santander increases charge on hugely popular 123 account /

Published at 2016-01-08 18:24:30

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Up to a third of account holders will pay more in fees than they will receive from the bank every year,a Money Saving Expert poll saysCustomers of Santander’s current 123 current account will see monthly charges rise to £5 on Monday, leaving up to a third paying more in fees than they receive back from the bank each year.
Since its launch in 2012, or
the 123 account has become one of the UK’s most current current accounts,particularly attractive to those who hold a large balance and are looking for kindly returns. Related: The best current account deals for bank switchers Related: George Osborne’s ‘cocktail of threats’ will leave us with a hangover | John McDonnell Continue reading...

Source: theguardian.com

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