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  • FIRST POST
    • J B
    • By J B 15th Jan 20, 10:16 PM
    • 3,658Posts
    • 1,425Thanks
    J B
    two 123 Lites?
    • #1
    • 15th Jan 20, 10:16 PM
    two 123 Lites? 15th Jan 20 at 10:16 PM
    We downgraded our two 123 accounts to 123 Lites -

    Is there any benefit in having two accounts or should we just ditch one and keep t'other for the benefits.
Page 1
    • Neil Jones
    • By Neil Jones 15th Jan 20, 10:23 PM
    • 3,286 Posts
    • 2,409 Thanks
    Neil Jones
    • #2
    • 15th Jan 20, 10:23 PM
    • #2
    • 15th Jan 20, 10:23 PM
    Not really in all honesty, unless your cashback amounts go over 5, in which case it may be beneficial after May. Otherwise, the only other real incentive is probably a second regular saver.
    • Zero Sum
    • By Zero Sum 15th Jan 20, 11:08 PM
    • 1,514 Posts
    • 1,231 Thanks
    Zero Sum
    • #3
    • 15th Jan 20, 11:08 PM
    • #3
    • 15th Jan 20, 11:08 PM
    There wasnt any point to 2 full fat 123's tbf.
    Now that theyve put a limit on the cashback which most wont reach anyway it'll only really impact if you have a mortgage with them.
    • J B
    • By J B 16th Jan 20, 8:01 AM
    • 3,658 Posts
    • 1,425 Thanks
    J B
    • #4
    • 16th Jan 20, 8:01 AM
    • #4
    • 16th Jan 20, 8:01 AM
    There wasnt any point to 2 full fat 123's tbf.
    Originally posted by Zero Sum

    Unless you had over 20K in them!
    • J B
    • By J B 16th Jan 20, 8:12 AM
    • 3,658 Posts
    • 1,425 Thanks
    J B
    • #5
    • 16th Jan 20, 8:12 AM
    • #5
    • 16th Jan 20, 8:12 AM
    Now that theyve put a limit on the cashback which most wont reach anyway it'll only really impact if you have a mortgage with them.
    Originally posted by Zero Sum

    We get 4.38 on one a/c and 2.56 on the other - is the limit a fiver now?
    • Zero Sum
    • By Zero Sum 16th Jan 20, 8:21 AM
    • 1,514 Posts
    • 1,231 Thanks
    Zero Sum
    • #6
    • 16th Jan 20, 8:21 AM
    • #6
    • 16th Jan 20, 8:21 AM
    Unless you had over 20K in them!
    Originally posted by J B
    Nope. Youd have been 5 a month better off putting 2nd 20k in marcus.
    You'd have been even more better off putting the whole 40k in marcus & running a single 123 lite account
    • Zero Sum
    • By Zero Sum 16th Jan 20, 8:23 AM
    • 1,514 Posts
    • 1,231 Thanks
    Zero Sum
    • #7
    • 16th Jan 20, 8:23 AM
    • #7
    • 16th Jan 20, 8:23 AM
    We get 4.38 on one a/c and 2.56 on the other - is the limit a fiver now?
    Originally posted by J B
    Its 5 per category band. So max of 15 (5 on the 1%, 5 on 2% etc)
    • J B
    • By J B 16th Jan 20, 10:40 AM
    • 3,658 Posts
    • 1,425 Thanks
    J B
    • #8
    • 16th Jan 20, 10:40 AM
    • #8
    • 16th Jan 20, 10:40 AM


    Nope. Youd have been 5 a month better off putting 2nd 20k in marcus.
    You'd have been even more better off putting the whole 40k in marcus & running a single 123 lite account
    Originally posted by Zero Sum
    Thanks, but we've had the 123 for ages and now have Marcus instead


    Its 5 per category band. So max of 15 (5 on the 1%, 5 on 2% etc)
    Originally posted by Zero Sum
    Hmm
    We get (calculator out ...) 5.61 on one and 1.33 on t'other
    Hmm


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