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

JoseChungsDoomsday

good thing about hbos is they do a lot of the insurance in house so its cheaper for them to run

regularsaver1

Yeah everything bar the Home Emergency and the RAC will be provided by HBOS - by St Andrews group

one line to claim for all

tom188

regularsaver1 wrote:

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

Exactly my point, these accounts can be good if you are going to make use of most of the features but if you only want a few of them then by shopping around you could get a better deal.

regularsaver1

which is why it will suit some and no others

and why they still have their other 3 current accounts too

Jarlawuk

I will be getting it for the interest and id insurance also the mobile phone insurance. Seems similar to the benefits of the TSB premier account for £25 which my gf has so she might take it up too heh.

regularsaver1

good to know a comparison

DeSanj77

Hi there,

thanks for the info.

do you know when Halifax is going to lunch this account "Ultimate Reward Current Account"?

I cannot see anything on their website.

Moonbeam

End of this month - I think planned date is something like the 27th February!!!!

regularsaver1

19th February

LisaT186

Mobile phones are covered on some home insurance (mine covers up to £250 under personal possessions), travel insurance is available free on some accounts (mine comes with A&L) and identity theft protection is available through CPP at £4.99 a month or £59.99 a year (think I got a discount though due to my current account). By using the boards on here for home and car insurance would you buy through the halifax or manage to get cover at the same price from elsewhere? and what happens on renewal, does your premium go up and you feel obliged to stay because you're paying for the current account.

Not saying its not worth it, it will be to some, more thinking aloud!!