More than one santander 123 account?

okydoky

Anyone know if you can actually have more than one of these?

We currently have a joint account with £20K in it paying 3% which is good. I am a non-tax payer so my portion of the interest is paid gross.

So can I set up another one in my own name and have £20K in it as well and get 3%? I can satisfy the requirements by changing a couple of my direct debits and the income requirement by setting up a transfer from an account I have with another bank.

I could do the same thing in my wife's name?

Is there anything to stop us doing this?

Thanks

Archi_Bald

According to the Santander website:

You may hold one single or one joint 1I2I3 Current Account (or one of each) per person only.

AlwaysLearnin

Bottom of 'Full Details' tab here:

http://www.santander.co.uk/uk/current-accounts/123-current-account

Says:

"One single or one joint 1|2|3 Current Account (or one of each) per person only."

jimjames

You can get 5% on £6500 with tsb and nationwide

Eco_Miser

jimjames wrote: »

You can get 5% on £6500 with tsb and nationwide

And so can your wife, and a third lot jointly, making £19500. Then there's Club Lloyds @ 4%.