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RParr

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Review of the Santander, 123 Current Account (discontinued):
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Opening and operating the account is easy

4
The Santander 1-2-3 account is easy to use and very easy to set up. All you need is at least £500 per month going into the account (which could be your wages or just a transfer from another bank) and set up and operate two direct debits from the account. With online banking doing most things are really easy, and if you are stuck you can always phone them for help. You will be charged a £2 fee each month but in return you get a 3% interest rate on up to £20,000 which beats most easy access savings accounts easily. You also get cash back on some types of household bills such as council tax so the £2 fee can be offset but a much larger payment back. I have read reviews that suggest that the service form Santander is bad, but I have not found that. Reviewed on: 20th April 2015

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