Santander is closing Unusual Bank Memoir with 3% Cashback This day

Santander is closing it 123 Lite Contemporary Memoir This day, Leaving Customers to Look for In varied areas for Its Favoured Cashback Perks. Right here’s what you possess got to perceive in regards to the cluster

Santander ATM
Santander is Axing Its 123 Lite Contemporary Memoir(Image: AFP By procedure of Getty Pictures)

Santander is scrapping a accepted Bank Memoir This day, Forcing Customers to Glimpse Cashback Advantages In varied areas.

The Banking Massive is Axing Its 123 Lite Contemporary Memoir. The Memoir, which Launched in 2016, supplied 3% Cashback on Family Bills for a £ 2 Month-to-month Payment. Memoir Holders Can also Also Obtain 3% Cashback on their Gasoline and Electricity Bills By procedure of This Product.

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

Santander Defined: “Following A Evaluate of Our 123 LITES Contemporary Memoir, Which modified into as soon as Final on Sale to Unusual Customers in November 2022, and to Simplify Our Product Differ, We possess now decked is the particular time to possess the Memoir.

Santander is Also Ditching The 1% Cashback Deal on Supermarket, Gasoline and Breeze Purchas on It Its Santander Edge Contemporary Memoir from September 9, 2025.

Fortunately, This Memoir Will MainTain Its 1% Cashback on Bills, Studies That is Money. This Memoir Carries A £ 3 Month-to-month Payment Which Wold Gape Customers Paying £ 36 Yearly.

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The establish Else Can You Restful Safe Cashback?

If you happen to are sorrowful about missing out on cashback to your bills, picks are readily available. JP Morgan’s Digital Bank, Toddle, Presents 1% Cashback on Groceries, Breeze and Gasoline Purchas up to a Ceiling of £ 15 per 30 days.

Nationwide’s Flexdirect Memoir Presents 1% Month-to-month Cashback, of up to £ 5 a month, on Debit Card Spending. The Memoir Also Presents 5% Hobby on Balances in the Memoir up to £ 1,500.

That is COULD EARN YOU £ 75 Over the year if basically the most amout modified into as soon as maintained in the Memoir. Conceal that after a year, howver, the rate of interest drops to 1%.

On the Different Hand, Zopa Bank’s Unusual Contemporary Memoir Pays 2% Cashback on Up to £ 1,500 of Invoice Allege Debits for 300 and sixty five days, with the Rate Guaranteed for 12 Months.

Zopa Also Presents 2% Hobby on Money Balances, With No Limit on How Considerable Customers Can Create. The Rate is fastened for 300 and sixty five days and willn thatn Grow to be variable.

This Follows News of Santander Launching Unusual Bank App Feature It Claims Will Protect Its Customers from Scammers.

A fresh update to its oneapp banking app provides Unusual Know-how that automatically blurs the USSER’S MOBILE SCREEN TO USSERS FROM BANKING WEND SCREEN DETECTED.

The Formulation Sees Scammers exhaust Some distance off Safe entry to and Conceal screen Sharing Know-how to Enter Accounts and Verify Private Info.

Scammers are professional in persuading targets to gain official Conceal screen Sharing Instrument, Adore Anydesk or TeamViewer, and Gaining Safe entry to to Mobile Shows and GDPR and Passwords, Equivalent to Mobile Banking Credentials.

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