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Santander: 123 Current Account (discontinued) reviews

Name: 123 Current Account (discontinued)
Rating: 4.19 (1248 reviews)

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4.17

Based on 1,248 reviews, last reviewed 23rd Jun 2025

91% decrease in 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

55%

27%

Latest highest rating:

5

123 current account was reliable with good cashback I had a 123 current account with santander, and liked the cashback. The app is fairly easy to navigate but it can be tricky sometimes to access the bu... Read more Reviewed on: 18th April 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 (1248)

Cashback on utilities plus longer opening hours

Santander is open for much longer hours than other banks and offers cashback on utilities and interest for money you put in there, up to 3000. They also offer a great online banking service too. Reviewed on: 30th March 2017

Multiple accounts

We already had a joint Santander 123 current account making a decent amount of interest and cashbacks, but we then realised that I could take out another account on my own, making even more interest! Reviewed on: 30th March 2017

Junior 123 Account

A great trust account for kids under 16. Fantastic tax free interest with a £2000 limit. See the money build on each monthly statement. Reviewed on: 29th March 2017

Current account interest

I have been with Santander for a few years now since they started offering their 123 current account. I have earned so much interest over my time with them and continue to even though they recently reduced the interest rate. It also gives cashback for bills that you pay by direct debit. Best current account out there for savers with over £3,000. Reviewed on: 18th March 2017

Great service for 20 years

Great staff, good information on products available. very helpful advice when we came into a large sum of money Reviewed on: 14th March 2017

still best for interest

If you have some saving and direct debits(most people have them) this account is still the best to beat any inflation. 1.50% interest rate plus cashback on your direct debit which most of time breaks even with the account fee of £5. Open this account trough quidco or cashback for extra incentive between £50 to £100 Reviewed on: 12th March 2017

A good interest rate plus cash back

Easy account opening procedure, by setting up the right direct debits you can cover the monthly account fee from the cash back and achieve a decent interest rate on up to £20k. Only negative is that they were unduly harsh in cutting the rate from 3% to 1.5% when base rate was cut by 0.5% Reviewed on: 5th March 2017

Cash back 123

Used to earn a lot by using my 123 card but Santander have. Is cut the rate so I don't get as much but it is still worth having to make a few extra pounds per month Reviewed on: 2nd March 2017

Paid to pay your bills and interest on your current account

This account gets my salary every month and I pay my bills from it. I earn around £20 a month in interest and cash back. Reviewed on: 1st March 2017

Great product

I just love the benefits you get with the 123 Santander current account. Earn interest on your money, get cashback on utilities and all can be managed online. Reviewed on: 12th February 2017

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