Barclays Premier or Lloyds Private ?

Choosing Between Barclays Premier or Lloyds Private Banking which has the most ‘Snob’ Value, no not for me personally I should point out, but just in general which one has the most ‘Snob’ value out of saying to someone:

I have a Barclays Premier Account

Or

I have a Lloyds Private Account

This is to settle an argument, So all views would be appreciated, I know that they both have benefits, such as freebies with the Barclays one, and the club Lloyds fee is waived for the Lloyds one.

Comments

  • Candyapple
    Candyapple Posts: 3,384 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    For purely 'snob' value I would go with Lloyds due to the below. Plus I'm pretty sure in the past I have read about people not meeting the criteria for the Barclays Premier account and still holding it (I think it was repackaged or rebranded from one they used to charge for?)
    Lloyds Private Account
    To take advantage of our service, you'll need to have at least £250,000 in savings and investments or a sole annual income of at least £100,000.
    Barclays Premier Account
    An annual gross income paid into a current account with us of over £75,000 or over £100,000 in savings or investments through us
    I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com
  • Djene
    Djene Posts: 85 Forumite
    Lloyds Private 100%

    Much higher eligibility criteria. Barclays Premier used to be available to anyone willing to pay £25 a month. Although Barclays equivalent to Lloyds Private is Barclays Wealth. Which has a bit more snob factor in my opinion.
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