Acquiring a Second Account

Archi_Bald

Steve_xx wrote: »

You can have one 123 Account with Santander.

That should read: You can have one 123 account in your own name, plus a second 123 account in joint names.

Steve_xx

Archi_Bald wrote: »

That should read: You can have one 123 account in your own name, plus a second 123 account in joint names.

Indeed, yes.

matttye

Steve_xx wrote: »

That's not absolutely correct. There is certainly a limit on how many Halifax Reward accounts that you can have. Similarly there is a limit on the amount of Santander 123 accounts that you can hold.

Sorry if I wasn't clear, I meant that there's no limit on the amount of current accounts you can open in general - not that you can open an unlimited amount of a specific account.

wurley

Don't forget if you have a joint bank account and one of you doesn't earn enough to pay tax, you can claim tax free interest on half of the interest - As so many people are using the 123 account as a saving account.