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Santander: 123 Current Account (discontinued) reviews

Name: Santander 123 Current Account (discontinued)
Brand: Santander
Rating: 2.54 (196 reviews)

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4.17

Based on 1,250 reviews, last reviewed 15th Jul 2025

92% decrease in 5 star reviews

in the past 90 days

100% decrease in 1 star reviews

in the past 90 days

55%

27%

Latest highest rating:

5

Current Account. Current Account. I have a 123 current account with Santander. It was very easy and quick to open i did it through the app/website. I could easily mana... Read more Reviewed on: 15th July 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 (1250)

123 Account

I opened the account approx 5 years ago, purely for the interest rate at the time. That has been drastically cut, but it still pays out a healthy amount of cashback per month so for that reason alone it stands out amongst other current accounts, and I have to do nothing. Reviewed on: 13th January 2019

Quite Good but Interest Rates Have Dropped

I have a 123 account which pays a reasonable amount of interests on the full balance; though I remember the days when you received no interests on the balance in your current account. Online banking is easy to use via the Santander app but service in the branches can be a bit dismal; even on quiet days they only have one cashier available. I tend to avoid using the branches if at all possible for this reason. Reviewed on: 13th January 2019

123

Good benefits and great customer service Reviewed on: 13th January 2019

Interest

Pays the best interest on a current account up to £20000 invested Reviewed on: 13th January 2019

Can't complain

No issues and does at least pay interest Reviewed on: 13th January 2019

Money for notbinf

Since being with Santander 123 current account I have earned over £500 for using my account as I normally would Reviewed on: 13th January 2019

Good account

Nice to get a little back as you can set it up to get cash back on your council rates, gas , water and electricity which amount to more than the charges for the account Reviewed on: 13th January 2019

CURRENT ACCOUNT THAT PAYS

PAYS YOU TO BANK WITH THEM - WIN WIN! Reviewed on: 13th January 2019

Don't get a lot of interest but I think you can still get a railcard if you are a student.

I haven't got a lot to say but I have been with Santander for several years because I opened a student current account with them when I started uni. This has now matured into a graduate current account but I still have quite a long time to pay off my overdraft. I do wish there were more branches so you could pay in cash and cheques easily. You get retailer offers as well so you can get cashback in some shops and the account is free. Reviewed on: 13th January 2019

Great service

Found staff to be really helpful with my recent financial problems. Reviewed on: 13th January 2019

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