Santander 123 Current Account
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firefox1956
Posts: 1,548 Forumite
What is the maximum amount that you can have in a JOINT Santander 123 account ??
I can't for the life of me find the answer on their website.
TIA
I can't for the life of me find the answer on their website.
TIA
0
Comments
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It's probably £2m but you'd not be likely to want more than the FSCS-protected amount in any single bank.0
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For a single account £20,000 is the maximum that attracts interest whether it's in joint names or single name. Any more and the interest is 0 so no point in having any more in it.0
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hollie.weimeraner wrote: »For a single account £20,000 is the maximum that attracts interest whether it's in joint names or single name. Any more and the interest is 0 so no point in having any more in it.
Yes I already know that.
Please read my original post.
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General T&C's
4.8
Don't get excited though0 -
£2 million seems to be the maximum allowed in any of their savings accounts, although I don't understand why anyone would want to deposit more than £20,000 into a 123 account?0
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Superscrooge wrote: »£2 million seems to be the maximum allowed in any of their savings accounts, although I don't understand why anyone would want to deposit more than £20,000 into a 123 account?0
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