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  • FIRST POST
    • MSE Sally
    • By MSE Sally 31st Oct 12, 3:23 PM
    • 68Posts
    • 27Thanks
    MSE Sally
    Best Premier Current Accounts Article Discussion Area
    • #1
    • 31st Oct 12, 3:23 PM
    Best Premier Current Accounts Article Discussion Area 31st Oct 12 at 3:23 PM
    This discussion relates to the new

    Last edited by MSE Sally; 22-11-2012 at 3:26 PM.
Page 5
    • Oneoftheoldies
    • By Oneoftheoldies 3rd Sep 15, 11:59 AM
    • 11 Posts
    • 0 Thanks
    Oneoftheoldies
    Premier Bank Accounts - Lloyds
    I too am in my late 70s and for several years have had a Lloyds Bank added value (Vantage) account. My monthly fee of 17 includes the following: worldwide travel insurance, AA personal cover, incl. home start (which I've needed more than once), mobile phone cover. I've always felt this package to be good value, having calculated the cost of separate policies.

    The a/c I have at present pays 1.5% interest on a balance between 3000 - 5000. This is a considerable reduction on the initial interest paid.

    I am considering upgrading to their Club account in order to earn 4% interest on a balance between 4000 and 5000, fixed for the first 12 months. There are other added benefits. The account stipulates that 1,500 must be paid into the account each month. (It doesn't have to stay in there for the month!). Otherwise an extra 5 would be charged. I'm concerned that I may go to the hastle (endless questions and info to listen to!) of changing only to find that the interest is greatly reduced after a year.

    I WOULD VERY MUCH APPRECIATE OTHER MEMBERS' VIEWS ON LLOYDS premier accounts before I make any changes. (NB I have some savings but am NOT well off.)
    Last edited by Oneoftheoldies; 03-09-2015 at 12:09 PM. Reason: clarification
    • thebigbosh
    • By thebigbosh 15th Sep 15, 10:38 AM
    • 250 Posts
    • 812 Thanks
    thebigbosh
    Keen on getting an HSBC premier account for the credit card principally but don't full qualify for any of the criteria. Do they ask for proof of salary or do they base it on what's coming through your account? If the latter, I could get through I think
    School is important, but Rugby is importanter.
    • Kiwekey
    • By Kiwekey 15th Jan 16, 2:55 PM
    • 1 Posts
    • 0 Thanks
    Kiwekey
    I am just wondering please can I have some advice, I have the Lloyds premium account which has all the normal perks of travel insurance, mobile, AA car cover etc but it has AA homecare which is for electricity, pipes etc cover. Now this account is 25 a month and isn't offered anymore I am wondering have I got the correct account is paying 25 a month, 10 more than most accounts worth it just for the AA home cover??
    Advice welcome please
    • Savvy_Sue
    • By Savvy_Sue 15th Jan 16, 10:05 PM
    • 37,351 Posts
    • 33,677 Thanks
    Savvy_Sue
    I am just wondering please can I have some advice, I have the Lloyds premium account which has all the normal perks of travel insurance, mobile, AA car cover etc but it has AA homecare which is for electricity, pipes etc cover. Now this account is 25 a month and isn't offered anymore I am wondering have I got the correct account is paying 25 a month, 10 more than most accounts worth it just for the AA home cover??
    Advice welcome please
    Originally posted by Kiwekey
    As I think Martin says in his article, do you need the perks, and what would you have to pay to get them separately? I'm afraid I don't know what you'd have to pay for AA homecare, or what's covered, but that's your starting point.
    Still knitting!
    Completed: 1 adult cardigan, 2 baby jumpers, 1 shawl, 2 pairs baby bootees,
    1 Wise Man Knitivity figure ...
    Current projects: 1 shawl, 1 baby jumper
    • traveller57
    • By traveller57 20th Jan 16, 7:30 PM
    • 3 Posts
    • 1 Thanks
    traveller57
    best current accounts article Nationwide Flex Plus
    hi , we have held a nationwide flex plus for two years ( I have held one for four)We have declared all our medical history for annual world wide travel and have paid an extra 230 for a couple, which was cheaper than other companies and that gave us an extension of 10 days and no excess to pay. We had to claim last year and everything went smoothly ,and the cost this year hasn't risen. Originally I was sole account holde , but realised the vechicle breakdown cover didn't include both of us so we made it a joint account. We travel to lots of different places and only once,( in Bhutan) have had to pay a fee for an ATM. We value this service, its great and saves having to change at the airport for 'closed currencies. You can also take out small amounts on a daily basis whcih suits us .hope this was helpful , this is really new to me !!!!
    • brodev
    • By brodev 6th Feb 16, 6:03 PM
    • 993 Posts
    • 865 Thanks
    brodev
    I have a Nationwide Flex Plus joint account. My wife and I are both in our early 70s and have preexisting medical conditions. We have taken medical extensions up to 92 days and this costs us 350 per year for this and the conditions. Last year our car broke down in Spain and took 2 weeks to fix. Ins covered our accommodation costs and various taxis back and forth to garage. 2 months later, still in Spain, I had to go to Hospital 3 days before I was due to go home. Again ins. covered my hospital costs as well as extra expenses getting home. They were not perfect but they did take a lot of the strain off me. I would recommend them
    Something Really Interesting
    • paultaylor77
    • By paultaylor77 24th Feb 16, 10:13 AM
    • 1 Posts
    • 0 Thanks
    paultaylor77
    I have a Co-op Bank paid account which costs 11 per month and works for us. Both me and my wife have pre existing medical conditions, which we have declared and are covered for. Some of these are serious and we have had quotes from specialist insurers which start at over 400 per trip. The Co-op cover is for as many trips per year as you like but a maximum of 45 days for one holiday. It also has mobile phone cover and up to 4 airport lounge passes per year.
    • ajmcg
    • By ajmcg 20th Apr 16, 2:47 PM
    • 10 Posts
    • 2 Thanks
    ajmcg
    Nationwide FlexPlus ticks the Boxes for me.
    I've been happy with the free Nationwide Current Account up until now but with an impending trip to Brazil I've costed getting worldwide travel insurance and have come to the conclusin that it will be cheaper to go for the Flexplus account costing 10 per month. By keeping 2,500 in the account I will get at least 1.5% more interest that I would get elsewhere on an instant access savings account and I'll save around 40 on my UK breakdown cover. These alone will pay for about 80 of the annual fee of 120. The 40 shortfall will be more than covered by the savings in my additional travel insurance. The other items on offer will be a bonus to me as I might be taking the car to France (European Breakdown cover comes for free). I
    • welbentryer
    • By welbentryer 21st May 16, 10:13 AM
    • 4 Posts
    • 0 Thanks
    welbentryer
    Bit Confused
    Sorry but there is a 'Top Packaged Bank Accounts' section, then a 'Best Buy Packaged Bank Accounts' section. I don't understand the difference. Also why is the word 'null' against Mobile (phone) and I can't figure out where the '600 of high end travel' figure is derived. Am I being thick today?
    • grumbler
    • By grumbler 21st May 16, 10:44 AM
    • 51,387 Posts
    • 21,753 Thanks
    grumbler
    Sorry but there is a 'Top Packaged Bank Accounts' section, then a 'Best Buy Packaged Bank Accounts' section. I don't understand the difference.
    Originally posted by welbentryer
    What I see is "Top Packaged Bank Account Analyser" that is a tool, not a 'section'.
    Also why is the word 'null' against Mobile (phone)
    Where?
    and I can't figure out where the '600 of high end travel' figure is derived.
    It's an estimation of the total yearly cost of worldwide travel insurance, mobile insurance and a breakdown cover for a family (for those who really need all of them).
    We are born naked, wet and hungry...Then things get worse.

    .withdrawal, NOT withdrawel ..bear with me, NOT bare with me
    .definitely, NOT definately ......separate, NOT seperate
    should have, NOT should of
    .....guaranteed, NOT guarenteed
    • welbentryer
    • By welbentryer 21st May 16, 10:53 AM
    • 4 Posts
    • 0 Thanks
    welbentryer
    A Left Field Advantage of a Paid Package Account
    A Paid Package Account can be a very useful tool in adjusting your 'bank account portfolio'. I've just used my Nationwide FlexPlus account to switch to an M&S current account to reap the M&S benefits. I intend reapplying for the FlexPlus account immediately because I want all the insurances. As the FlexPlus account is a paid account there should be no problem in being accepted again; no silly D/Debit or minimum income requirements. This is an advantage of having one of these 'isolated' accounts if you can justify the cost. You can easily turn them on and off again. I note Lloyds do a Silver account for the same fee, but to qualify it may require the usual current account conditions such as a monthly income, so why mix 'em? One other point, I note that the AA is sticking to its usual standards by excluding Home Start from its cover. LV (Nationwide) includes Home Start and it is a very useful thing to have!
    • welbentryer
    • By welbentryer 21st May 16, 12:27 PM
    • 4 Posts
    • 0 Thanks
    welbentryer
    I don't understand why the Nationwide FlexPlus account (yes I see it's mentioned below) isn't included in the Analyser results, especially as it's the best because the Breakdown Cover includes Homestart. (Mobile 'null' appears in the Analyser results).
    • grumbler
    • By grumbler 21st May 16, 12:44 PM
    • 51,387 Posts
    • 21,753 Thanks
    grumbler
    I don't see any 'null', and FlexPlus does appear as "Top Pick" at the bottom if I select joint, mobile insurance for 2, breakdown Europe, travel World, Couple, age <65
    We are born naked, wet and hungry...Then things get worse.

    .withdrawal, NOT withdrawel ..bear with me, NOT bare with me
    .definitely, NOT definately ......separate, NOT seperate
    should have, NOT should of
    .....guaranteed, NOT guarenteed
    • Weegranny
    • By Weegranny 24th Aug 16, 9:40 AM
    • 1 Posts
    • 1 Thanks
    Weegranny
    Nationwide Flexplus
    I was impressed by the costing of the benefits on this article, but I felt you should also mention the interest paid by the Flexplus account, which normally reduces my monthly payment by at least 1 per month, plus the fact that overseas withdrawals are fee free at at a good exchange rate.
    • pelican
    • By pelican 12th Oct 16, 1:46 PM
    • 2 Posts
    • 0 Thanks
    pelican
    Only Barclays tech pack option?
    I tried the analyser, turning on travel and breakdown insurance, but the only option I got was Barclays with tech pack and nationwide flex plus.

    I currently have the Barclays account, but for legacy reasons have most of the "packs" (tech, travel, gadget, home...) and am looking to reduce these as they're too expensive to use all of them. But I would expect the "travel" to come up as an option, at (only?) 10.50 a month.

    Also when I chose "no mobile insurance" it gave me a "show all" button at the bottom of the list. But when I turned on the "mobile insurance" it only gave me the 2. No option to show and compare any further.

    Otherwise a great tool. Thanks.
    • tulips
    • By tulips 5th Jan 17, 10:37 AM
    • 45 Posts
    • 13 Thanks
    tulips
    I recently used Nationwide's flexplus mobile insurance as I sat on my phone! 25 excess and a week later my phone was no longer banana shaped with a cracked screen and they appear to have replaced the battery too. So happy to report this aspect of the insurance works well.
    • lakesider52
    • By lakesider52 1st Feb 17, 9:33 AM
    • 7 Posts
    • 5 Thanks
    lakesider52
    Airport Lounge Access
    I currently have an HSBC Premier account which I am perfectly happy with. However, I would switch immediately if I could find one that included airport lounge access. The HSBC Premier card (Mastercard) used to include access to many airport lounges worldwide but over a number of years they covertly demised this and then, surprise, surprise, launched a new Premier "world elite" card that includes "Loungekey" but for a couple, the sting is a 250 annual fee. Seriously bad behaviour by HSBC for not being open and honest about what they were doing.
    • ratechaser
    • By ratechaser 1st Feb 17, 11:55 AM
    • 446 Posts
    • 350 Thanks
    ratechaser
    I currently have an HSBC Premier account which I am perfectly happy with. However, I would switch immediately if I could find one that included airport lounge access. The HSBC Premier card (Mastercard) used to include access to many airport lounges worldwide but over a number of years they covertly demised this and then, surprise, surprise, launched a new Premier "world elite" card that includes "Loungekey" but for a couple, the sting is a 250 annual fee. Seriously bad behaviour by HSBC for not being open and honest about what they were doing.
    Originally posted by lakesider52
    The NatWest Black account throws in PriorityPass membership, they kept trying to upgrade my old private bank account to it, but at 28/month, I decided that buying a PP outright was a better use of my money!

    YMMV but I've found the only cost effective packaged account to be FlexPlus (but then I do have 4 iPhones in the family to insure)
    Last edited by ratechaser; 01-02-2017 at 12:01 PM.
    • snowcat53
    • By snowcat53 6th Feb 17, 11:40 AM
    • 599 Posts
    • 373 Thanks
    snowcat53
    The Smile More account includes lounge access (selectable) through Dragon Pass - as well as Travel insurance and breakdown cover. Includes both of you if joint account. Costs about 15 pcm
    • snowcat53
    • By snowcat53 6th Feb 17, 11:41 AM
    • 599 Posts
    • 373 Thanks
    snowcat53
    I currently have an HSBC Premier account which I am perfectly happy with. However, I would switch immediately if I could find one that included airport lounge access. The HSBC Premier card (Mastercard) used to include access to many airport lounges worldwide but over a number of years they covertly demised this and then, surprise, surprise, launched a new Premier "world elite" card that includes "Loungekey" but for a couple, the sting is a 250 annual fee. Seriously bad behaviour by HSBC for not being open and honest about what they were doing.
    Originally posted by lakesider52
    see my other reply
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