Looking for a good package account

JoseChungsDoomsday

Hi Folks
Decided to make the jump and get a package current account - I'm currently with smile and happy to stay there but I won't get their account as co op do it for £4 cheaper.

So basicaly I'll be opening it and just putting the monthly fee in.

Anyone got any recommendations?

chambta

What do you want?

JoseChungsDoomsday

just the usual - travel insurance etc, just looking for recommendations as theres quite a few to choose from as different prices!

book12

Look on the moneysupermarket.com website for more details, and compare them.

It depends what benefits you would use though, as each packaged accounts has different things in them. It's a personal choice.

Personally, the Halifax one is good, due to the wide range of benefits at a good cost.

chambta

Defaqto have rated each bank's packaged account. I'm sure a google of them will give you more info. I know they rated Royalties Gold (RBS) 5* above quite a few others.

opinions4u

Before you buy any packaged account, price up buying the insurances individually.

Ask the questions:

1) What insurance do I really need
2) What insurance would I have bothered to buy had these accounts not existed

Then get quotes for separate policies.

It will almost certainly be cheaper than a packaged account.

Also, if the Halifax will pay you £5 for NOT having a packaged account, why not use the £60 a year they would give you to pay for some of the insurances you want?

Kavanne

book12 wrote: »

Personally, the Halifax one is good, due to the wide range of benefits at a good cost.

However I believe it only has a 4* Defaqto rating, whereas there are several other accounts elsewhere rated 5*

JoseChungsDoomsday

thanks for all your help guys, Defaqto is an awful site to navigate!

I think I'll go with the first direct package account, seems good for the money. Plus the debit card looks great!

book12

Kavanne wrote: »

However I believe it only has a 4* Defaqto rating, whereas there are several other accounts elsewhere rated 5*

I can't seem to see the 'star' ratings for the accounts. :huh::o

How do you do it?

Kavanne

book12 wrote: »

I can't seem to see the 'star' ratings for the accounts. :huh::o

How do you do it?

Saw it in the branch when they tried to flog it to me. on their literature.

book12

Kavanne wrote: »

Saw it in the branch when they tried to flog it to me. on their literature.

Ok. In the first place, I thought you mean on the defaqto website...