Santander 123 account
Ok Santander have decided to cut the interest rate on this account for the second time this year. This means that the once top of the tree best buy account is now paying 0.6%. A far cry from the top rate of 3% it payed when it was first launched. On top of this the ammount you can earn on the cash back levels has been capped so further reducing what the account pays you. Finally despite all these smacks in the face Santander has the final kick in the teeth and have left the accou t fee at £5 a month so you now need to have a higher balance to earn enough interest to even cover this fee. Well I suppose someone has to pay for the millions in bonuses the CEO and board of directors will get, not to mention the vast sum they will by paying those two (insert expeltive) idiots who do those awful adverts for them. This account has gone from the best buy to being beaten by something the cat has dragged in eaten then vomited on your pillow. My advice to anyone who has this account - change ...