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Santander: 123 Current Account (discontinued) reviews

Name: 123 Current Account (discontinued)
Rating: 4.15 (1265 reviews)

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4.15

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

600% 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.

Santander 123 Current Account (discontinued) reviews (1265)

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

Fantastic

Love using the 123 current account, great that you can get cashback on your everyday bills that you would be paying for anyway! Also good if you combine with the 123 credit card, as you can get cashback on your everyday purchases! Reviewed on: 21st April 2016

An easy-going bank with a pleasant atmosphere

Getting a current account set-up with the bank is a simple process, and when I joined the bank last year I was supported from the beginning right through to when I received my card. Santander has an overall beautiful atmosphere, particularly the site in Lewisham, and in comparison to the Barclays branch just moments away, it is like a peaceful paradise where you are served swiftly and there is none of the confused meandering around. However it would be very helpful if Santander could make it possible to sign up for online banking on their website, rather than just in a branch. Reviewed on: 19th February 2016

still worth it

the 123 current account has received a lot of bad press recently. Yes, Santander have bumped up the monthly fee. Yes, that negates some of the earnings you will receive making it less value and that wasn't a nice thing to do. However, the account is still exceptional value. The cashback. The interest on up to 20k. The rewards. It all still adds up to a great account that will make you money in rewards rather than lose you money due to the fee. While it wasn't nice to know that some of my earnings will be reducced, i understand the reasoning and am perfectly content to stick with this excellent account. Do your own research, don't believe everything you read and if you do, you could still be quids in. Reviewed on: 19th February 2016

Always impressed

I have several accounts, isas, business accounts with Santander and always get great service Reviewed on: 18th February 2016

No interest last month

Bit annoyed as I didn't get any interest last month as 2 of my direct debits cancelled themslves, leaving me with only one on the account, so lost out. Reviewed on: 18th February 2016

great products and service

I've been banking with santander for a number of years, the products and service they provide are fantastic compared to other banks I've had dealings with and any issues they resolve them in a timely manner. Reviewed on: 18th February 2016

Good bank account shame they hiked the charges.

Great account and customer services, just a shame they hiked the charges so quickly, i had only swapped over to them for 2 months before they started talking about raising the account rates. Wish i would have known before really. Reviewed on: 18th February 2016

Generally an okay account.

The 123 Account has been a good experience however the £2 per month fee has increased by £3 to £5 per month. This is an increase of 150% which seems a little excessive. Only time will tell if it is time to move on to another bank! Reviewed on: 18th February 2016

The friendly bank

I love my bank they are always there to help, friendly staff. And they advise you on get the best from your money. Reviewed on: 18th February 2016

Excellent customer service and good interest rate

I have had an account here for many years but was advised to change to their 123 account. I was disappointed to hear of the recent account fee rise but it still pays for us to remain with the account. I have always found the staff to be very helpful either in branch or via other methods of contact. Reviewed on: 18th February 2016

I cannot recommend enough !

I had been with a rival bank for my entire adult life - I only knew how one bank worked ! I changed to Santander about 8 months ago and I am so impressed ! The baking is so user friendly - they have so many security features that I find useful - they tell you when you last logged in and what you looked at so you will be able to see instantly if someone may have accessed your account - when you use the cashpoint you can have a receipt emailed to you - the customer service is excellent - add to this that you receive interest and cashback on your bills - it cannot be beaten ! Reviewed on: 18th February 2016

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