Santander UK ♨️

Cashback on your bills
1% cashback (up to £10 a month) on selected household bills when you pay by Direct Debit

Cashback on your essential spend
1% cashback (up to £10 a month) at supermarkets
and on travel costs when you
use your debit card (exclusions apply)

Exclusive savings rates
An optional savings account with 4.00% AER / 3.93% gross (variable) interest on balances up to £4,000 (includes 0.50% AER (variable) bonus rate for the first 12 months from opening)

Arranged overdraft
Subject to status - learn more in the ‘Overdrafts and charges’ section

How it works
Pay a £3 monthly fee to maintain the account
Pay at least £500 into your account each month
Have 2 active Direct Debits
You’re over 18 and live in the UK permanently
This is a paper-free account – learn more in ‘Other account information’

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You had me up till the £3/month. These things are made so difficult to calculate your returns and whether it’s beneficial based on your particular spending, it’s not worth the effort, especially with the ‘bonus rate’ on the savings, and whatever list of exclusions apply.


Yeah it got me too.

Though paying energy and council tax by direct debit here I’d get the £3 fee back easy, then the other household bills another few £ at a push.

Then 1% cashback for the shopping and fuel.

To be fair, if I used chase more I’d get 1% back on a lot more and probably outweigh the Santander account.

Actually seems quite good compared to cough plus cough club lloyds

The Barclays blue is the only account I can think that does better than this. Happy to be provided wrong though.

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That’s why they have a cashback calculator so you can work it out.

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Looks like it replaces 1|2|3 Lite.


From 22 November 2022 we removed the 1|2|3 Lite Current Account from our product range.

I wonder what will happen to existing 123 Lite accounts.

It’s more than likely they’ll let them keep their existing accounts, but incentivise them to change to the new account type.

Although in fairness the Choice account got rolled out at £10 a month for reduced fees and got very quickly pulled in a couple months, but as far as I’m aware they let them keep their accounts if they wanted to.