Changing Perks on Premium Package

Add car breakdown cover with your premium perk package and I would sign up today.

I would also make the insurance more visible in regards to what you are receiving.
For example, say if it’s worldwide, unlimited claims, family included, zero excess.

I want to buy your premium card but just can’t quite warrant it to the cost.

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Nationwide Plus account is probably your best bet, also cheaper. No metal card though :upside_down_face:

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When I compared, it was cheaper at the time to go direct :face_with_peeking_eye:

Yes I would not be fussed about other perks personally. The lounge access for example.
It would be interesting if a vote on perks was taken if there would be a defined list that would not affect price

This is an additional cost though right?

I think HSBC do or used to offer a choice package for ~£20 for 3 options.

Unsure if any other bank has attempted it otherwise. Can imagine it to be quite complex to handle from a systems point of view.

Yeah it is.

They still do, quite good value I reckon for £19.50

EDIT: Ah, you can’t actually get it anymore

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Agreed, buy your breakdown through the Nationwide package, it’s cheaper than Monzo Premium, and you get phone and travel insurance thrown in for free.

Win win.

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Awks. :sweat_smile:

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Oh!

That must be recent? I hadn’t realised they’de stopped letting new people join. Shame, it was a good offering

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Basically this in a nutshell. When it was still available Select and Cover was a simple choice for the user, you pay a set amount, you choose up to three options and you get them.

By packaging certain things in one bundle and others in a different one, it led to a paradox of choice for them, and caused huge frustration for all really. Especially when the reneged on them.

@Buckeruckus they are meant to be looking into Plus/Premium at some point so who knows

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With the interest rates going up the 1.5% AER interest is no longer competitive and I think needs to be reviewed, especially when the instant access pot from Monzo offers 3.7% AER.

It hasn’t been for a long time. They are meant to be improving premium/plus offerings but we’ll see

@JIMMWX it is making me question the validity of keeping Premium, especially when looking around at what’s available elsewhere, the package has definitely stagnated.

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