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- Santander 123 The Santander 123 current account is no longer available to new customers, but if you’ve already got one it’ll still earn you money back on your bills. The 123 pays more cashback on some bills than the Edge, and you can earn money on Santander mortgages too. However, it comes with a higher fee and lower interest rates.
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Does Santander have a 123 account?
What happened to Santander 123 accounts?
Are Santander's 123 & Select accounts still open?
How does Santander 123 work?
Are Santander 123 & Select accounts being removed from sale?
Does Santander have a new current account?
You’ll earn interest on your entire balance up to £20,000. We work out the interest on your daily balance and pay the interest every month. We’ll pay this interest into your current account on the same day each month. This is usually on the date you opened or transferred your account.
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Jun 20, 2023 · Santander has today announced it has withdrawn 123 current accounts from sale. Upon launch in 2012, the 123 account became one of the most popular current accounts, having for years paid 3 per...
Jun 20, 2023 · The banking giant has today launched the Santander Edge Up current account, offering customers the chance to earn £100 a month in cashback and interest as it closes its flagship 1|2|3 product.
Jun 20, 2023 · Santander's 123, Select, and Private current accounts will no longer be open to new customers from today (20 June), but existing account holders can transfer to an Edge Up account if they wish, without having to change their details including their account number and sort code.
We don’t pay interest on money in your account if you have one of the following accounts: Zero Current Account, Further Education Account, Basic Cash, Basic Banking, Basic with top-up debit card, 1I2I3 Lite Current Account or Instant Plus Account.
From September 2022, Santander’s 1|2|3 Current Account is doubling the cashback it pays on energy bills to 4% for the first two months up to a £10 a month cap.
Santander Edge vs Edge Up vs 123 review: cashback current accounts compared. Written by Andy Webb. Which account will earn you the most money back on your bills? There are lots of good reasons to change your bank, including cash bonuses, high interest, fee-free travel money and low-cost overdrafts.