Reply To: Barclays Premier Banking – now available to all (for a fee)

[Luca M]

Again, I think you still have to qualify with either £75k gross salary/earning or £50k saving invested with Barclays.

The new “rules” simply state that if you then do not pay a minimum amount (as described), they will charge you, but the T&C to qualify for the Premier Account has not changed.

Premier life was a packaged account and you were paying to get some service/functionality..

With the current Premier account you are only supposedly get a faster customer service response, access to better rates mortgages and loans, and the possibility to withdraw at the ATM up to £2k now, I do not think this is enough to warrant a fee.

HDBC in contrast throws is a quite comprensive Travel Insurance for the whole family, and there is no charge for the account at all.