We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Packaged bank accounts...take care!

I have a Co-Op packaged account which I am quite happy with. I have free world travel insurance but thought that I would check out Halifax and Nationwide to see how they compared.
Well, here's the big surprise.... I checked the insurance whilst I was in branch and as I have 2 medical conditions... hypertension and cholesterol ( both well controlled with medication for last 5 years) there was an excess to pay, £70 and £65 respectively. The Co-Op has no excess!
So beware. I could purchase insurance for £65 on the web so do not see these other accounts as a benefit,
Needles ti say, I have stayed with the Co-Op.

Comments

  • colsten
    colsten Posts: 17,596 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    You are right, you always need to read the details of insurance covers, and compare like with like to determine which is better value for money, and whether the terms are actually right for you.

    Interesting to see that the Coop doesn't appear to be offering a current account with travel insurance any longer to new applicants. Perhaps they got their numbers wrong (again) and the offering was unprofitable.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.