2018: 71 decisions, 31.0% upheld
  • 2017: 40 decisions, 22.5% upheld

Themes, products, and precedent signals

Delay In Claim Handling is the strongest complaint-theme signal tied to Virgin Money plc in the published decisions. In this corpus, those themes are the most stable public proxy for complaint “type”.

Section 75 Cca, Consumer Credit Act 1974, Mcob, and others are the most visible precedent signals in the firm’s published decisions. That gives extra context on the rules and fairness arguments appearing most often around the firm.

  • Banking and credit: 402 decisions
  • Second complaint theme: Fraud Or Scam Concern
  • Second precedent signal: Consumer Credit Act 1974

Representative cases

Recent published decisions in this slice

5 examples shown

DRN-270064625 Mar 2021Upheld

Virgin Money plc · Banking and Payments

DRN-2700646 The complaint Mr G complains that Virgin Money plc failed to provide him with an alternative means of strong customer authentication (SCA) which he could conveniently use. What happened In 2019 Mr G opened an online banking account with Virgin Money. At first he was able to us... (3 pages)

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DRN-252378208 Feb 2021Not upheld

Virgin Money plc · Banking and Payments

DRN-2523782 The complaint Mrs S is unhappy as she believes she was misled by Virgin Money plc with regard how much interest she would receive on a savings account. What happened Mrs S opened a savings account in branch with Virgin Money on 8 May 2019. Mrs S chose this savings account becau... (2 pages)

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DRN-255373902 Feb 2021Not upheld

Virgin Money plc · Banking and Payments

DRN-2553739 The complaint Mr R complains that Virgin Money PLC (Virgin) closed his account after removing the funds within it, to comply with a court order. What happened Mr R had a current and savings account with Virgin. In April 2019, Virgin received a court order requiring it to deduct... (2 pages)

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DRN070414519 Nov 2020Not upheld

Virgin Money plc · Banking and credit

Mr W complains that Virgin Money PLC won’t refund a payment made on his credit card for a training course and test. background In January 2018 Mr W used his Virgin Money credit card to pay for a training course and subsequent test supplied by a training company. He rang in before the test ... (3 pages)

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DRN553393202 Nov 2020Not upheld

Virgin Money plc · Banking and credit

Complaint Miss B complains that Virgin Money plc sold her a credit card which she couldn’t afford, and they failed to respond to her when she let them know she was facing financial hardship. Background Miss B applied for and was issued with a credit card from Virgin Money in October 2016. ... (3 pages)

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