Santander 123 Monthly Charge £2 or £4?

a1reno

Hi,

I recently applied for a Santander 123 account and whilst I know there is a £2 charge, whilst I was filling out the forms I was offered a credit card where it says there is a £2 charge. Does this mean if I get the Santander 123 account plus the credit card it comes to a total of £4 a month? Or does the £2 cover both debit and credit card?

Any help is much appreciated!

warwicktiger

Just done this myself.
On the credit card a charge of £24, the annual fee will appear.

Nor sure about the current account and how/when the charge is imposed.

guesswho2000

warwicktiger wrote: »

Just done this myself.
On the credit card a charge of £24, the annual fee will appear.

Nor sure about the current account and how/when the charge is imposed.

They did run an offer where the fee for the CC was waived in year one if you had a 123 current account.

As for the current account fee, it's charged the day after the monthly anniversary of account opening, taken from the account directly. The DD cashback is credited the day before this.

YorkshireBoy

guesswho2000 wrote: »

They did run an offer where the fee for the CC was waived in year one if you had a 123 current account.

That offer is still running, according to their website.

innovate

Once the offer period has expired, it will be £2 for the current account, and £2 for the CC. I.e. £4 if you have both.

a1reno

I see. I only wanted the current account so I may as well cancel the credit card.