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The Guardian - UK
The Guardian - UK
Business
Shane Hickey

Do packaged bank accounts deliver value for money?

Illustration of a hand holding a bank card emerging from a gift box surrounded by images of mobile phones, traffic cones and aircraft
It’s wise to check that the perks you get with your account are value for money. Composite: Observer Design

Consumers with packaged bank accounts are being urged to scrutinise how much they pay for the benefits they receive after another leading provider increased its fees.

Nationwide has become the latest big name to announce it was upping the cost, in this case by almost 40% – prompting calls for users to ensure they are getting the best value for their money.

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