Being put first

One of the staff reports that his uncle has received an offer from the Nationwide (on your side) of a bank account, for which he will have the privilege of paying £10/month. For his £120/year, he will get UK and European breakdown cover (he doesn’t have a car), and worldwide mobile phone and family travel insurance (he doesn’t have a passport). He’ll also be able to earn £74/year interest if he has a credit balance of at least £2,500, but nothing on anything in excess of £2,500. And commission-free access to ATMs abroad (he doesn’t have a passport). All for £10/month. To my amazement, Uncle Bob seems able to resist this opportunity to give money to the Nationwide.