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Santander: 123 Current Account (discontinued) reviews

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4.16

Based on 1,265 reviews, last reviewed 26th Jan 2026

200% increase in 5 star reviews

in the past 90 days

200% increase in 1 star reviews

in the past 90 days

55%

27%

Latest highest rating:

5

Good interest rate for credit balances and is accept... Good interest rate for credit balances and is accepted abroad Reviewed on: 26th January 2026

Latest lowest rating:

2

Loved the 123 account why did it go? Had a 123 account loved it, then Santander changed it to basic, whilst trying to get me to upgrade to a edge account which would cost me money most mo... Read more Reviewed on: 25th January 2026

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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 (1265)

Great account

This is a great current account- much better than most of the savings accounts currently on the market. If you are able to put £20K in and receive the 3% interest, plus cashback for certain direct debits, even with the monthly charge it is a good earner. The money is available if you need it and is transferred immediately - no hanging around for a notice period. Have been delighted with it & would happily recommend it. Reviewed on: 24th December 2015

Good rewards and hassle free

This was quick to set up and easy to maintain. It's surprising how quickly the rewards build up on day to day bills and expenses. I am pleased with this account. Reviewed on: 24th December 2015

santander are some of the best bank ive been with

i use it almost every day to buy online and in person and ive never had a problem in it Reviewed on: 24th December 2015

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

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