Compare our range

Compare our main current accounts

We have a simple current account range. Both allow you to manage your money in a way most convenient to you. With our 123 Current Account you could earn cashback on your household bills and interest on your balance for just £2 a month. Or if you are looking for a standard current account without any extra benefits, our Everyday Current Account may be what you are looking for. We've listed the main features so you can see how they compare.

Protecting your money - find out more here about the Financial Services Compensation Scheme.

Main bank accounts

Other Bank Accounts

Main Bank Accounts

	123 Current Account	Everyday Current Account
Monthly account fee *	£2	N/A
Minimum amount paid in each Month**	£500	N/A
Cashback***	1% - cashback on water, council tax and Santander mortgage payments (up to maximum monthly mortgage payments of £1,000) 2% - gas and electricity bills 3% - communications bills (mobile phone, landline, broadband and paid-for TV packages).	N/A
Interest rate (see note 1)	1.00% AER/gross (variable) on balances from £1,000 2.00% AER/1.98% gross (variable) on balances from £2,000 3.00% AER/2.96% gross (variable) on balances from £3,000 and up to a maximum of £20,000. Interest rates will apply on the first £20,000 of your entire balance once you have at least £1,000 in your account.	N/A
Qualifying criteria for cashback	1. Pay a monthly account fee of £2 (which is automatically taken from your account each month) 2. Fund the account with £500 a month (a minimum balance of £1,000 is required to receive interest) 3. Set up a minimum of two Direct Debits (for cashback household bills must be paid by Direct Debit).	N/A
Daily Arranged overdraft fees for first 4 months if you switch (see note 2)	0% EAR (variable). No Daily Arranged Overdraft Fees for 4 months	0% EAR (variable). No Daily Arranged Overdraft fees for 4 months
Daily Arranged Overdraft fees after 4 months or if you don't switch (see note 2)	0% EAR (variable). £1 per day capped at 20 days each monthly statement period	0% EAR (variable). £1 per day capped at 20 days each monthly statement period.
Daily Unarranged Overdraft fees (see note 2)	0% EAR (variable). £5 per day.	0% EAR (variable). £5 per day capped at 20 days in each monthly statement period.
Maximum Monthly Overdraft Fees	£95	£150
Account Access	Secure Online & Mobile Banking (including iPhone, iPad, Android and Blackberry) Telephone banking Branch
	Apply now	Apply now

Online transfer service for existing customers:

If you already have a Santander current account and want to transfer to our 123 Current Account, simply use our quick and easy online transfer service.
However if you want to transfer your existing account to an Everyday Current Account you will need to do this in one of our Branches.

123 Current Account - online transfer service

Everyday Current Account -

Transfer in Branch only

Important information: Please note that there are implications you need to be aware of and accept before you transfer away from your existing Santander current account - click here for full information

If you're still not sure which account is best for you, call into a Santander branch or phone us on 0800 707 6692.

* A monthly account fee of £2 will be taken from your 123 Current Account automatically each month. The monthly account fee will be due even if you don't qualify for cashback/interest benefits in a specific month.
** This is not a calendar month, it is the month from the date you opened your account. Interest and transfers from any other Santander accounts do not count towards the monthly funding amount.
*** Household bills includes electricity, gas, council tax, water and communications such as mobile and landline phone, broadband and paid for TV packages and Santander mortgages. The maximum mortgage payment amounts that qualify for cashback are limited to £1,000 per month (for either single or multiple monthly Direct Debits).
Mortgage cashback applies to Santander UK plc mortgages. The 1% cashback on water and council tax bills applies to rates in Northern Ireland. Household bills do not include TV licence, maintenance or insurance contracts, commercial use or commercial mortgages. Cashback paid monthly. Cashback can only be earned through Direct Debit payments within the categories to companies categorised as water, electricity, gas or communications suppliers or as council tax issuing institutions in the Santander 123 Current Account Eligible Originators Classification Listing ©, which contains all major providers. Santander has categorised all companies within eligible cashback categories as accurately as possible. Click here to check if your provider is listed as eligible for cashback.

Note 1: AER stands for Annual Equivalent Rate and shows what the interest would be if we paid interest and added it each year. The gross rate is the rate paid before income tax is taken. Rates may change and we pay interest each month.

Note 2: EAR stands for Effective Annual Rate and represents the yearly cost of an overdraft, which takes account of how often we charge interest to the account, and does not include any other fees or charges. Overdrafts depend on your circumstances and you must repay any overdraft when we ask in line with our General Terms and Conditions.

Rates and information correct as at 10 April 2013