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Santander123 Account

I looked at my Santander 123 Current Account Statement and it says in October, they will convert this to the Everyday Current Account Automatically in October 19th?

Do others have this?

I meet all the terms and conditions of the 123 current account, in that I deposit 500 pounds each month , keep min balance of 3k to get interest and have 2 DD set up.
So not sure why its Automatically changing...?

Comments

  • Gizmo247
    Gizmo247 Posts: 492 Forumite
    Eighth Anniversary 100 Posts Name Dropper Mortgage-free Glee!
    Are you sure there is not a bullet point below naming the old premium account names this affects (that's what is on my statement)? This is happening on the 19th Oct as announced by Santander.

    As far as I know they are not changing the 123 account.
    MFiT-T3 #149: {Q4/14} (£46,447)-->(£0) ~ +£46,447=100%
    Mortgage Free: 1st October 2014 :j
  • Ifts
    Ifts Posts: 1,960 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    edited 2 September 2013 at 2:22AM
    As mentioned by Gizmo247 in previous post this only applies to those accounts next to the bullet point -
    Current Account Name changes from 19 October 2013

    The following accounts will be renamed the Everyday Current Account:
    • Preferred In Credit; Premier Direct; Preferred and Premier 21 Current Account.

    The account name changes do not apply to the Santander 123 Account Current Account.
    Never let the perfume of the premium overpower the odour of the risk
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