Motley Fool: Don’t Be Mugged By Your Bank!

According to a report from uSwitch, we Brits are wasting hundreds of millions of pounds every year, thanks to packaged current accounts.

These current accounts charge a monthly fee in return for a package of ‘free’ additional services of dubious value, such as travel insurance, car breakdown cover, free card protection, etc. Note the ingenious use of the word ‘free’ to mean ‘paid for’, because you really do pay over the odds for these services!…

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