Santander offers a wide range of bank accounts, from children’s accounts, through student accounts, to basic bank accounts.
The 1|2|3 Current Account enables you to earn money as you spend through a number of cashback incentives and earn interest on money that you have in the account at the end of each month.
The account also comes with everything you would expect from a leading current account, such as a Visa debit card and an arranged overdraft as well as 24-hour online, telephone and mobile banking services.
Santander also has an Everyday Current Account which is essentially the 123 account minus the cashback and interest incentives as well as a basic bank account that offers free basic banking services such as a cash card, direct debit and standing order facilities and direct payments in for wages, pensions or benefits.
What are the advantages of using a Santander current account?
One of the main advantages of opening a Santander current account is that the bank tailors its accounts to suit the needs of specific customers and so you will be able to find an account to suit your requirements whether you are a student or a seasoned saver.
Santander also offers a dedicated switching service that can have your new account up and running, including the transfer of any direct debits or standing orders, within 7 working days so changing your current account needn’t be a headache.
If you are eligible for a 123 account then the major advantage of banking with Santander is the cashback rewards and interest you can earn on the account.
The 1|2|3 Current Account offers 1% cashback on water and council tax bills, 2% on gas and electricity bills and 3% on communications bills such as mobile phones, landline, broadband and subscription television services.
Account holders can also earn 1% interest on balances above £1,000, 2% on balances from £2,000 and 3% on balances between £3,000 and £20,000.
Why use MoneySuperMarket to compare Santander current accounts?
When opening a current account it’s important to find the product that’s right for you are there are different accounts designed for different types of people.
The type of account you can open is dependent upon a number of factors, from age to employment status and credit score, so it important that you shop around to find the account that suits you.
And the MoneySuperMarket comparison tool offers a great way to do this as it allows you to instantly compare a range of accounts from Santander or a number of other providers.