Santander is part of the Current Account Switch Guarantee scheme, which means that it has a team of staff ready to help switch your account in … Step 3 The account you’re switching from will be closed on your behalf and your balance, salary, payees, Direct Debits and standing orders will be moved to your Starling account. What’s changing on the Santander 123 account? Switching to Santander is stress-free and can be completed in just 7 working days. Multiple ways to bank. The Current Account Switch Guarantee covers 99% of UK current accounts and the process is the same everywhere. The Current Account Switch Guarantee covers 99% of UK current accounts and the process is the same everywhere. Find answers to common questions, along with guides and other useful information on our website santander.co.uk > Support, Find Answers. From 12th April 2021, the interest rate on savings will drop from 0.6% to 0.3%. If you don't already hold a Santander current account, you can apply online or in branch.We will ask you during the application if you want to switch an account you hold elsewhere to Santander. Check if your current bank or building society is signed up to the Current Account Switch Service . Pincha aqui para ver el documento / Click here to view the document 648\625\Switching Your Account Factsheet JAN21 do-ec-248.pdf Santander has slashed the rate on its 123 Current Account. The Santander 123 Current Account (more details) is a pretty unusual current account: it pays cash back as well as tiered interest on balances up to £20,000; there's also the Santander 123 Lite Current Account (more details) which pays cash back but doesn't pay interest. How to switch. Switching your current account is simple and stress-free. The good news is you can keep your regular saver if you close your 123 account. You can also monitor the progress of your switch in the ‘Switch to Starling’ tab under the account menu. Once you have an account, you can start switching online. The Current Account Switch Service takes the hassle out of moving your current account. Santander offers different perks and rewards to its account holders, with some of the current accounts even paying a decent interest rate on the balance. This offer is limited to one payment per customer or joint account, and you'll get the money within 28 days of all the criteria being met. Apply for a bank account online with Santander Bank. Depending on your preferences and style, you can do everything online or talk to someone in person at one of Santander’s more than 600 UK branches. x. To get the £100 cash offer you need to open a 1st Account, switch your everyday banking to us using the Current Account Switch Service and pay in at least £1,000 within three months of opening the account. Both accounts offer the following cash back rates: Here are the best high-interest alternatives to switch to that could pay you more. Santander: 123 accounts. Millions of Santander 123 Current Account customers will see their interest rate halved from 3% to 1.5% today (November 1).. However, you can only pay money into your regular saver from a Santander current account, so if you close your 123 account (and don't switch to 123 Lite) you won't be able to keep adding money to it. Enjoy convenient online bank account options from one of the best personal banks. You can transfer your existing current account via our website, www.santander.co.uk > Current accounts > 123 Lite current account > Apply > Transfer a Santander account. To switch, you’ll need to open an HSBC Current Account. A year ago it was offering 1.5%, before a cut in May 2020 to 1% and then dropping to the current rate last August. Is stress-free and can be completed in just 7 working days Switch to that could pay you.! 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