123 time to leave Santander?

[Mr $quandaŁot]

What a surprise, Santander has decided to increase uts 123 monthly currebt account fee from Ł2 to Ł5 from January.

http://www.dailymail.co.uk/news/arti...t-account.html

These charlatans tried to hard sell this account to me more than once, even when I have a far better zero current account with them. I told them that once enough customers had signed up, the fee would go up.

"We possibly could not do such a thing," they replied. Yeah right!

I urge people to reject this increase. Either revert to a fee-free current account or go elsewhere.

TSB has some interesting accounts at the moment.

123 leaving Santander. All together now, let's sing 123...

[FlamingParrot]

Re: 123 time to leave Santander?

I've never upgraded my account either, one reason was because the old A&L account came with a "flexiplan" account attached to it which has a revolving credit facility. Very modest given it's been unchanged for nearly 20 years but useful when your credit record doesn't qualify you for an O/D facility with another bank or a credit card, other than, perhaps, Vanquis :scared: The facility is a good emergency alternative to Wonga or QuickQuid. :grin: but would have gone had I upgraded the account, then they'd have given me no O/D facility upon running a credit check. :Cry:

[ostell]

Re: 123 time to leave Santander?

Careful of TSB. I have a current account (and a few more) that supposedly pays interest. Originally it was a reasonable 3 % on the balance up to Ł5000, later reduced to Ł3000. Just been informed that the interest is being reduced to 0,5 %. Then received a general leaflet about accounts with 5% interest on the current account.