Packaged Bank Accounts

nytram37

Hi I have a Premier account with Barclays, I've had this since 1998 when Barclays insisted the company directors had to switch to Barclays Premier to get a business loan to buy the company. How far back does this apply too and do Business related loans count as well?

grumbler

nytram37 wrote: »

Hi I have a Premier account with Barclays, I've had this since 1998 when Barclays insisted the company directors had to switch to Barclays Premier to get a business loan to buy the company. How far back does this apply too and do Business related loans count as well?

MSE wrote:

I was told I had to get it, eg, to get a mortgage
Customers were often told they had to sign up to a packaged account to get a loan, mortgage or other product. Or that their other application would be declined if they didn't get a packaged account. This is blatant mis-selling.

I don't see how a loan, business or personal, is different.

• Packaged Bank Accounts

jonesMUFCforever

nytram37 wrote: »

Hi I have a Premier account with Barclays, I've had this since 1998 when Barclays insisted the company directors had to switch to Barclays Premier to get a business loan to buy the company. How far back does this apply too and do Business related loans count as well?

In the 17 years you have had the accounts - have you used any of the benefits?
If you have not you may have a claim.

tomo21217

Might be worth checking if you have been paying for the service or not.

The premier account isnt a packaged account, it gives you a £1k free od and few other services, but it is a free account.

Premier life on the other hand is a packaged account, but they only sold this from about 5 years ago, you being you have had the account since 1998, I doubt you have been paying for the account.