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Santander: 123 Current Account (discontinued) reviews

Name: 123 Current Account (discontinued)
Rating: 4.16 (1265 reviews)

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4.16

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

200% 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

Now rubbish

Got an account when paying a decent interest on money now upped the fees and down the interest , so moved to another bank. Reviewed on: 3rd February 2020

Bait and switch

Lures you in with a flashy reward scheme and a high interest rate, and then have progressively "amended" their terms and conditions to reduce the interest rate, remove rewards, cap benefits and overall make the account totally pointless. As of today the account has a £5 monthly fee, and the total 1|2|3 benefits are now capped at £5!! So what's the point? Shameful... Reviewed on: 1st February 2020

Refused a credit card had to get elsewhere

Won’t stay here faceless !! No one listened to my issue Reviewed on: 31st January 2020

Great app

I have been with Santander since Alliance and Leicester days. Very happy so far. Reviewed on: 31st January 2020

Once was great

The 123 account used to be great if you had money to save. However, from next month they're reducing their interest rate further to 1% and capping the cashback you can get. With an account fee of £5 a month, I'm not really sure it's really that great anymore. Reviewed on: 29th January 2020

Always Helpful

Never oversell, never over promise and I like their adverts! Reviewed on: 29th January 2020

Great

Good cash back and interest and customer service Reviewed on: 28th January 2020

Excellent Bank

Never has a problem, cashback on current account balance is excellent. Reviewed on: 28th January 2020

Debt handling

The Mobile app and web version shows me the pending transactions due from my bank account. I am finding this really helpful in getting myself out of the debt. And more so avoiding bank charges that I may aquire. So I can raise funds to stop the charges commencing into my debts. 10/10 for there services for me, struggling like many others in getting out of the dreaded debt which most of us are in. Reviewed on: 28th January 2020

Excellent rewards and fantastic customer service.

Good cash back scheme to earn a little money back. Customer service is spot on, always very helpful. I would definitely recommend Santander to everyone. Reviewed on: 28th January 2020

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