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Santander: 123 Current Account (discontinued) reviews

Name: 123 Current Account (discontinued)
Rating: 4.19 (1250 reviews)

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4.17

Based on 1,250 reviews, last reviewed 15th Jul 2025

92% decrease 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

Current Account. Current Account. I have a 123 current account with Santander. It was very easy and quick to open i did it through the app/website. I could easily mana... Read more Reviewed on: 15th July 2025

Latest lowest rating:

2

Is that a bank for the elderly ? Strong impression that the bank have little time for customers . I approached my local branch 4 times since May 2025 for certificates of interest whic... Read more Reviewed on: 23rd June 2025

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About this product

The Santander 1|2|3 Current Account is no longer available to new customers.

Review Santander: 123 Current Account (discontinued) now

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Santander 123 Current Account (discontinued) reviews (1250)

Reliable and reasonable.

I opened a 123 account some time ago.I have always been pleased at how Santander have until recently offered a reasonable rate of interest. I like the regular paper statements. Reviewed on: 11th February 2018

Easy to use

Online banking and banking with mobile easy to use and troublefree. Still got a local branch to visit when needed. Staff are always helpful and friendly. Paying in cheques using my visa card means no more filling in bank giro credits. Pays me interest and commission which always outstrips the monthly charge - would have scored higher but the rewards were cut last year. Reviewed on: 11th February 2018

123 Account

Good interest rates with a small monthly fee Reviewed on: 11th February 2018

Savings & Banking in one.

This account is good if you have approximately £20000 in it, and use it for direct debits for bills. However, tax is payable on the interest, and with the monthly fee, it becomes an average account. Reviewed on: 11th February 2018

Great value interest

I find that the worthwhile interest rate offered on a current account means there is no need to keep swapping funds to and fro from a savings account, so my money is always earning the maximum interest available. Reviewed on: 11th February 2018

No problems here!

I have only had a positive experience with Santander and I've been with them since they took Alliance and Leicester over. I love the cash back on the 123 account and the online app is very easy to use. Reviewed on: 11th February 2018

Excellent product

I love the 123 Current Account as I benefit from excellent cashback for paying my bills Reviewed on: 11th February 2018

Great flexibility

Easy to set up and to manage. Straight forward systems and the online experience is very good, will all areas of banking covered so you can be independent. Reviewed on: 11th February 2018

Best interest rate on the market

Having a regular monthly interest in your account is great. Much better when it was 3% but that's brevity for you. Getting cash back off bills is excellent too Reviewed on: 11th February 2018

Add cash to your cash

Great account which rewards you for being a customer. Reviewed on: 11th February 2018

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