Halifax Ultimate Reward Current Account (£10 p/m)

bradley_2-2

Opinions?

Obviously an account for everyone, but the benifits and freebies look better than any other paid bank account.

bradley_2-2

a little bit of info:

"The Halifax Ultimate Reward account offers interest of at least five per cent on positive balances, a £250 interest-free overdraft, free travel insurance, roadside assistance, mobile phone insurance, card protection, and cash bonuses on mortgages and loans.

For these - and other included benefits - account holders are charged £10 a month. "

Just wanting to know public reception of this account from my HBoS employee point of view

tom188

Generally can get the bits you need cheaper than the package deal.

regularsaver1

It will pay 6.17% AER up to £2500 (so will the High Interest)

Interest free overdraft up to £300 (was £250)

Free Worldwide Family Travel Insurance

Free Mobile Phone Insurance

Free Home Emergency Cover

Extra 1% savings interest on some of their accounts

10% discount on car insurance

15% discount on home insurance

£50 for a new personal loan completion above £5000

£120 on new mortgage completion

American Express Traveler Cheque Card

Discounts at some restaurants and days out

Free Card care

Identity theft assistance

Ect ......

regularsaver1

tom188 wrote:

Generally can get the bits you need cheaper than the package deal.

How so Tom?

I used to have worldwide travel insurance - was £66 a year

had mobile phone insurance - was £7.99 a month - £96 a year

I used over draft - by say £200

Home emergeny on my home insurance was £4 a month alone - £48

so over £220 ish

and did not 6.17% AER

so you can saver - but the benefits won't suit everyone. which is why they are keeping the High Interest at same interest rate

shazkhan111

barclays are doing it for £7.25, dont get the interest tho

regularsaver1

and no travel insurance with theirs>?

JoseChungsDoomsday

I like it, does anyone know if you have to put £200 onto the axem card before they send you it or does it come automatically?

regularsaver1

to activate benefits, some activate on their own, others you call for with your welcome pack

shazkhan111

regularsaver1 wrote:

and no travel insurance with theirs>?

u do on the additions plus

regularsaver1

at £14.50 a month