Short term savings

YorkshireBoy

fivele wrote: »

I already have a Santander 123 account

You started out by saying "I hate to see money sat there and not earn any interest", when all along the cash was sat making 3% AER?

Or are you saying the cash really was making nothing, when all along you could have put it in your 1-2-3 account and make 3% AER on it?

Puzzled!

fivele

YorkshireBoy wrote: »

You started out by saying "I hate to see money sat there and not earn any interest", when all along the cash was sat making 3% AER?

Or are you saying the cash really was making nothing, when all along you could have put it in your 1-2-3 account and make 3% AER on it?

Puzzled!

I have a few accounts and the money is spread across them all, so only making a few quid at the most, I have put it all in the 123 account.


Thanks

fivele

colsten wrote: »

Unless you make at least £5 a month from DD cashback, the Santander 123 is one of the worst accounts you could keep your money in.

My DD cash back is more than the £5 so I am ok there, plus I have just set up my mums water, gas and electric DD from my account so I may get cash back on them too!