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Santander: 123 Current Account (discontinued) reviews

Name: 123 Current Account (discontinued)
Rating: 4.19 (1240 reviews)

View other Santander products

4.16

Based on 1,240 reviews, last reviewed 4th Mar 2025

600% increase 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

Very reliable and banking system Very reliable and banking system Reviewed on: 3rd March 2025

Latest lowest rating:

2

No longer worth it since benefits slashed No longer worth it since benefits slashed Reviewed on: 4th March 2025

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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 (1240)

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

Good rewards, but not as high interest as in the past

Good rewards and improved banking app, but not as high interest as in the past. Reviewed on: 8th November 2018

Good benefits

I like this current account as it rewards the client with rewards for the most mundane of payments. Reviewed on: 6th April 2023

Great interest rate

Not only do they pay great rates but you also receive cash back on household bills like Council Tax and utilities. Reviewed on: 6th April 2023

Good bank for direct debit payments

The 123 current account is good to pay direct debits. If some of your suppliers try to take their monthly bill money earlier, wich is most likely, Santander will notify you straight away and you have until 2p.m. to transfer the money in the account to make the payment. Reviewed on: 6th April 2023

Moneyback for simply spending

Had my 1,2, 3 account for few years now. my mortage is with Santander also which means I gain moneyback from this and direct debits. I can see both my mortage and account balance all in one place on the app which means my finances are easily accesible. Reviewed on: 5th April 2023

Santander 123 Lite Current A/C

You pay £2 monthly fee & you need to be a home owner to get the full benefit of cash back on your utility bills. You also get access to their ESAVER a/c that is easy access that currently pays 3.2%. Reviewed on: 5th April 2023

Its alright

It’s a current account… nothing to get excited about. Reviewed on: 5th April 2023

Not much value anymore

It used to be a profitable account year ago, but after a raise in monthly fee and fiddling with cashback rates not anymore Reviewed on: 5th April 2023

Poor treatment

SATANDER customer service destroyed my credit rating over a misunderstanding when closing my account. Numerous calls to customer service and credit control offices left my credit report reeling to this day. All despite having been a customer for 23 years! Never again. Reviewed on: 5th April 2023

Never had any issues

I like Santander, never banked with anyone else, but have never had any issues Reviewed on: 5th April 2023

Sounds good

I like sounds good thanks anyway Reviewed on: 5th April 2023

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