Anyone ever tried Coutts bank

JuneBow

I am fed up with the lack of efficiency of the high street banks and not being able to talk to anyone (ie a named individual at the bank) so am thinking about private banking like Coutts.
Has anyone ever tried this?
What does it cost? Is it better/more efficient. Do you get any "perks" for your money?
What I am trying to say, how does it compare to the ordinary high street banks?

bendix

JuneBow wrote: »

I am fed up with the lack of efficiency of the high street banks and not being able to talk to anyone (ie a named individual at the bank) so am thinking about private banking like Coutts.
Has anyone ever tried this?
What does it cost? Is it better/more efficient. Do you get any "perks" for your money?
What I am trying to say, how does it compare to the ordinary high street banks?

What's the point? They have so few branches, that surely the thing you are looknig for - personalised service - is kinda moot.

If you are looking for that sort of service and have the funds to back it, go with HSBC Premier. Branches everywhere.

Statement of interest: I have a Coutts company credit card from work.

Dr_Cuckoo3

Coventry Building Society is the next best thing





* source karatedragon

bendix

Dr_Cuckoo3 wrote: »

Coventry Building Society is the next best thing





* source karatedragon

Queens English, or ridiculously west midlands accent? You decide.

fawinds

JuneBow wrote: »

I am fed up with the lack of efficiency of the high street banks and not being able to talk to anyone (ie a named individual at the bank) so am thinking about private banking like Coutts.
Has anyone ever tried this?
What does it cost? Is it better/more efficient. Do you get any "perks" for your money?
What I am trying to say, how does it compare to the ordinary high street banks?

I believe the Queen has there her savings, but you will need to be a high net worth individual to start talking with them. Even so, they may show you the door.

Funkyfreddy

JuneBow wrote: »

..
What I am trying to say, how does it compare to the ordinary high street banks?

Natwest by another name

FF

MGCP

The requirements before you can bank with them are pretty steep.

If your salary is over £75k or you have savings (with them) of £50k you can get a private bank account with natwest (I expect most banks have similar set ups). That would at least get you a personal contact at the bank if you have problems. You still have to deal with counter staff though!

pipsi_2

Unless you're a millionaire forget about Coutts, i have a friend who has an account with them but his parents are super rich which is why he has ended up with one and to be honest i think he only banks with them so he can show off how rich he is when out with other people as he pretty much always pays with his card and flashes it around a bit. From what i hear HSBC Private bank are pretty good, i'm not used them personally but i used to have a normal current account with HSBC, must say i wasn't overly impressed with them from my experience but i have clients who are with HSBC Private Bank and they seem pretty impressed with it, but again you have to have a lot of money to bank with them.

pelirocco

MGCP wrote: »

The requirements before you can bank with them are pretty steep.

If your salary is over £75k or you have savings (with them) of £50k you can get a private bank account with natwest (I expect most banks have similar set ups). That would at least get you a personal contact at the bank if you have problems. You still have to deal with counter staff though!

I have private banking with Natwest ,(apparently ) .....................the only difference I have noticed is they keep bloody phoning me up to do a review of my account i.e flog me some thing no doubt

inmypocketnottheirs

Citibank offer their citigold account where if you do not meet their net worth criteria you can pay £25 per month for a UK based account manager.

jinkster

What are the requirements for Coutts?

What is the monthly costs?