indeed, points are the new miles.
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Club M account will be available to new customers from March.
As we already covered a little bit above, it’ll be £14.50 
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Does anyone know why the IBAN (I think it’s called that) still refer to their old names? My one says “York” which obviously refers to Yorkshire Bank.
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It’s to do with which end of the business your account is from. The sort code of 05 is the “old Yorkshire Bank” sort code and the 82 sort code is “old Clydesdale Bank”. Remember that “new Virgin Money” was really a reverse merger where CYBG slapped Virgin Money branding on their old accounts.
The IBAN includes a BIC (bank identification code) which relates to the sort code from the old business.
Ultimately, they can change these details but banks don’t like to as any saved IBAN details and other details then have to be changed by customers otherwise payments don’t go through. I think HSBC U.K. still includes MIDL (from the old Midland Bank branding) in their IBAN.
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Is it just random which one you get (Yorkshire or Clydesdale)?
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I think all new accounts are 62 (Clydesdale) but I may be wrong
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I opened my account at the start of February and it was 05 (so Yorkshire Bank).
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I guess it must be random then!
I opened mine last July and it was 62
Mine’s 82 with CLYD in the IBAN. Is this a mysterious third option?
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I’ve just checked my card - I CASS’d away very quickly. Turns out mine was also 82…
I had issues with 82 being a Scottish issued sort code and wasn’t recognised by some systems especially my work’s payroll
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Sorry, it’s actually the second option!
It was a typo when I said 62 earlier (oops).
Yes, 82 was a Scottish sort code - all the 80s are Scottish and all the 90s are Northern Irish or reserved for the Republic of Ireland (which uses the same set of numbers as us).
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Not any more.
My HSBC account’s IBAN kept MIDL (as a result of its Midland Bank origins), but changed to HBUK in late 2017 - just before the formal separation out into the “ring-fenced” HSBC UK happened.
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The Virgin Money current account will be having a name change soon - “Our Virgin Money Current Account will soon be changing to be the M Plus Account. Don’t worry, it’s just a name change. Everything else stays the same.”
Not sure I like “M Plus” 
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It will be to match the rest of their accounts.
M Account - Their basic account
M Plus Account - Their standard current account
Club M Account - Their premium, paid-for account
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Oh I get it, I just don’t like it
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I don’t have a problem with it and I do like that their accounts will soon have names that make sense alongside each other.
It doesn’t really make sense. M Basic, M Account and M Plus/ClubM…
M Plus isn’t plus anything it’s just a normal current account with no extra benefits really. Adding the word plus doesn’t actually make it plussy…
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It does offer interest which most free current accounts don’t do anymore.
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That is a truly horrible name, and like much of the rebrand seems to have the feeling of 6/10, must try harder. The new VM to me has the distinct feeling of a pensioner putting on a cap backwards and wearing a Thrasher sweat and assuming everyone will assume they’re 19 now, it doesn’t seem very authentic, as much as I am rooting for them to shake things up.
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