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Santander 123 Fee When Closing

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Comments

  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    ceredigion wrote: »

    But you are not under contract (at least not in terms of time) so you are free to close your account. If you find the fee increase unacceptable wait until 28 days before the end of your year and give notice.

    I suggest you read more carefully, I was responding to forgotmyname's post (which I agree is about the wrong 123 product, but just trying to be helpful...). I will be keeping my 123 CC as I earn far more than the annual fee in cashback.
  • phona
    phona Posts: 249 Forumite
    Part of the Furniture 100 Posts
    I knew there must be someone out there who's closed it and found out for sure that there's no refund!

    I'll definitely be keeping mine until just before the fee is due again then. I think I'll make the money back. Thanks ceredigion for pointing out they need a month's notice; I'll keep that in mind for when the time comes.
  • matty17r
    matty17r Posts: 1,215 Forumite
    1,000 Posts Combo Breaker
    Told me yesterday that only 2 weeks notice is required to cancel card.
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