Revealed: Santander 123 customers face DOUBLE rate drop – to 1% today and to 0.6% in August

missile

I like Santander 123 account. Easy to use and money back pays more than my monthly fee. Any interest is a welcome bonus.

EssexExile

Like a couple of previous contributors I like Santander too, they've always been there when I needed them. Although yesterday it did take almost all afternoon to manage to speak to an actual human being at Santander!

trickydicky14

Elmer_BeFuddled said:

colsten said:

If you keep a steady £5K in a current account which pays you £5 a month, that‘s the equivalent of 1.2% AER (ref Halifax Reward).

Thanks for that. I switched to one for the £100 bonus while it was on and while I'm waiting to switch it on again I may as well add £4.9k to get some "interest" out of it.

I just send £500 from each of my reward accounts each month to my direct saver with NS&i via my debit cards and then move the cash from NS&i to my BOS account to make a bit more interest.
Most of the month the reward accounts only have about £100 in them.
wash and repeat.

missile

EssexExile said:

Like a couple of previous contributors I like Santander too, they've always been there when I needed them. Although yesterday it did take almost all afternoon to manage to speak to an actual human being at Santander!

I have banked with them for circa 5 years and have never spoken with a real human at Santander