HSBC Premier Account... any good??

[oversteer]

I want it but don't strictly qualify.
I have both personal and business with HSBC so will they give it to me free anyway if I threaten to leave ?

[Mr.Whippy]

I want it but don't strictly qualify.
I have both personal and business with HSBC so will they give it to me free anyway if I threaten to leave ?

I reckon so, especially with personal and business accounts... The relationship managers can do quite a bit at their discretion.

[GB2408]

It depends how far away you are from qualifying. If it's a considerable amount then they won't do.

If you fall a bit under but they think you have the potential in coming years to exceed the qualifying criteria then they will use their own discretion.

[SimonMac]

I was with Lloyds and went through the Gold, Platinum, Premier etc etc "value added accounts" and to behonest I found the sum of all the benefits probably are worth paying the extra, however I never used all the benefits so could get the parts I wanted cheaper shopping around.

[Bexter]

Yep I've got this account too and it is well worth it! As others have said, just having the dedicated relationship manager is fantastic. Whenever I call up I can get through to someone immediately who understands what I'm saying and the generally do bend over backwards to help.

The travel insurance is very good too.

[Peoplesoft bloke]

Been Premier Customer for >8 years - very happy. It's always been free for me (big mortgage) - the free travel insurance is a good deal but by far the best @ present is my tiny mortgage rate - the rate is pinned just above BOE base rate :-)

If they wanted to charge me, it'd still be well worth paying (don't tell them).

They have better savings rates for some products too.

My CRM phones me once a year and I've had the same one for >5 years - even though I've never met her she's been very helpful.

Overall a good deal and enough to stop me being bothered to move banks.