Santander UK has today announced that it is increasing the in-credit interest rate on its 123, Select and Private Current Account to 0.50% AER/gross (variable 1) on balances up to £20,000.
You’ll earn interest on your entire balance up to £20,000. We work out the interest on your daily balance and pay the interest every month. We’ll pay this interest into your current account on the same day each month. This is usually on the date you opened or transferred your account.
The banking giant has today launched the Santander Edge Up current account, offering customers the chance to earn £100 a month in cashback and interest as it closes its flagship 1|2|3 product.
Santander customers with the bank's popular 123 current account will see the interest paid on savings drop to just 0.3% from 12 April. It's the third time the bank has cut the account's rate cut in less than a year and means holders are better off switching.
Once your account has been set up, these alerts can be easily amended, or turned off, by logging onto Online Banking, visiting one of our branches or calling us on 0800 9 123 123. 7. Switching your account
The interest rate on Santander's popular 123 Current Account will be reduced to just 0.6% AER from tomorrow (Monday 3 August). The bank had already cut the rate from 1.5% to 1% AER in May, while introducing a £5 monthly cashback cap for each of its three tiers.
With its cashback on household bills, the Santander 1|2|3 current account is a top pick. Even after the £4 monthly fee is factored in, you can pocket up to £132 in the first year, while it ...
Santander has today announced it has withdrawn 123 current accounts from sale. Upon launch in 2012, the 123 account became one of the most popular current accounts, having for years paid 3 per...
We’ll do the hard work, like closing your old account and moving payments. It’s simple, reliable and stress-free. More on switching. Protecting your money. Whether you're looking for a basic current account or one more tailored to your needs, discover the range of current account options we offer.