Which? Advice No advertising, no bias, no hidden agenda
Do I need a packaged bank account?

Do I need a packaged bank account?

  • How much packaged current accounts cost, and what you get for your money
  • Examples of the best and the worst types of discounts and perks on offer from packaged bank accounts
  • Details of packaged accounts available in the UK and which ones could offer value for money

What's in this guide

How packaged current accounts work

What exactly do packaged bank accounts give you for your money?

Are packaged bank accounts value for money?

'Free' insurance may sound great, but you are likely to find it cheaper elsewhere

Interest rates on packaged bank accounts

The credit, savings and mortgage interest rates with packaged accounts may not be worthwhile

Which? verdict on packaged bank accounts

Which? gets to the bottom of packaged bank accounts and whether they're worth considering

How packaged bank accounts compare

Details of packaged accounts available in the UK, including how much they cost and what they offer