Halifax Ultimate Reward Current Account - Changes

PhilipM

Would I be right in saying that the upcoming substantial change to the price and benefits of this account will mean people (like me) who are still within their twelve-month minimum period can cancel without penalty? I'm sure the answer is yes, but there's no mention of it on the website.

opinions4u

PhilipM wrote: »

Would I be right in saying that the upcoming substantial change to the price and benefits of this account will mean people (like me) who are still within their twelve-month minimum period can cancel without penalty? I'm sure the answer is yes, but there's no mention of it on the website.

Pretty sure they have to give you 60 days notice of the change, during which time you can quietly back out.

Although it's usually quite easy to cancel anyway.

Last time I looked it wasn't a 12 month contract anyway, unless you'd made a claim, but I've not read that part of the small print recently.

glider3560

chinamanlow wrote: »

How about looking after your car like i do? regular mot and service,learning about basic stuff on how to diagnose problems.....but people are lazy and would rather pay insurances for say the AA to charge you alot for a basic easily fixed thing on your doorstep.

I assume you've never broken down on a motorway or in a place that isn't familiar.

How about [real scenario] your wheel axle snapping (yes, it really did snap) just one week after the car was serviced whilst you were travelling at 30mph on a motorway slip road in a town you've never visited before at 9pm.

What would you do in that case without breakdown cover? Phone round local garages and see who could come out at that time? Then pay a ridiculous call-out charge because you couldn't be bothered to pay for breakdown cover?

Even if you don't have it with your bank account, I'd urge any motorist to have some breakdown cover, even if it is the cheapest available.

chinamanlow wrote: »

i dont bother getting holiday insurance for europe i just use a blue card for hospital treatment if needed (i never have).

How about if you are seriously injured and need to return to the UK. Are you going to pay the £15,000 for an air ambulance?

I personally won't pay for a bank account as I don't need all the features, but I definitely insure things that I cannot afford to cover myself (e.g. travel insurance).

mrmajika

Some people go through life completely uninsured and get away with it. Others pay the price (quite literally) when the proverbial hits the fan.

At first thought I was reluctant to take out the Ultimate Reward, however, at £7.50 each for our joint account, means that we are both covered for AA with Homestart, both our smart phones (non I-phones) are covered with a £30 excess and we have travel insurance and home emergency insurance.

It is most likely that 12 months from now, we will have paid £180 and not claimed on any of these. But I wouldn't have it any other way - I feel the need to have these things covered and I struggle to find it cheaper elsewhere.

I don't add our mobile phones to our home insurance as I don't want to affect our no claims bonus should I have to claim.

It's each to their own when it comes to insurance, however, I would suggest that the poster who appears to be going on holiday hoping that their EHIC card will sort everything for them, is very misguided.

chinamanlow

Have you ever needed that insurance tho??? ive never broken a phone/had it stolen/damaged it....i keep em pristine to re-sell for profit,AGAIN, put it on your home insurance - contents etc MARTIN said this ages ago.
Someone would have to go through me first to get my fone,not a chance.

chinamanlow

Glider 3560.....id be suing the crap car company who "serviced" your car,i don't break down cause i look after my car,its easy ! get it from a decent garage with decent warranties not too old/HPI it ,keep your eyes on mot/servicing/simple up keep....people just buy cars put petrol in till it goes wrong etc. As for people getting injured on hol' its usually cause they're !!!!ed or messing about,i go to no kids 4 star places with all the money ive saved from not giving it to banks/insurance companies etc HA

opinions4u

chinamanlow wrote: »

Glider 3560.....id be suing the crap car company who "serviced" your car,i don't break down cause i look after my car,its easy ! get it from a decent garage with decent warranties not too old/HPI it ,keep your eyes on mot/servicing/simple up keep....people just buy cars put petrol in till it goes wrong etc. As for people getting injured on hol' its usually cause they're !!!!ed or messing about,i go to no kids 4 star places with all the money ive saved from not giving it to banks/insurance companies etc HA

Tell that to the bloke who lives round the corner from here.

Had a heart attack in Corfu.

£20k of medical treatment. Additional flight costs for his family.

Tea total. Has never touched a drink in his life.

I think he's glad his bank had flogged him one of these accounts. His wife certainly is.

Comyface

opinions4u wrote: »

Tell that to the bloke who lives round the corner from here.

Had a heart attack in Corfu.

£20k of medical treatment. Additional flight costs for his family.

Tea total. Has never touched a drink in his life.

I think he's glad his bank had flogged him one of these accounts. His wife certainly is.

Quite.

I personally breathed a sigh of relief that my sister's friend had one of these accounts (not a Halifax one) when, last month, she was knocked over by a drunk driver in the middle of the day on her birthday weekend in Spain.

Just realised how long that sentence is! But I was relieved, as I say. She's got loads of broken bones and is in a wheelchair at the moment (not permanent). The insurance on her bank account flew her home. Her partner only had an EHIC. Luckily he wasn't as badly hurt.

I'm not sure if I'd have taken insurance for a simple weekend away. Well, I will from now on!

chinamanlow

Depends alot on how old he was/fit or overweight/health history.....i'm very fit for 42,depending on where you are depends if you can claim if someone knocks you down.Say in NYC, where i go alot,a lawyer would be right there with a card before you hit the ground. Ok (in europe) you cant go to a GP but youre gona pay over your insurance-excess for it anyway.EHIC is only for normal standard-hospital treatment like broken bones etc.
Ive never claimed much on ANY insurance thats why my cover SHOULD be low but IT ISN'T. I have sued people successfully though...ALOT.

mrmajika

chinamanlow wrote: »

Ive never claimed much on ANY insurance thats why my cover SHOULD be low but IT ISN'T. I have sued people successfully though...ALOT.

If only the Reward Current account included legal cover eh...:D

chinamanlow I appreciate what you say, but what would happen on holiday if you suddenly were exposed to Kryptonite?

Each to their own. I think it's high time this thread got put to bed!