Travel insurance perks and Santander bank A/C ?

adindas

I remember to read somewhere in the forum that one or so Santander current A/C do have travel perks.

Could anyone please shed the light which current a/c have a travel Insurance perk, Santander Zero, preferred current a/c, etc ?

If you could also paste the link about that info, it will be great.


Thank you

YorkshireBoy

Are you serious?

The information you require is very clearly displayed on their website. Just click 'current accounts'.

adindas

Thank you for the info.

After reading their a/c info and a/c comparison sites it seems that only the fee paying customers (e.g Reward or premium current a/c) will get a free travel insurance (?). Not attractive enough though as other high street Banks also have the same product with approximately the same amount of fee.

YorkshireBoy wrote: »

Are you serious?

The information you require is very clearly displayed on their website. Just click 'current accounts'.

dzug1

Well I have free insurance with them with a non-fee paying account. When it was A&L it was very good - no problems claiming whatsoever. Haven't needed to use it since it became Santander

I do have to pay in a certain sum a month - can't remember how much - and can't have paper statements. But no fees

May not be on offer to new customers though

ses6jwg

The Alliance and Leicester Premier account came with free multi trip european travel insurance if funded with more than £500 pcm.

Off sale to new customers since June 2010.

The Nationwide FlexAccount comes with free insurance.

YorkshireBoy

ses6jwg wrote: »

The Alliance and Leicester Premier account came with free multi trip european travel insurance if funded with more than £500 pcm.

I seem to remember some Premier Direct customers (sounds like dzug1 is one?) enjoyed the same perk?

The Nationwide FlexAccount comes with free insurance.

...but new customers must switch an account to them using their switching service, including all DDs and SOs, and credit £750 per month, in order to get it.

ses6jwg

Yes Yorkshireboy, you are right on both points.

The Premier Direct Travel preceded the Premier Direct/ Premier offerings and also came with travel insurance.

adindas

dzug1 and all other members who provide new info Thank you for adding more info, really appreciate that.

I did have A&L a/c but I closed it a few years ago and three months later I opened a new one. I keep doing that to get switching incentive and high interest rate of 5%. I know it is quite cheeky, though but I also learn it from smart people in this forum who teach us how to do this. Unfortunately the a/cs that I am currently having with Santander do not come with travel insurance perk.

In the past few I had been paying at least £100 for my WW multi trip travel insurance, but since early last year I stop paying it as with quite a few trick I could do it for free.

Apart from NW, is there any other bank a/c, (no fee involved) which is offering a free WW travel insurance ? I am planning to supplement my NW travel insurance which only cover EU fro the a/c holder

Thanks for all other members for the update ...

dzug1 wrote: »

Well I have free insurance with them with a non-fee paying account. When it was A&L it was very good - no problems claiming whatsoever. Haven't needed to use it since it became Santander

I do have to pay in a certain sum a month - can't remember how much - and can't have paper statements. But no fees

May not be on offer to new customers though

ses6jwg

It's not really free, but if you keep the £2500 in the Santander reward account and cycle the £1000 pcm through it each month, you will earn just over £8 per month in interest for the first year.

There is the £10pcm fee, but in reality the perks will cost you less than £2 per month, probably about £20 per year for the various insurances if you did it that way.

YorkshireBoy

ses6jwg wrote: »

but in reality the perks will cost you less than £2 per month, probably about £20 per year for the various insurances if you did it that way.

In "reality" it'll cost you nearer £7 per month (£84 per year) because you could get over 3% on your £2,500 in an instant access savings account without the need to cycle funds each month.

I agree it's still a good option though.