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Downgrading Santander 123 Current Account
Comments
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Hurrah!!!!0
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Guys, can I just ask - is this because of the new account paying 1.5% interest? I'm thinking of ditching my 123 too because of the £5 charge each month. If I can get the same interest elsewhere then so be it..0
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In my case, no, but a number of others have opted to downgrade from the full 123 account to the 123 Lite account because of the availability of a new easy-access savings account paying 1.5%.tommysaver wrote: »Guys, can I just ask - is this because of the new account paying 1.5% interest? I'm thinking of ditching my 123 too because of the £5 charge each month. If I can get the same interest elsewhere then so be it..
As for me; I previously had two full 123 accounts, but the DD cashback only really covered the monthly fee on one account, thus the second account wasn't cost-effective to maintain, so I downgraded it to an Everyday account, and retained only one full 123 account.0 -
YorkshireBoy wrote: »Not according to the FAQ on their website. You can also request closure by phone or by secure message.
Thanks, closed by phone today :T0
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