I have had a Gold current account with Lloydstsb for years, partly because of the perks it offers. For me, the most useful perk is the "free" worldwide travel insurance for two people, which can continue up to age 80, unlike many other providers who limit to age 70 or even younger. Other useful free perks include AA car breakdown cover. Mobile phone insurance and a card-protection scheme are further perks. Certainly, there is monthly fee for all this of ?12.95, but I believe it is worth it - provided you take holidays abroad, and therefore you actually do need, and maybe even have to use, that travel insurance.The account can be operated online, and the Lloydstsb software for accessing and using the account I find user-friendly and comprehensive.
Posts within the money.co.uk community represent the views, experiences and opinions of members and experts only. They should not be taken as financial advice and should not be followed without further research.
"Lloyds tsb have some security issues. Had problem twice when someone tried to draw some of my money!FRAUD"
"Having had a higher account previously at times I am disappointed"
"I need a change and found this account to be great and have had no concerns"
"Good premier account package."
"For many years I banked with SMILE, but I started to get a little worried about the current state of the Coop Bank - so I decided to switch to a Nationwide Flexplus Current Account. Why I haven't switched sooner, I don't know. The switch went very smoothly with all my Credits and Direct Debits working faultlessly and - guess what - I get paid interest on my current account. The very reason I started banking with SMILE all those years ago. Perhaps Nationwide should..." more
"I moved to nationwide after 17 years with NatWest. I moved because of the 5% Interest rate on the flex direct current account 13 months ago. I have never looked back since then. I absolutely love it. I have mobile and online banking which I find quite secure, accessible and easy to navigate. I have had no problems with them. They make it so easy to carry out transactions and I just find my relationship with them so smooth. I have no regrets. Even though my interest..." more
"This account is great primarily because you get 3% interest on savings of up to £20,000. You can also earn cash back on many purchases and expenditure on Santander mortgages. You need to have an income of £500 every month and set up some direct debits. For the income it's ok if you just transfer £500 out of your account and transfer the same money back in."
"I applied for an account with these monkeys online and was told that I was accepted and to wait for them to contact me. I received a phone call saying that I should take my ID to my local branch. I took my ID and was told that my application had been rejected even before they looked at my ID. I told them that I had been called and told to bring my ID. They insisted that no one would have made such a call. In other words I was a liar. I showed them their number in..." more
"After 15+ yrs with this bank and a spell of unemployment they withdrew my banking facilities and gave me 2 hrs to clear out any funds. All after allowing me to run up a £3500 overdraft while out of work. I later found out that I should have had 30 days notice in writing. Poor service, bad internal communications. Certainly not 'a family member' as their recent advertising implied. I am now complaining to the Financial Ombudsman.
I recommend ALL phone calls..." more
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