What you can get
(for a £1 monthly fee to maintain the account)
- Up to 3% cashback on selected household bills, capped at £5 in each cashback tier each month (no cap before 5 May 2020)
- Arranged Overdraft facility (subject to status) - learn more in the 'Overdrafts and charges' section below
- Pay at least £500 into your account a month
- Log onto Online or Mobile Banking at least once every 3 months
- 2 active Direct Debits
- You are over 18 and live in the UK permanently
- You accept that this is a paper-free account, so documents, statements and some letters will be sent to your secure inbox in Online Banking
There’s a £1 monthly fee to maintain the account. We take it from your account automatically each month.
The Fee Information Document details the main fees and charges on this account, including those associated with using an overdraft. For further explanation of our main terms and services take a look at our Glossary
An overdraft lets you borrow through your current account. It’s intended mainly for short term costs or emergencies and isn’t generally suitable for longer-term borrowing. There is a cost associated with using an overdraft. The way you manage your overdraft, for example if you don’t repay your fees and charges regularly, may affect your credit file. This could make it harder or more expensive to get credit with us or other providers in the future.
Overdrafts depend on your circumstances and you must repay any overdraft when we ask in line with our General Terms and Conditions. We may ask you to repay all or part of your overdraft at any time but we'll try to notify you of this in advance.
An arranged overdraft is when we let you borrow up to a pre-agreed limit – you can ask for one when you open your account or at any other time.
An unarranged overdraft occurs when your account goes overdrawn without an arranged overdraft in place or if your account goes over your arranged overdraft limit.
When you try to make a payment that would take you into an unarranged overdraft, we make the decision whether to allow or reject the payment based on your individual circumstances and you may incur a fee.Am I eligible? How much will it cost?
On 6 April we’re changing the way we charge for overdrafts. The table below shows how you’ll be charged for using your overdraft before and after this date.
If you're switching to us there'll be no arranged overdraft usage fee or interest charged for the first 4 months.
We offer other current accounts with different overdraft fees or without the option for an overdraft facility. We also have different 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.
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.
Overdrafts depend on your circumstances and you must repay any overdraft when we ask in line with our General Terms and Conditions.
You’ll be automatically set up to receive text alerts when:
- your account makes or may make use of an unarranged overdraft
- you have regular payments due on your account and you don’t have the funds to cover them
- where a payment is refused as you don’t have enough funds.
You’ll also be automatically set up to receive an alert when:
- your account makes use of an arranged overdraft
- your account goes further into arranged overdraft which may cause the cost to increase.
We’ll send them before your account is charged so that you have plenty of time to pay in money and either avoid or reduce overdraft charges. If we don’t have a valid mobile number for you, we might not be able to reach you.
You can also register for other account alerts to help you to stay on top of your finances. For example, alerts to advise you when your balance has fallen below a set limit, or you have had a deposit into your account greater than a set amount. For more information visit Account alerts
You can manage your alerts settings at any time by using Online Banking, calling us on 0800 9 123 123 or visiting a branch.
To earn cashback you'll need to pay in £500 a month (any interest paid, and payments between Santander personal accounts you’re named on won't count towards this) and have 2 active Direct Debits.
You can earn 1-3% cashback on selected household bills paid by Direct Debit every month. Cashback is paid monthly, capped at £5 per month in each of the 1%, 2% and 3% cashback categories.
There’s no monthly cap before 5 May 2020.
Find out which suppliers you can earn cashback with as well as other exclusions.
1|2|3 Lite Current Account cashback calculator
This calculator is for illustrative purposes only.
- 1|2|3 Lite Current Account Key Facts Document (pdf)
- 1|2|3 Lite Current Account Fee Information Document (pdf)
- General Terms & Conditions (pdf)
To view these documents you may need to download Adobe Reader
You are over 18 and live in the UK permanently.
24/7 banking on all your devices. You can set up personalised account alerts and amend your statement settings once the account has been open for at least 24 hours.
- Online Banking
- Mobile Banking app
- register to receive mobile-to-mobile payments with Paym
- contactless payments with your mobile by linking your Santander debit or credit card to your Apple, Android or Samsung device.
Face-to-face support in branch and UK-based telephone support.
- In branch
- Telephone Banking
- Post Office
Keep your banking details private and secure.
For more information about our approach to security as well as more useful information to help you stop the threat of fraud visit our Security Centre
Your documents, statements and some of your letters will be sent as an e-Document to your secure inbox on Online Banking (unless you require documents in an alternative format, such as braille)
To open the account, you'll need to provide us with an email address as you’ll receive an email when a document is ready to view.
Once the account has been open for at least 24 hours, you can update your account settings at any time to start receiving statements and other correspondence by post. You will still be able to earn cashback as long as you continue to meet the eligibility criteria.
This account doesn’t pay interest.
This account also comes with
Information correct as at 14 January 2020.