It seems they’ve reduced all the features people liked
Was about to post the same. Searched first and found your post
I found out about mine from MSE, not Santander!
Thankfully, I only have a 123 Lite account, for household bills cashback and the 2.5% regular saver, so does not affect me.
My cashback of £4.92 (against a monthly fee of a pound) is unaffected, so makes this household bills account still worthwhile.
I earned £7.09 cashback last month, but with the interest rate drop it’s not really worth keeping much of a balance in the account, may as well move most of it to Marcus until that rate runs out then decide what to do next.
I transfer enough from my Monzo account to cover direct debits and saver standing order. Don’t hold a balance in there as such a 0%
Just found out about this.
Bit of a bummer as the cashback was a boon, but definitely still worth the quid a month just to get an extra fiver off my mortgage payments.