MoneySavingExpert News

Packaged account

Lloyds to introduce up to £28/mth fee for customers with 'free' access to its Gold, Platinum and Premier packaged bank accounts

The move impacts customers who took out these accounts before 2005 and who benefitted from offers to have the monthly fee waived provided they kept a certain amount of money in the accounts each month.

16 July 2021

Nationwide to cut interest and overhaul overdraft fees on FlexPlus account – is it still worth it?

Nationwide has started telling customers about changes it's making to its FlexPlus packaged bank account in November, which include slashing in-credit interest and raising overdraft fees for many. We've full details of the changes below, plus our analysis of whether the account will still be worth it

27 August 2019

Halifax to shake up Ultimate Reward account fees – are you a winner or loser?

Halifax is to change the fees it charges on its Ultimate Reward packaged bank account from November, MoneySavingExpert.com can reveal. If you spend a lot on your debit card or have a high account balance you could pay less, but many who don't meet the criteria will pay more - we've full info and analysis

16 August 2019

Monzo launches a premium account – but is it any good?

App-only bank Monzo has launched a premium service – but is it any good?

25 April 2019

Top packaged bank account to stop insuring over-70s unless they pay more

Nationwide is to lower the maximum age covered by its packaged bank account travel insurance from 75 to 70, while raising the surcharge paid by older customers from £50 to £65

3 October 2018

Nationwide to hike fee on flagship packaged bank account – is it still worth it?

Nationwide is overhauling its FlexPlus packaged account and increasing the £10/mth fee to £13/mth

27 June 2017

NatWest to bin benefits offered on its Black credit card – leaving some without travel insurance

NatWest is scrapping the benefits it offers to 30,000 customers with its Black credit card at the end of the year

25 October 2016

Banks must do more to curb packaged account mis-selling, warns regulator

Eligibility checks for packaged bank accounts have improved but more needs to be done

20 October 2016

RBS to hike fees for Black and Platinum package account customers

Over one million RBS and NatWest 'Black' and 'Platinum' package account customers will pay more from January 2016

13 November 2015