Club Lloyds Platinum Account query

ruedeminc

HI Gang,

I am already a 'normal' Club Lloyds account holder, and I have my fee reimbursed every month.

I am thinking of moving up to a Platinum account for £22.50 a month.

What's driving my thought is that the fee to renew my AA membership (for myself and my wife) has gone up to £500 a year (from £300).  On the face of it, I can save money by cancelling my membership and migrating to a new Club Lloyds account, plus I can get travel insurance also.


It feels too good to be true...are there any gotchas that I am missing?

cheers

R

Isthisforreal99

Have you tried getting an AA quote as a new customer. What level of cover do you have and is it like for like with Lloyds.

Have to say, paying £300 for breakdown cover is insane.

friolento

Have a good look at the T&Cs of the travel insurance, too. I don’t know about the Lloyds one but other packaged ones have relatively low amounts of cover. They also have age and activity restrictions. So depending on your travel plans, you might need another travel policy.

35har1old

ruedeminc said:

HI Gang,

I am already a 'normal' Club Lloyds account holder, and I have my fee reimbursed every month.

I am thinking of moving up to a Platinum account for £22.50 a month.

What's driving my thought is that the fee to renew my AA membership (for myself and my wife) has gone up to £500 a year (from £300).  On the face of it, I can save money by cancelling my membership and migrating to a new Club Lloyds account, plus I can get travel insurance also.


It feels too good to be true...are there any gotchas that I am missing?

cheers

R

Lloyds AA  cover UK, Channel is and IOM  aONLY
Co-op RAC cover Europe

Lloyds emergency £10000000
Has a list of pre existing conditions that don't need to be declared 

Co-op has same level of emergency cover but all pre existing have to be declared

Co-op cost £18 per month 
Current offer of 3 months refunded
Regular saver 7% variable 

Do you need Worldwide cover upto the age of 80
Lloyds Silver European cover upto age of 65 £11.50 per month

Clive_Woody

Might be worth looking at a Nationwide Flexplus account. We pay £18/month and get full AA cover (UK and EU) for my wife and I, global travel insurance and mobile insurance for all the family. They regularly give member payouts, I think my wife and I both got the £100 and the £50 pay outs this year (total of £300), so effectively free banking with perks.

35har1old

Clive_Woody said:

Might be worth looking at a Nationwide Flexplus account. We pay £18/month and get full AA cover (UK and EU) for my wife and I, global travel insurance and mobile insurance for all the family. They regularly give member payouts, I think my wife and I both got the £100 and the £50 pay outs this year (total of £300), so effectively free banking with perks.

Nationwide
Since the change in provider if you have a pre existing condition old provider no additional charge new provider £60 supplement 
Also £50 excess
Lloyds £75 excess per adult may apply 
Co-op no excess