Best bank accounts UK: Top 12 packaged bank accounts with best value for money

It surpasses Nationwide’s travel coverage, as there’s no excess to pay on claims, however, it limits breakdown cover to five years on The Co-operative Bank’s RAC policy and only allows two claims a year for one mobile phone per account holder up to a value of £1,500.

Nationwide, on the other hand, imposes no limit on the number of call-outs you can make on its AA cover and allows up to four claims a year for phones owned by you or your family up to a value of £2,000 per claim.

3. HSBC Select and Cover – 71 percent overall account score

HSBC Select and Cover packaged account places third with an overall account score of 71 percent, according to Which?

Unlike a traditional packaged account, this account allows you to buy “add-on” policies to your existing account for a monthly fee depending on how many you add.

You can pick and mix three insurance policies for £19.50 a month, or up to seven for £45.50 a month and when comparing its policy for travel, mobile, and breakdowns, coverage placed it third in the table for value for money.

4. Barclays Travel Pack and Tech Lite – 67 percent overall account score

Barclays Travel Pack and Tech Lite package completed Which?’s top four out of the 12 packaged accounts analysed.

Like HSBC, these features work as “add-ons” to an existing Barclays account and you can mix and match from a range of options.

You can choose from the Travel Pack at £12.50 a month or the Travel Plus Pack for £18 a month to include both travel insurance and breakdown cover.
A Tech Pack is also on offer for £14.50 a month, or you can nab the Tech Pack Lite for £9 a month for mobile phone and gadget cover.