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Santander: 123 Current Account (discontinued) reviews

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4.17

Based on 1,252 reviews, last reviewed 5th Sep 2025

100% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

55%

27%

Latest highest rating:

5

Santander Good app. Easy to set up and use with minimal fuss. Everything seems straightforward Reviewed on: 5th September 2025

Latest lowest rating:

2

Is that a bank for the elderly ? Strong impression that the bank have little time for customers . I approached my local branch 4 times since May 2025 for certificates of interest whic... Read more Reviewed on: 23rd June 2025

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About this product

The Santander 1|2|3 Current Account is no longer available to new customers.

Review Santander: 123 Current Account (discontinued) now

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Santander 123 Current Account (discontinued) reviews (1252)

pays great interest on up to £20,000

pays great interest on up to £20,000, the £5 fee is almost negated by the cash back I get on some bills. Can't be beaten at the moment. Reviewed on: 22nd April 2016

Fantastic

Love using the 123 current account, great that you can get cashback on your everyday bills that you would be paying for anyway! Also good if you combine with the 123 credit card, as you can get cashback on your everyday purchases! Reviewed on: 21st April 2016

Great company and great deals.

Would definitely recommend as great deals and great customer service. Reviewed on: 21st April 2016

Best interest rate for a current account

I love using my santander account, as you get cashback on normal day to day bills. Also, the fact that the interest rate is better than most savings or ISA accounts, especially if you save more. You never have to move your money to get the best rate around. Okay, there is a £5 fee but this is outweighed by the cashback you get. Just got £3 back for shopping with Morrisons last week! Reviewed on: 21st April 2016

Great interest rate

It took me a while to sort out the direct debits as you need to have 2 before you start getting interest but the lady at the bank was incredibly helpful and I'm now getting a lot of interest on this account. Reviewed on: 21st April 2016

Read Carefully

I have had the Santander 123 Current account for several years.It originally cost £2 a month and with direct debuts going out on certain bills I managed to make about £5 so £3 in profit.Santander have now increased the monthly fee to £5 no change in services to warrant this and not a great deal of notice to be able to arrange another account for wages and bills to go in and out off.Just think of all the money they are making for doing exactly the same job Reviewed on: 28th March 2016

Updating records

Had to update some details that (for security reasons) Santander won't let you do online. Rang helpline & dealt with in 5 mins - great telephone service. Reviewed on: 28th March 2016

Opening an account

Easy to do online - less than 15 mins to open, transfer funds in, and switch direct debits. Reviewed on: 28th March 2016

reliable

one of the best current accounts for paying interest. Even though the monthly fee has gone up, I still wouldnt change as I feel it gives good value and the customer service has always been good Reviewed on: 28th March 2016

Quick and easy to change to them

I decided to swap to Santander as my old bank wasn't work with me. Made an appointment went to see them, quick and easy to fill paperwork out with and I was worried about all my direct debits but they wrote them down signed the paperwork and within 2 day my information was coming through with new account numbers and dates of change over. All dates were met with all direct debits in the right place at the right time - quick and easy to use so highly recommend Reviewed on: 28th March 2016

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