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One million Natwest/RBS customers face monthly price hike for packaged current accounts
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One million Natwest/RBS customers face monthly price hike for packaged current accounts
More than one million customers with RBS and NatWest will soon be forced to pay up to £2 extra a month for their packaged current accounts. From January 17, customers with the bank’s Black account must pay £26 a month for their deals. Those with the bank’s Platinum account will have to fork out £1 more, totalling £16 a month.RBS Black account offers worldwide travel insurance and access to airport lounges. The Platinum account includes travel and phone insurance and UK breakdown cover. So-called packaged accounts have been widely sold by banks over the past decade. They include extras such as gadget insurance or breakdown cover for a fee, ranging from £6 to £26 a month. NatWest/RBS says the price rise is to pay for improved breakdown cover for Platinum customers and to cover the cost of running the Black account......Read more hereTags: None
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