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Santander 123 Current Account Reviews

Ratings based on 818 reviews Last review 1 month ago

Santander 123 Current Account reviews come from people like you! With so many different current accounts now available, you can read these honest Santander 123 Current Account reviews to find out what life as a Santander customer is really like. And...

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Santander 123 Current Account reviews come from people like you! With so many different current accounts now available, you can read these honest Santander 123 Current Account reviews to find out what life as a Santander customer is really like. And remember, if you are a Santander customer, you can write a short review here to help other potential customers. Smart Money People is the UK's leading financial services review site and dedicated to being an independent and honest source of Santander 123 Current Account reviews. Together, we can make financial services work better for everyone.

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Your 123 Current Account Reviews (818)

18th March 2020

Best UK Bank Account

I have been with Santander 123 current account 3 years now I think it is one of the best bank accounts on the high street it you get paid 1% from April Upton £20,000 in your current account and you get 1% back on water and council tax up to £5 and 2% o...

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I have been with Santander 123 current account 3 years now I think it is one of the best bank accounts on the high street it you get paid 1% from April Upton £20,000 in your current account and you get 1% back on water and council tax up to £5 and 2% on gas and electricity up to £5 and mobile phones network and broadband TV packages up to £5 cash back on all 3 so that's £15 you could get back and money on you current account as well you pay you pay £5 a month that's fine with me some months I get £21.39 the highs I have got back on cashback was £29.79 and you can get cashback on special offers on the account on shopping you need to activated Upto 15% on lots on shops so that's a lot of money they have never let me know and I love this as you get a lot of cashbacks from Santander

25th February 2020

Moved All My Money Elsewhere

Used to be a good bank, but then it reduced its 123 account from 3% to 1.5%, and it's going to reduce the rate again later this year to 1%. The fact that Santander must pay Ant & Dec millions to advertise for them irritates me even more. Ditch Ant &...

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Used to be a good bank, but then it reduced its 123 account from 3% to 1.5%, and it's going to reduce the rate again later this year to 1%. The fact that Santander must pay Ant & Dec millions to advertise for them irritates me even more. Ditch Ant & Dec - they don't make anyone want to be with a bank - the opposite in fact - very annoying! All the majority of customers are bothered about are interest rates and benefits, not pointless celebrities acting stupid in adverts!!!

9th February 2020

always had good service but disappointed by recent interest rate reductions

I have been with Santander for over 20 years and have always valued this bank for it's level of service and for the interest paid on balances Also for the cashback earnings on regular bills. Recently however they have announced an interest rate cut...

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I have been with Santander for over 20 years and have always valued this bank for it's level of service and for the interest paid on balances Also for the cashback earnings on regular bills. Recently however they have announced an interest rate cut which makes them one of the poorest paying banks in the UK.

9th February 2020

Drop in interest rates

Santander are about to drop the interest rates from 1.5 to 1.00 meaning thousands and thousands of people will change bank accounts in the next few weeks.How can a bank afford to lose so many customers over a measly .5%

9th February 2020

Fraud prevention gives peace of mind

I have held both a business and a 123 current account for years with Santander. Their security systems are very impressive. On a couple of occasions, having made expensive purchases on my card, they have called me before processing the payment to...

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I have held both a business and a 123 current account for years with Santander. Their security systems are very impressive. On a couple of occasions, having made expensive purchases on my card, they have called me before processing the payment to ensure that it was me and not fraudulent use of my card

8th February 2020

Brilliant!!!

In the period of over 20 years (my entire working life so far) I have used different banks for different products. Savings, Mortgage, Current account etc....

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In the period of over 20 years (my entire working life so far) I have used different banks for different products. Savings, Mortgage, Current account etc.
In my opinion, Santander are the best. In terms of keeping the customer happy, constant friendly communication with the customer and also fraud prevention.
Im not going to slate my previous banks , in fact some have been very good, its just for the full customer package Santander have been the best.

8th February 2020

123

The 123 when it first started out was an excellent account but now that the interest rate has been reduced to next to nothing I would be as well transferring most of the money I have in it to a ISA Stocks and Shares Investment Trust. If I do that it...

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The 123 when it first started out was an excellent account but now that the interest rate has been reduced to next to nothing I would be as well transferring most of the money I have in it to a ISA Stocks and Shares Investment Trust. If I do that it will bring my investment interest back up to just over what it was when this account first opened.

8th February 2020

was good but now not worth it

I opened this account back in March 2014 when it was paying 3% interest. The bank base rate then was 0.5% It is now 0.75% but Santander are cutting their rate in May 2020 to 1% They might review that when there are many account closures!

7th February 2020

Good rate but decreasing

It costs to have the account but the interest (on a max of £20,000) is going down. However, it is still better than other accounts and if one has the money both husband and wife can have an account.

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