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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):

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

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

trustworthy

No problems, any queries answered quickly and always friendly. Great bank! Reviewed on: 11th February 2018

Good

Good for savings and interest. Was much better before they slashed the interest rate in half though! Reviewed on: 10th February 2018

just okay

they aren't that good when you actually need their help! Reviewed on: 10th February 2018

Best of a bad bunch

I receive interest on my account, and they still have branches unlike my other bank Reviewed on: 10th February 2018

Absolutely Amazing

I will never change banks if my experience is like anything it has been previously. Never ONCE had a problem with Santander and they're a very helpful company. I feel extremely safe and secure with this bank, due to constant fraud checks and heavy security on online banking. They are trustworthy, which is a vital quality for any company to have. Amazing. Reviewed on: 10th February 2018

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