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Three Santander 123?
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bundly
Posts: 1,039 Forumite


Is there any rule that says I cannot have three 123 accounts? I have 6 direct debits, and I can transfer £500 into each one every month.
Bundly
PS I tried five times to search the forums for "123" and for "Santander", and every time got an error message, so apologies if this has been asked before.
Bundly
PS I tried five times to search the forums for "123" and for "Santander", and every time got an error message, so apologies if this has been asked before.
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Ahh... at last I have managed to get that PDF to open, having tried many times already today.
"You may only hold a maximum of two 123 Current Accounts, one in your name and one in joint names."
Well that is funny, because I already have two and they are both in my sole name. I've had both for ages... two or three years now. I guess they must have changed the rules.
Oh well, shame, cos I cannot get 3% anywhere else. Boo hoo.0 -
Ahh... at last I have managed to get that PDF to open, having tried many times already today.
"You may only hold a maximum of two 123 Current Accounts, one in your name and one in joint names."
Well that is funny, because I already have two and they are both in my sole name. I've had both for ages... two or three years now. I guess they must have changed the rules.
Oh well, shame, cos I cannot get 3% anywhere else. Boo hoo.
They allow 3 accounts
One in your name
One in partners name
One in both joint namesThe world is not ruined by the wickedness of the wicked, but by the weakness of the good. Napoleon0 -
Oh well, shame, cos I cannot get 3% anywhere else. Boo hoo.
Nationwide FlexDirect
TSB Plus
Club Lloyds
3 x Bank of Scotland Vantage
2 x Tesco
...as well as 2 x Santander 123?
And the 4-5% regular savers from Nationwide, TSB, and Lloyds taking £1,150 a month?
And there's only one of you?...ie no joint account opportunities?0 -
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YorkshireBoy wrote: »3 between 2 then, surely?
So each party can have one sole plus a joint, which is what it says.
Yes 3 accounts, if one joint
If Op has managed two account in his own name/address etc?
Then he could possibly open joint with other if agreeable as well?The world is not ruined by the wickedness of the wicked, but by the weakness of the good. Napoleon0 -
What a coincidence Yorkshire -- I sent you a PM and then you replied to my thread!
No, I am a solo investor. No chance of joint accounts.
Thanks folks for that list. I will go and investigate which one(s) I can have (i.e. that I can satisfy the rules to qualify)
I already have a Nationwide current account so that must be the first one to investigate!
Bundly0 -
YorkshireBoy wrote: »And the 4-5% regular savers from Nationwide, TSB, and Lloyds taking £1,150 a month?
You forgot HSBC, FD & M&S regular savers, too.0 -
Ah the TSB and the Nationwide ones are capped at £2k/ £2,5k.
Lloyds and BoS are up to £5k.
HSBC is only up to £3k.
I need somewhere to stick (at least) £17k. I am averse to the "fiddliness" of having loads and loads of accounts. I have four already and that is getting hard to cope with!0 -
TartanSaver wrote: »You forgot HSBC, FD & M&S regular savers, too.
Reason being they all require wasteful, ie non-productive, current accounts to get at the 6% regular savers, whereas the 3 I did mention are 2 for 1 on account management being as the current accounts offer decent interest too.0
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