123 Mini Current Account - Santander

123 Mini Current Account

Santander
3 % AER
Headline Interest Rate
X
Switching bonus
  • Overdraft facility
  • Customer rating: 4.31 (out of 5)
  • No monthly charge
  • Minimum Monthly Credit: £ 0
    • Open by:

This account may be appropriate for you if

  • Your balance will not exceed £ 2,000,000
  • You are older than 11

Switching bonus

Member of Current Account Switching Service: No
Switching Bonus Conditions: This incentive is not offered.
Match Current Overdraft Offer: No

Credit Interest

Annual Interest Paid By Balance:
BalanceAnnual Interest Paid
£ 5002.96 %
£ 1,0002.96 %
£ 5,0000 %
£ 10,0000 %
£ 25,0000 %
Headline Interest Rate: 3 % AER
Paid on Balances Over: £ 300 and up to £ 2,000
Monthly Reward: £ 0
Interest Paid: monthly
Includes Initial Bonus: No

Overdrafts

Overdraft Available: No
Cost of Unauthorised Overdraft: Not permitted

Payment options

ATM Card
Cheque Book
Passbook
Debit CardVisa
Standing Order
Direct Debits

Access and usage

Banking by
Bank
Post
Phone
Internet
Maximum ATM Withdrawal: £ 300

Perks

Preferential rates onsavings
Prepaid card
Home emergency cover
Extended warranty cover
Airport lounge access
Preferential travellers money rates
Preferential travellers cheque rates
Free life insurance
Free home insurance
Free car insurance
Breakdown cover
Voucher and discount deals
Entertainment deals
Mobile phone cover

Charges

Charges for Unpaid Items: None

Cost Abroad

ATM Charge Europe: £ 2 when withdrawing the equivalent of £ 100
ATM Charge World: £ 2 when withdrawing the equivalent of £ 100
Debit Card Charge Europe: £ 1
Debit Card Charge World: £ 1

Additional Charges

Charge for Replacement Statement: £ 5
ATM Withdrawal Charge: £ 0
Bankers Draft Charge: £ 10
Charge For Cheque Receipts: £ 4
Bankers Reference Charge: £ 10
CHAPS Charge: £ 25

Moneywise Best Buys

Current Accounts

ProductAER
Bank of Scotland Vantage Classic Account - Bank of Scotland2%
Nationwide FlexDirect - Nationwide Building Society5%
Santander 123 Current Account - Santander1.5%
Tesco Bank Current Account - Tesco Bank3%
TSB Classic Plus - TSB3%

Customer ratings

About the bank

  • Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
  • Banking Licence Held By: Santander UK Plc