Re: And More Interest Rate Reductions
Posted: July 22nd, 2020, 8:34 pm
And it gets worse
Santander 123 lite account have reduced the cashback on bills and increased the cost of having the account
They have increased the cashback on water to 3% but reduced it on telecommunications to 1% , and are increasing the maintaining account fee to £2
Personalty hardly worth it as I will only make £1.14 per month for 10 months a year ,and in the two months when there's no council tax , I will loose 13p Per month so over a year I will get £11.14
Understand the changes on cashback also affect the 123 standard account so if you have less than £4k in there its not worth having anymore
Santander 123 lite account have reduced the cashback on bills and increased the cost of having the account
They have increased the cashback on water to 3% but reduced it on telecommunications to 1% , and are increasing the maintaining account fee to £2
Personalty hardly worth it as I will only make £1.14 per month for 10 months a year ,and in the two months when there's no council tax , I will loose 13p Per month so over a year I will get £11.14
Understand the changes on cashback also affect the 123 standard account so if you have less than £4k in there its not worth having anymore