1|2|3 Mini Current Account

There’s no monthly fee to maintain the account.

The Fee Information Document details the main fees and charges on this account. For further explanation of our main terms and services take a look at our Glossary

There’s no overdraft facility available with this account.
This means we won't normally let you make a payment out of the account if there isn’t enough money in it. However, there may be times where you make a payment that we can't stop, which will take the account balance below zero. We won't charge you for this.

For children under 13 years of age the account must be opened in trust by an adult (trustee). Trustees must be aged 18 or over, have parental responsibility for the child and have a Santander personal current account. After opening the account, the trustee must manage the account on behalf of the child.

Remember, as a trustee you’ll need to bring some proof of your name and address and your child’s name. See a list of acceptable identification

When the child reaches age 11, the trustee can choose:

• To hand over the account to the child
• To transfer money out of the account before handing over control and ownership, so the trustee can decide how much money the child has access to
• To continue to manage the account until the child is 18 years old

To remove the trust status from an existing account, the trustee must visit us in a branch with the child. For new account openings, the trust status can be removed for all children aged 11 and over the day after account opening.

Accounts cannot be opened in trust for children aged 13 or over.

From the age of 13 onwards, young people must open and manage a 1|2|3 Mini Current Account themselves. 

• The account automatically transfers to an adult current account after the holder’s 19th birthday if it hasn’t been transferred to a different Santander current account before this time. 
• Before transferring the account to an adult account we’ll give 2 months’ notice. 
• The General Terms & Conditions for Current Accounts and Savings Accounts will continue to apply together with any specific conditions in the Key Facts Document for the new account (which we’ll provide to you at the time).
• For accounts not held in trust, at age 16 the account holder can start to earn cashback of up to 15% at a range of major retailers using their Santander debit card through Retailer Offers

If the trust status isn’t removed by the time the young person is 18, the interest rate on the account will change to 0.10% AER/gross (variable), unless we notify you otherwise. At this point, the account can't be transferred to another account in our range but the young person can apply for an adult current account in their own name. We’ll get in touch with more information near the young person’s 18th birthday.

You can access the 123 Mini Current Account anytime, anywhere.

• Online Banking
• Mobile Banking

Face-to-face support in branch and UK-based telephone support:

• In branch
• Telephone Banking
• ATM (for accounts not held in trust)
• Post Office (for accounts not held in trust) to make withdrawals, balance enquiries, cash deposits and cheque deposits
• For accounts held in your name, the account is for you to manage. If you're one of our younger customers you can ask an adult for any help you might need. However, as it's your account, they won't be able to manage it for you. 
• For accounts held in trust, the trustee will be in charge of the account and can manage it through their Online and Mobile Banking

We’ll automatically send you alerts about your balance and payments for example, when your balance falls below zero, a payment has gone unpaid or you need to pay money in to cover a payment. These alerts will be sent by text message and/or email.

You can manage your alert settings through Online Banking, calling us on 0800 9 123 123 or visiting a branch. 

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

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