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anyone switching from santander 123 to lite?

I have used the santander calculator this morning and it looks like i will be much better off if i switch to santander lite as i have no savings and the fee is only £1 a month.

is anyone else planning to change? Is it worth waiting a few months to see what happens with banks in response to interest rate changes?

Does anyone know if it is a change i name and t&c's only or if i would get a new account number etc and would have to change details with employers etc?
If you always do what you have always done, you will always get what you always got!

Comments

  • MrLolly
    MrLolly Posts: 47 Forumite
    Account details stay the same. The name of the account will change instantly. Just call Santander and they'll have to run through the t's and c's which is painfully slow but once done the account will be sorted.

    I recently changed from everyday account to 123 lite
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