moneysupermarket.com: Abbey packaged account

Commenting on the launch of Abbey's packaged account Kevin Mountford, head of current accounts at moneysupermarket.com, said: "Packaged accounts have rightly faced criticism on the basis that the benefits offered are often very generic; meaning the accounts are not always appropriate for the customers they are targeting, or even used by them.

"As we have seen over recent weeks, the likes of Alliance and Leicester and the Co-operative Bank have attempted to address this issue of ‘one solution fits all' by offering a more targeted suite of benefits and now Abbey are adding to the pack.

"If you are considering the Abbey Packaged account it's important to know exactly what you are buying and make sure you will benefit from the offer. People with children and those who travel will get the most value out of this account; however it is important to check the small print to guarantee you do actually receive value for money."

"If you are confident a Packaged account hits the mark for you, it could offer a viable solution saving time on the need to shop around and individually source the benefits"