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1|2|3 Current Account

Santander Current Accounts

The current account that pays you cashback on your household bills and interest on your balance.

There is a £5 monthly account fee, that will be automatically taken from your account each month.

What you get

  • Monthly cashback on selected household bills.

  • Monthly interest of 1.50% AER / 1.49% gross (variable) payable on your entire balance up to £20,000 from 1 November 2016.

  • Before 1 November 2016 you can earn 3% AER (variable) payable on your entire balance up to £20,000, when you have at least £3,000 in your account.

  • Access to 1|2|3 World offers, including preferential rates and special deals on other Santander products.

To get cashback on your household bills and interest on your balance, just follow these steps:

  • Pay at least £500 into your account each month. Any interest paid, and payments between Santander personal accounts you're named on won't count towards this

  • Have at least 2 active Direct Debits. You'll get monthly cashback on selected household bills you pay by Direct Debit

Remember, if you switch your current account to us, we'll move it across in 7 working days, so you can start earning cashback and interest.

See how much cashback you could earn:

Cashback calculator

 

 

 

Please read the full product details and Terms & Conditions before applying. Other accounts are available,
including our 1|2|3 Lite Current Account. Take a look at our current account range to find out more.

 

 

 

 

Apply now

Earn cashback and interest with 1|2|3
With an in-credit interest rate and cashback on your household bills, make the most of your banking with the 1|2|3 Current Account.

We can switch your existing current account for you in just 7 working days.

Cashback
You will earn:

Cashback Cashback categories
1% cashback  on water and council tax bills and the first £1,000 you pay towards your Santander monthly residential mortgage payment
2% cashback  on gas and electricity bills.
Now includes Santander home insurance premiums (policies administered and underwritten by Aviva Insurance Limited)
3% cashback  on mobile and home phone bills, broadband and paid for TV packages.
  • Cashback can only be earned through household bills paid by Direct Debit

  • Household bills do not include TV licence, maintenance contracts (e.g. boiler repair cover), other insurance contracts, bills for commercial use or commercial mortgages

  • Find out where you can earn cashback on your household bills with the 1|2|3 Current Account

Interest

Monthly interest of 1.50% AER / 1.49% gross (variable) payable on your entire balance up to £20,000 from 1 November 2016.

Before 1 November 2016 the interest rates below will apply.

Interest rate before 1 November 2016 Account balance
1.00% AER/gross (variable) interest on your balance once you have £1,000
2.00% AER/1.98% gross (variable) interest on your balance once you have £2,000
3.00% AER/2.96% gross (variable) interest on your balance once you have £3,000 up to a maximum of £20,000

From 6 April 2016, you'll receive interest gross, with no income tax deducted. Take a look at our information pages to learn more

If you don't normally maintain a credit balance in your account, have a look at our 1|2|3 Lite Current Account.

How it works

  • There is a £5 monthly account fee, that will be automatically taken from your account each month

To get cashback on your household bills and interest on your balance, just follow these steps:

  • Pay at least £500 into your account each month. Any interest paid, and payments between Santander personal accounts you’re named on won't count towards this

  • Have at least 2 active Direct Debits - you'll receive cashback on any qualifying household bills you pay by Direct Debit

When you fulfil these conditions we'll automatically work out how much interest you've earned and pay it into your account each month. Before 1 November 2016 you will need a minimum balance of £1,000 to earn interest.

If you'd like to switch to us from another bank or building society we'll move all your Direct Debits, standing orders and your salary.

We'll close your old current account and make sure any payments to and from your old account are redirected to your 1|2|3 Current Account for 36 months.

What you can get

  • Visa debit card - a quick and secure method of buying goods and services at home and abroad

  • Contactless payments with your mobile by linking your Santander debit or credit card to your Apple or Android device.

  • Arranged Overdraft - usage fees apply

  • Chequebook

Visa debit card and Arranged Overdraft are subject to status

You can use this account to:

  • Set up Direct Debits and standing orders

  • Pay bills

  • Transfer money online including Faster Payments

Overdraft fees 

Arranged Overdraft Usage Fee
 
The Arranged Overdraft Usage fee will depend on the amount you use:   
Below £2,000  £1 a day
£2,000 to £2,999.99  £2 a day
£3,000 and over  £3 a day
Before 9 January 2017 the Arranged Overdraft Usage Fee will be £1 per day for any amount of Arranged Overdraft you use. 
Unarranged Overdraft Usage Fee  £6 per day 

If you try to make a payment that would take you into an Unarranged Overdraft, we'll decide whether or not to pay it depending on your circumstances.

We have other borrowing options, such as credit cards, personal loans, and additional loans for our existing mortgage customers. Learn more about our borrowing options

There are other charges with this account, such as when you use your card abroad. Please refer to the Terms and Conditions for details.

                      

Representative example
0% EAR (variable) Arranged Overdraft. Arranged Overdraft Usage Fee of £1 per day. If you are switching to Santander then there will be no Arranged Overdraft Usage Fee for the first 4 months. Assumed Arranged Overdraft credit limit: £1,200. Actual amount may differ.

 

Cashback paid monthly. The maximum mortgage payment amount that qualifies for cashback is £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 also applies to rates in Northern Ireland.

You may only hold a maximum of two 1|2|3 Current Accounts, one in your own name and one in joint names.

 

 

Apply now

Switching your existing current account to the 1|2|3 Current Account

Hassle-free switching in just 7 working days

  • You can either switch to a new account, or one you've already got with us

  • Our dedicated switcher team will switch all of your Direct Debits, standing orders and your salary or other income

  • Choose when your switch starts - this can be up to 60 days in the future

  • Your switch will only take 7 working days

  • We'll keep you updated of progress by letter, text and e-mail

  • We'll close your old account and redirect any payments to your Santander Current Account 

  • You could get a 4 month fee-free Arranged Overdraft when you switch to us. (Overdrafts are offered depending on your circumstances.) 

Our switcher service is rated 5 Star by Defaqto, an independent financial research company, so you can be confident your current account switch is in the best hands.


How to switch

If you don't already have a Santander Current Account, you can apply online or in a branch. We'll ask you during the application if you want to switch an account you hold elsewhere to Santander.

If you're an existing customer and you have an account with another provider that you would like to switch to your existing Santander account, please visit your local branch.

Lines are open 8am to 7pm Monday to Friday and 9am to 2pm Saturdays.

To switch you'll need to give us

  • your existing sort code and account number

  • your existing debit card number and expiry date. If you are switching a joint account to us, we'll need the debit card details for all applicants 

Representative example
0% EAR (variable) Arranged Overdraft. Arranged Overdraft Usage Fee of £1 per day. If you are switching to Santander then there will be no Arranged Overdraft Usage Fee for the first 4 months. Assumed Arranged Overdraft credit limit: £1,200. Actual amount may differ.

 

 

 

Apply now

From day-to-day banking to exclusive offers, do it your way

Because we know you have busy lives and are often on the move, we want to give you ways to bank that make life easier. We're always looking for new ways to bank that help you do what you need to do, with your phone, computer or in person.

So if you're on the sofa, log on with your tablet to check the cashback and interest you've earned. If you want to pay a friend for your share of a night out, use Paym on your mobile to make a quick transfer with no need for bank details. And if you're on the high street pop in for the personal service.
 

Here are just a few of the things you can do:

Mobile Banking

Our fastest growing way to bank. Use your phone or device to:

  • see balances, make payments and check 1|2|3 cashback

  • register for Retailer Offers to earn additional cashback on your spend

  • set up personalised account alerts  to let you know what's going on with your money

And much more

Take a look at our Mobile Banking videos
 

Get the app

 

Online Banking

24/7 banking on your desktop or laptop computer. Everything you can do on mobile, plus:

  • switch to paper free and get your statements and other important notifications online

  • manage personal details such as change of address

  • register to receive mobile-to-mobile payments with Paym  

And much more

Take a look at our Online Banking videos
 

Sign up

 

Branches

Come in and see us for:

  • face-to-face support in managing your account

  • free customer wi-fi: bring your own device into branch and we'll help you with our online and mobile services

Find a branch

 

Contact Us

Telephone Banking

  • with our UK-based team on hand until 11pm most nights, and an automated service when they go home, do your banking by telephone any day of the week

  • call us on 0800 9 123 123

Find out more

 

ATM

Use our ATMs for:

  • withdrawing cash

  • making cash and cheque deposits

  • checking your balance

  • managing your PIN 

 

Post Office

  • Use Post Office branches to make cash withdrawals, balance enquiries, cash deposits and cheque deposits

Find out more

 

 

Everything you need to know before you apply

We recommend reading the information in the documents below before you apply. You may like to save or print them so you can refer to them in the future.

To view these documents, you may need to download Adobe Reader.

Apply now

Before applying please remember to read the full details and terms & conditions.

You can apply for a new 1|2|3 Current Account online in just 10 minutes if you:

  • are 18 years of age or over

  • live in the UK permanently 

New account Existing customers
  • You will receive a new account number, card and PIN

  • If you apply for an overdraft and the amount we can give you is lower than your request, we’ll contact you to let you know what we can offer. We will ask you to confirm that you’re happy to go ahead before we open your account

  • Please consider before applying.

  • Keep your existing account number, card and PIN.

  • Use our short transfer application form.

  • If you are successful, your account could be updated the same day.

  • You’ll need your existing account details handy to transfer.

  • If you have an Instant Plus or Basic Current Account, you can’t transfer to the 1|2|3 Current Account.

Apply now

Transfer

Or pop into your local branch. An appointment may need to be booked. Find your nearest branch

Before applying please remember to read the full details and terms & conditions.

Apply now

Frequently asked questions

  • Call us immediately on 0800 9 123 123 so we can put a stop on your debit card. Lines are open 24 hours a day, 7 days a week.

    If you're abroad dial +44 1908 237 963.

    View call charges

  • You will earn cashback on eligible household bills that are paid by Direct Debit. Household bills include electricity, gas, council tax, water and communications such as mobile and home phone, broadband, paid for TV packages,Santander mortgages and Santander home insurance policies administered and underwritten by Aviva Insurance Limited. 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 also applies to rates in Northern Ireland. Household bills do not include TV licence, maintenance contracts (e.g. boiler repair cover), other insurance contracts, bills for commercial use or commercial mortgages. You will not earn cashback on any other type of transaction (e.g. debit card, standing order, online transfer etc.).

     

    Will my Direct Debits earn me cashback? 

  • Once you meet the eligibility criteria on the account, cashback will be calculated on eligible Direct Debit payments made in the monthly statement period and interest accrued on a daily basis on any credit balance up to £20,000. Before 1 November 2016 a minimum balance of £1,000 is required to earn interest.

     

    Interest is paid into your account on the same day each month, depending on the date you opened or transferred your account. Cashback is paid monthly. You can check your statement or log on to Online Banking to find out when we pay your cashback and interest.

     

    From 6 April 2016, you’ll receive interest gross, with no income tax deducted. Take a look at our information page to learn more.

  • A statement period usually runs from the monthly anniversary of the date you opened/transferred your account, unless you've asked for it to be changed. For example, if your statement date is 18th of the month, your monthly statement period will cover the period from 18th of one month until 17th of the next.

     

    Where we refer to a month when talking about your account, we're referring to the monthly statement period. For example, the monthly overdraft fee cap is based on a monthly statement period. When we ask you to fund the account each month, or talk about paying cashback monthly, we mean the monthly statement period.

     

    You can review exact dates of your monthly statement period by looking at a recent statement.

  • Can't find what you are looking for? More help can be found at on the Current Account FAQs page.

AER explained
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year.

Gross rate explained
The gross rate is the interest rate we pay where no income tax has been deducted.

Rates may change and we pay interest each month.

EAR explained

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.

Information correct as at 15 August 2016.

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Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. www.santander.co.uk. Telephone 0800 389 7000. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/register or by contacting the FCA on 0800 111 6768. Santander and the flame logo are registered trademarks.