Write a review

Go to business site

Santander: 123 Current Account (discontinued) reviews

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

View other Santander products

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

Read all reviews See your review

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):

Good money maker

I switched to Santander bank after having a bad experience with Lloyds a year ago. The nice lady in Santander introduced me to 123 current account and worked out for me ,taking into account my salary, savings, spending, whether this account is suitable for me. She want pushy or manipulative and left the decision to me. When I switched the bank moved all my bills and standing orders to my new accound and the money that had been sitting in my saving account making almost no profit. Over the last year I made around 200 pounds by having the money in my 123 Current account instead of keeping it in my old Saving account. Even with the fee increase from 2 to 5 pounds its still worth staying with them if you have over 10000 pounds in savings. Reviewed on: 24th December 2015

Best bank!

Been with this bank since I Fiat had a bank when I was 13 so for about 6/7 years now. Only thing I could fault is the savings account-I was putting away £200 a month at 5% until the last month when it dropped down to 2.5% which was very misleading and I only received 2.5% not the 5% which I signed up for. Other than that issue that was all! Reviewed on: 16th January 2020

Great value account

Santander 123 account has helped me to earn interest on my money and cashback on my utility bills. This helps me to save for treats for my family. Reviewed on: 10th January 2020

earn good interest

have learnt 1.5% on uptown £20000 Reviewed on: 10th January 2020

Good for first year

Good interest rates on the first year and cashback is good, especially if you have a Santander mortgage! Reviewed on: 9th January 2020

Great

Great customer service. Had absolutely no problems with the account. Reviewed on: 7th January 2020

123 Lite Account has great benefits

My 123 Lite account has great cashback benefits for only £1 a month and you also get retailer rewards I recently got £40 from SKy Mobile. Reviewed on: 6th January 2020

Easy banking.

A nice, easy bank account that allows you to earn money on your bills. Reviewed on: 4th January 2020

good honest old fashioned

very good service--without being flash Reviewed on: 2nd January 2020

account worth it

make a net gain monthly as reward greater than cost Reviewed on: 31st December 2019

always understanding and friendly

if the line is long. they always reassure everyone and try to deal with everyone as quickly as possible Reviewed on: 30th December 2019

Do you have a different Santander product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Are you a business? Get insights, reply to reviews, invite customers and understand their needs

Alternative products

Current Account
from Allied Irish Bank - AIB 2.49 from 16 reviews
Cash Card Account
from Barclays 4.51 from 141 reviews
Current account
from Card One Money 3.13 from 4 reviews

Want to see more from Santander?

Life Insurance
from Santander 5.00 from 2 reviews
Zero Credit Card
from Santander 4.16 from 20 reviews
Basic current account
from Santander 4.06 from 318 reviews

View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub