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Old 25-06-2009, 19:11   #7
Bob Dobson
Senior Member+
 

Re: would you pay for Banking services?

I present another aspect. My wife & I have a joint account with Alliance & Leicester. It is only for over-50s. I pay £10 a month for using it and keep very little in it. However, it gives both of us free travel insurance world-wide. For me to have to buy that would cost a lot more than £120 a year. I was paying more than £120 before I took this account on. There are also some other benefits, but I have forgotten what they are - perhaps credit card protection is one of them. Another is a free ( 1 per year) private medical examination. How much would that cost? The insurance will last until we reach 79yrs of age. Most travel insurance only covers up to 70yrs of age before you pay very high premiums. It is certainly worth looking at.
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