The best packaged bank accounts

Santander Edge Explorer

Fee: £17 a month (equates to £204/year)

What you get: Worldwide family travel insurance cover, 24/7 GP remote access, UK and Europe car breakdown cover, family mobile phone insurance (excess £135), and fee-free spending abroad.

Pros:

Get £180 by switching your bank account to Santander Edge Explorer. New and existing Santander customers can potentially also get a £150 hotel voucher. Travel insurance includes winter sports. Earn 1% cashback on selected household bills paid by Direct Debit (up to £10 per month), and 1% cashback on supermarket and travel costs (up to £10 per month). Earn 8% with Santander’s market-leading regular savings account.

Cons:

Family travel insurance only for those under age 75.

Nationwide FlexPlus

Fee: £18 a month (equates to £216 per year)

What you get: Worldwide family travel and mobile phone insurance (excess £100), UK & European breakdown cover, fee-free spending overseas, £50 interest-free on arranged overdraft.

Pros:

Switching bonus worth £175, which effectively covers nine months of fees. Get access to Nationwide member-only products and boost eligibility chances for £100 Fairer Share bonus. Worldwide family travel insurance includes most winter sports, and there is no upper limit of age restrictions. Phone insurance covers four claims per year up to £2,000 per claim.

Cons:

There is a 39.9% APR on overdrafts.

The Co-op Bank Everyday Extra

Fee: £12 a month (equates to £144/year)

What you get: Mobile phone cover (£75 excess per claim), worldwide family travel insurance, and UK and European breakdown cover, no currency conversion fees on debit card payments abroad.

Pros:

Travel insurance up to the age of 79 (different age rules for winter sports coverage), includes winter sports, roadside assistance, up to three days' car hire in case repairs are needed, and electric vehicle cover.

Cons:

The age limit for winter sports coverage drops to 64 years. No family mobile phone insurance. Overdraft charges of 35.9% (variable).

Virgin Money Club M

Fee: £14 a month (equates to £168/year)

What you get: Worldwide family multi-trip travel insurance, worldwide family mobile and gadget insurance (excess £125), and UK and Europe breakdown cover.

Pros:

Mobile phone and gadget insurance for up to £2,000 and four claims a year. Travel insurance covers winter sports, weddings and golf cover, plus a 24-hour emergency assistance helpline and a concierge service for reservations or transfers. Earn 1% interest on balances up to £1,000, 1.75% AER on the linked Club M Saver account for balances up to £25,000.

Cons:

N/A

Halifax Ultimate Reward

Fee: £19 a month (equates to £228/year)

What you get: Mobile phone insurance (£100 excess), worldwide family travel insurance, UK breakdown cover, home emergency cover (up to £250 per claim), and no fees abroad.

Pros: Travel insurance covers winter sports and golf, roadside assistance, and family multi-trip cover (up to age 71). Up to 15% cashback, get exclusive savings and mortgage rates, and improved travel money rates.

Cons: No family phone insurance cover and limited to two claims per year. Home emergency cover is not available if your home was unoccupied for over 60 days.

Club Lloyds Silver Account

Fee: £11.5 a month (equates to £138/year)

What you get: UK roadside breakdown family cover, multi-trip European and UK family insurance, worldwide mobile phone insurance (excess £125), fee-free spending abroad and preferential exchange rates.

Pros:

Travel insurance includes certain winter sports. Get up to 15% cashback at select retailers. With a Club Lloyds account, you get to choose from the following lifestyle rewards: a free 12-month Disney Plus subscription, six cinema tickets, an annual digital Coffee Club or Gourmet Society membership or an annual magazine subscription.

Cons:

There is also a £5 monthly fee for Club Lloyds, but this is waived if you pay at least £2,000 per month into your account. The family travel insurance is only eligible in the UK and Europe and covers those aged 65 or under. No more than two successful mobile phone insurance claims per account holder per year. No gadget insurance.

Chase Protect

Fee: £12.5 a month (equates to £150/year)

What you get: Worldwide multi-trip travel insurance for family (£50 excess), mobile phone insurance (£50 to £100 excess), breakdown cover

Pros:

Family travel insurance cover up to age 70, up to four approved mobile phone claims in a 12-month period, breakdown cover includes cars, motorcycles, some vans and electric or hybrid vehicles. Access to Chase savings products and earn 1% cashback on eligible supermarket or transport spend (up to £15 per month).

Cons:

Doesn’t cover mobile phones costing over £2,000, no home breakdown cover or commercial vehicles. You need to have a Chase current account to be eligible and add Protect to your account.

HSBC Premier

Fee: No fee but only open to high earners

What you get: Worldwide family travel insurance, online health services, digital GP appointments, mental health support.

Pros:

No monthly account fee, up to $2,000 in emergency cash, 24/7 global telephone support.

Cons: For high earners only. You need to have an annual income of £100,000 or the same amount in savings or investments with HSBC. Alternatively, you need to qualify for HSBC Premier in another country to be eligible. The maximum age for travel insurance is 69.