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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)

Excellent account with good service

The 123 Santander account is simple to use and outlines monthly interest accrued clearly. The monthly fee will be rising to £5 a month, and so it will only be viable for you if you have >£8-10k. Interest rate is still market-leading. Highly recommend. Reviewed on: 24th December 2015

helpful great account

Going into local branch which has been revamped, lots of new machines to use and make things quicker than queuing up. The staff were very helpful explaining how to use the new machines, great service Reviewed on: 24th December 2015

Great for interest

great account for interest and the extra cashback on certain direct debit payments. Staff always helpful in branch. Shame the monthly fee is increasing Reviewed on: 24th December 2015

123 overall experience

This account and credit card combo is Very Good for a driver as i rack up cashback on petrol and it has a Good interest rate if you hold large sums in your current Account. The Fees are rising But that was to be expected. Reviewed on: 24th December 2015

Not as good as it used to be

one of the best current accounts on the market which pays a decent interest rate on a large amount. However not as good as it was as the monthly fee will now be increasing Reviewed on: 24th December 2015

Great Cashback!

I upgraded to the 123 account 8 months ago when I got a santander mortgage, I get £60 a month cashback, and the phone app is great for transfers etc. Great account and even though the monthly fee is going up from £2 to £5 it still works out great for me. Reviewed on: 24th December 2015

Reliable banking service no messing about

I've been banking with Santander for over three years now and have to say I'm completely happy with the service I've received. In this time there have been no hiccups or anything I've had to bring to their attention as not quite right. Banking is simple, straightforward and they don't even charge to send paper statements which is refreshing. I may shop around for a better deal in future but for the time being I am happy to stay loyal to Santander and continue to receive good service. Reviewed on: 24th December 2015

Great service!

If your looking for a current bank account, the Santander 1,2,3 current account is definitely a great one. The account gives a real competitive interest rate and rewards you for saving more. It also provides cash back on household bills. Their app is fantastically easy to use and you can link it to your other Santander accounts and if you prefer more traditional banking methods you can also request a cheque book and paper copies of statements. Reviewed on: 24th December 2015

Worthwhile account

I find that the Santander 123 current account is the best account out there at the moment to keep day to day money and any extra savings. The 3% interest on amounts of £3000 to £20000 is value and to get this rate you only need to fund the account with £500 per month and set up 2 direct debits. there is a monthly fee of £5 but with the extra cashback when setting up direct debits for household bills, this is easlily worthwhile. It is easy to manage online and seems a winner to me! Reviewed on: 24th December 2015

If you have £20K in an account this is the best interest paying account at 3%

If you have 20k in an account this pays £50 a month to non tax payers and around £40 per month to standard tax payers for a monthly fee of £2 ( going to £5 in Jan) with the added return of 3% on media bills etc . easy to use and available online as well Reviewed on: 24th December 2015

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