A current account packed with benefits for only £17 per month.
Open a Platinum Account for £17 per month to take advantage of a range of useful benefits, such as travel insurance and mobile phone insurance, provided by third party suppliers. You can also earn interest on your credit balance by adding Vantage during the application.
Bear in mind that there are other accounts available to you that provide banking facilities without additional benefits, and which do not have a monthly account fee.
In addition to the benefits you get with our Classic Account, our Platinum Account comes with the following added value benefits for £17 a month:
Plus all the great benefits of our Classic Account:
Your cover is comprehensive, and includes:
£40 excess may apply.
Keep in mind the cover is provided whilst you are a United Kingdom resident and are registered with a medical practitioner in the United Kingdom.
If you’re abroad and you need assistance, you can call our 24-hour assistance helpline on +44 1633 815 819.
If you need to make a claim, all you need to do is call Platinum Membership Services on 0345 602 1222.
Your insurance, administered by Lifestyle Services Group Limited (LSG) and underwritten by Assurant General Insurance Limited, covers one phone for sole Platinum Account holders, and two phones for joint accounts.
Keep in mind unauthorised network charges are only covered in the event of a successful loss/theft claim.
Keep in mind you'll need to pay a contribution of £100 for Apple iPhones and £50 for all other handsets each time you make a successful claim (this is the excess).
Platinum Account customers automatically receive mobile phone insurance. However it’s recommended that you register your phone details with us as it may help simplify the process for any claims you might have to make in the future. Call Platinum Membership Services on 0345 602 0201 to provide your mobile phone details. Alternatively, log into Internet Banking, view your Platinum Account benefits and then select Mobile Phone Insurance.
Card Loss Assistance is provided by Citymain Administrators Ltd. Registered in England and Wales company number 03979666. Registered office: Enterprise House, Isambard Brunel Road, Portsmouth, PO1 2RX.
Keep in mind no insurance cover is included with this service which means it does not provide any cover for any financial loss incurred due to the loss or theft of cards.
We recommend you register your cards with Card Loss Assitance. Call Platinum Membership Services on 0345 602 1222.
We use a range of third party insurance providers for the Platinum Account benefits (conditions and exclusions apply). For further details please see the full policy documents.
The Platinum account offers a £300 fee-free overdraft (subject to application and approval). This means that you won’t pay a daily planned overdraft fee if you stay within this amount.
Find out more detailed information on overdrafts such as fees, charges and managing your overdraft limit.
If you use a Planned Overdraft of £1,200 on your Platinum Account, then we’ll charge you a daily overdraft fee of £1.28. For Platinum Accounts, the daily overdraft fee on the first £300 is 0p.
Vantage is our free add-on for current accounts that pays you 2% AERCloseAnnual Equivalent RateThis illustrates what the interest rate would be if interest was paid and compounded once each year. This allows you to compare more easily what return you can expect over time. (1.98% grossCloseGrossGross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HMRC.) variable on balances of £1 - £5,000. Interest is paid monthly. Bear in mind that you won’t earn interest on any amounts over £5,000.
To qualify, each calendar month simply pay at least £1,000 into your account, stay in credit (above £0) during the monthly billing period, and pay at least two different Direct Debits from your account.
If in any month you don’t meet these criteria, you won’t earn any interest but you won’t be charged for having Vantage.
Visit the Vantage page for more information.