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  • FIRST POST
    • firefox1956
    • By firefox1956 4th Oct 17, 6:53 PM
    • 1,518Posts
    • 905Thanks
    firefox1956
    Santander 123 Current Account
    • #1
    • 4th Oct 17, 6:53 PM
    Santander 123 Current Account 4th Oct 17 at 6:53 PM
    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
Page 1
    • colsten
    • By colsten 4th Oct 17, 7:01 PM
    • 9,025 Posts
    • 7,791 Thanks
    colsten
    • #2
    • 4th Oct 17, 7:01 PM
    • #2
    • 4th Oct 17, 7:01 PM
    It's probably 2m but you'd not be likely to want more than the FSCS-protected amount in any single bank.
    • hollie.weimeraner
    • By hollie.weimeraner 4th Oct 17, 7:20 PM
    • 1,520 Posts
    • 995 Thanks
    hollie.weimeraner
    • #3
    • 4th Oct 17, 7:20 PM
    • #3
    • 4th Oct 17, 7:20 PM
    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.
    • firefox1956
    • By firefox1956 4th Oct 17, 7:52 PM
    • 1,518 Posts
    • 905 Thanks
    firefox1956
    • #4
    • 4th Oct 17, 7:52 PM
    • #4
    • 4th Oct 17, 7:52 PM
    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.
    Originally posted by hollie.weimeraner
    Yes I already know that.
    Please read my original post.
    • ceredigion
    • By ceredigion 4th Oct 17, 9:55 PM
    • 2,746 Posts
    • 3,654 Thanks
    ceredigion
    • #5
    • 4th Oct 17, 9:55 PM
    • #5
    • 4th Oct 17, 9:55 PM
    General T&C's
    4.8

    Don't get excited though
    • Superscrooge
    • By Superscrooge 4th Oct 17, 11:07 PM
    • 1,081 Posts
    • 775 Thanks
    Superscrooge
    • #6
    • 4th Oct 17, 11:07 PM
    • #6
    • 4th Oct 17, 11:07 PM
    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?
    • colsten
    • By colsten 5th Oct 17, 12:25 AM
    • 9,025 Posts
    • 7,791 Thanks
    colsten
    • #7
    • 5th Oct 17, 12:25 AM
    • #7
    • 5th Oct 17, 12:25 AM
    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?
    Originally posted by Superscrooge
    You could be in between having sold your old mansion and not having found your new one yet. Or you might need an account for your lottery win etc. etc. until you have decided what to do with the money.
    • bigadaj
    • By bigadaj 6th Oct 17, 2:52 PM
    • 10,816 Posts
    • 7,139 Thanks
    bigadaj
    • #8
    • 6th Oct 17, 2:52 PM
    • #8
    • 6th Oct 17, 2:52 PM
    You could be in between having sold your old mansion and not having found your new one yet. Or you might need an account for your lottery win etc. etc. until you have decided what to do with the money.
    Originally posted by colsten
    Yes, not a great lottery win though.
    • colsten
    • By colsten 6th Oct 17, 6:54 PM
    • 9,025 Posts
    • 7,791 Thanks
    colsten
    • #9
    • 6th Oct 17, 6:54 PM
    • #9
    • 6th Oct 17, 6:54 PM
    Yes, not a great lottery win though.
    Originally posted by bigadaj
    I'd gladly take 2m.
    • badger09
    • By badger09 6th Oct 17, 7:07 PM
    • 5,998 Posts
    • 5,335 Thanks
    badger09
    I'd gladly take 2m.
    Originally posted by colsten
    I'd gladly share it with you 50:50 Especially as I don't enter
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