Bank of Scotland

Bank of Scotland was founded in 1965 and is the second oldest bank in Great Britain. Today, Bank of Scotland is part of Lloyds Banking Group set up in 2009. The Bank offers a wide variety of accounts, including packaged bank accounts, which provide additional benefits for a monthly fee.

Packaged bank accounts in the Bank of Scotland mainly include mobile phone insurance, breakdown cover and insurance for travelling across Europe. Some of them provide 24 hour emergency service and worldwide travel insurance for the account holder.

Monthly account fees range from £9.95 to £25. Some people, however, may have been miss sold these services without proper insight into what the benefits are or whether they, in fact, are eligible for the insurance policies.