Example benefits you can get on a current account
Typically these accounts with extras or so-called value added current accounts might contain things like:
- insurance for devices like mobile phone
- cardholder protection
- interest free overdrafts
- better loan rates
- legal advice
- other discounts and so on
Now, the question is, why would you want one of these accounts?
Well they are good if for instance you want insurance on devices like a mobile phone, or you think it would be good to be able to get legal advice and so on.
The downside of course is that these premium extras come at a premium, namely, there is extra cost involved and you will usually have a monthly or annual fee for such an account whereas most accounts are free.
So like most things they are worth it if you are going to use them; but if you feel that you won't want any of the benefits then of course there is no point getting such an account just for the sake of it!
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