Co-Op increasing monthly fee for Everyday Extra account

General_Grant

From 1 July 2025 the Everyday Extra account monthly subscription fee will increase by £3.00 from £15.00 to £18.00

Everyday Extra account benefits

Everyday Extra account allows you to benefit from RAC UK and European Breakdown Cover, AXA Worldwide Family Travel Insurance and Mobile Phone Insurance.

Why the fee is increasing

The fee has been £15.00 since July 2017. We have kept it at this amount for as long as we could, but over this period the cost of providing insurance has risen significantly. This means we now need to adjust the fee to ensure that we can continue to offer the same level of cover that you benefit from today.

Please review your individual circumstances to ensure this account still meets your needs

If you do not agree to the fee increase, you can ask us, at any time, to convert your account to a current account that doesn’t have a monthly fee, but you will no longer have access to the benefits of the Everyday Extra account.

You can switch to another current account provider or close your account at any time before the 1 July 2025. We won’t charge you for closing your account, but you’ll need to repay any charges for using the account, such as overdraft or payment charges, and overdraft interest.

If you want to continue to benefit from your account, there is nothing you need to do. If you do not convert or close your account, before this time we will assume you have accepted the change and will begin taking the new fee from 1 July 2025.

steven141

That leaves Virgin Money as the only cheap account with insurance left now.

WillPS

steven141 said:

That leaves Virgin Money as the only cheap account with insurance left now.

Indeed, long may it last (although given its parent jacked their price up in December, I reckon a hike commeth!).

friolento

steven141 said:

That leaves Virgin Money as the only cheap account with insurance left now.

What is the age limit at Virgin?

WillPS

friolento said:

steven141 said:

That leaves Virgin Money as the only cheap account with insurance left now.

What is the age limit at Virgin?

https://uk.virginmoney.com/current-accounts/existing-customers/club-m-account/insurance-eligibility-information/#travel-insurance

"All adults insured must be under 75 years old"

subjecttocontract

Co-op age limit is 79.

HillStreetBlues

WillPS said:

friolento said:

steven141 said:

That leaves Virgin Money as the only cheap account with insurance left now.

What is the age limit at Virgin?

https://uk.virginmoney.com/current-accounts/existing-customers/club-m-account/insurance-eligibility-information/#travel-insurance

"All adults insured must be under 75 years old"

Would that mean children can be over 75

robot1000

Just received letter through today informing me of the changes. 

Flexplus costs the same so thinking about switching back to them