Santander is closing Standard Bank Account with 3% Cashback This day

Santander is closing it 123 Lite Fresh Account This day, Leaving Customers to Explore In other places for Its Favoured Cashback Perks. Here’s what it is miles crucial to hold about the cluster

Santander ATM
Santander is Axing Its 123 Lite Fresh Account(Image: AFP By technique of Getty Photos)

Santander is scrapping a favored Bank Account This day, Forcing Customers to Glimpse Cashback Advantages In other places.

The Banking Big is Axing Its 123 Lite Fresh Account. The Account, which Launched in 2016, provided 3% Cashback on Family Bills for a £ 2 Month-to-month Fee. Account Holders Might well Additionally Precise 3% Cashback on their Gasoline and Electrical energy Bills By approach to This Product.

Santander 123 Lite Customers Will Be Transferred Automatically to Its Fresh Account, THOUGH THIS PROVIDES NO INTEREST ON BALANCES OR CASHBACK REWARDS.

Santander Outlined: “Following A Review of Our 123 LITES Fresh Account, Which modified into Closing on Sale to Contemporary Customers in November 2022, and to Simplify Our Product Fluctuate, We have decked is the coolest time to appreciate the Account.

Santander is Additionally Ditching The 1% Cashback Deal on Supermarket, Gas and Lunge Purchas on It Its Santander Edge Fresh Account from September 9, 2025.

Fortunately, This Account Will MainTain Its 1% Cashback on Bills, Experiences Here is Money. This Account Carries A £ 3 Month-to-month Fee Which Wold Gape Customers Paying £ 36 Yearly.

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The place Else Can You Unexcited Gain Cashback?

While it is doubtless you’ll even be miserable about lacking out on cashback to your funds, doubtless picks will more than seemingly be found in. JP Morgan’s Digital Bank, Lope, Supplies 1% Cashback on Groceries, Lunge and Gas Purchas up to a Ceiling of £ 15 per month.

Nationwide’s Flexdirect Account Supplies 1% Month-to-month Cashback, of up to £ 5 a month, on Debit Card Spending. The Account Additionally Supplies 5% Passion on Balances in the Account up to £ 1,500.

Here is COULD EARN YOU £ 75 Over the 365 days if the utmost amout modified into maintained in the Account. Describe that after a 365 days, howver, the fervour rate drops to 1%.

On the Other Hand, Zopa Bank’s Contemporary Fresh Account Will pay 2% Cashback on As a lot as £ 1,500 of Bill Insist Debits for Year, with the Price Guaranteed for 12 Months.

Zopa Additionally Supplies 2% Passion on Money Balances, With No Limit on How Mighty Customers Can Accomplish. The Price is mounted for 365 days and willn thatn Was variable.

This Follows Recordsdata of Santander Launching Contemporary Bank App Characteristic It Claims Will Protect Its Customers from Scammers.

A most fresh change to its oneapp banking app affords Contemporary Technology that automatically blurs the USSER’S MOBILE SCREEN TO USSERS FROM BANKING WEND SCREEN DETECTED.

The Manner Sees Scammers use Remote Gain admission to and Show Sharing Technology to Enter Accounts and Verify Non-public Recordsdata.

Scammers are professional in persuading targets to catch real Show Sharing Tool, Admire Anydesk or TeamViewer, and Gaining Gain admission to to Cell Screens and GDPR and Passwords, Such as Cell Banking Credentials.

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