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Review of the Santander, 123 Current Account (discontinued):

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Best interest rate available, but now fees are doubled

The 3% interest rate on my Santander123 current account has been the best thing about this packaged current account, and has encouraged me to move my savings here. However, the fee is now rising from £2 a month to £5 a month, which is disappointing and represents less value for money. It also provokes a negative feeling from the customer to the bank, as it feels like an unfair increase. Reviewed on: 13th January 2016

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