New Posts For Thread: Santander 123 accounthttps://community.betfair.com/chit_chat/go/thread/view/94038/30726301/santander-123-accountSlashing the 3% rate in Half , from November will only be 1.5% , on top of the £5 fee they've already added Is it worth having a Bank account at all nowadays ?They'll be charging us soonFat larry tinehttps://community.betfair.com/chit_chat/go/thread/view/94038/30726301/santander-123-account?post_id=549733163#549733163Fat larry tineSun, 21 Aug 2016 17:57:32 -0500RBS to start charging large UK clients to hold cash - negative interest rates?BOOMhttps://community.betfair.com/chit_chat/go/thread/view/94038/30726301/santander-123-account?post_id=549733047#549733047RBS to start charging large UK clients to hold cash - negative interest rates?BOOMSun, 21 Aug 2016 17:30:26 -0500There are better options at the moment I think but only up to about £5k. Yep that's the problem salmon, becomes a right game they want Direct debits & £1500 month paid in just to pay you 5% on 5k it's hardly worth the effort£5 was minimal but nowhttps://community.betfair.com/chit_chat/go/thread/view/94038/30726301/santander-123-account?post_id=549718895#549718895There are better options at the moment I think but only up to about £5k. Yep that's the problem salmon, becomes a right game they want Direct debits & £1500 month paid in just to pay you 5% on 5k it's hardly worth the effort£5 was minimal but nowSat, 20 Aug 2016 13:32:43 -0500*anything paying 1.2% and over would beat the 123 accountmaggotshttps://community.betfair.com/chit_chat/go/thread/view/94038/30726301/santander-123-account?post_id=549715737#549715737*anything paying 1.2% and over would beat the 123 accountmaggotsSat, 20 Aug 2016 09:31:46 -0500Somebody on one of the financial websites worked out that after the santander increase to £5 a month that anyone with less than 9K in would be worse off.Well a rate halfing would double that meaning 18k and under is pointless.Since they have a limithttps://community.betfair.com/chit_chat/go/thread/view/94038/30726301/santander-123-account?post_id=549715631#549715631Somebody on one of the financial websites worked out that after the santander increase to £5 a month that anyone with less than 9K in would be worse off.Well a rate halfing would double that meaning 18k and under is pointless.Since they have a limitSat, 20 Aug 2016 09:26:26 -0500Could have an effect on Betfair?Carrying customer deposits?Will they be charged?In which case i suspect customers may find their commission RATE going UPhttps://community.betfair.com/chit_chat/go/thread/view/94038/30726301/santander-123-account?post_id=549715373#549715373Could have an effect on Betfair?Carrying customer deposits?Will they be charged?In which case i suspect customers may find their commission RATE going UPSat, 20 Aug 2016 09:02:52 -0500It's a bit of a blow. The £5 was always likely and isn't that significant if you keep a lot in it but this rate cut is going to cost me £20 per month on average. Doesn't take effect till Nov. There are better options at the moment I think but onlyhttps://community.betfair.com/chit_chat/go/thread/view/94038/30726301/santander-123-account?post_id=549714667#549714667It's a bit of a blow. The £5 was always likely and isn't that significant if you keep a lot in it but this rate cut is going to cost me £20 per month on average. Doesn't take effect till Nov. There are better options at the moment I think but onlySat, 20 Aug 2016 08:13:22 -0500This could happen sooner than you think.Some banks are already charging corporate customers to deposit cash and there's even a bank in Switzerland that charges private clients........https://community.betfair.com/chit_chat/go/thread/view/94038/30726301/santander-123-account?post_id=549714621#549714621This could happen sooner than you think.Some banks are already charging corporate customers to deposit cash and there's even a bank in Switzerland that charges private clients........Sat, 20 Aug 2016 08:12:33 -0500I've got an ISA and 123 account. Will be moving both. Prob not to a bank account tho.https://community.betfair.com/chit_chat/go/thread/view/94038/30726301/santander-123-account?post_id=549714599#549714599I've got an ISA and 123 account. Will be moving both. Prob not to a bank account tho.Sat, 20 Aug 2016 08:11:26 -0500Slashing the 3% rate in Half , from November will only be 1.5% , on top of the £5 fee they've already added Is it worth having a Bank account at all nowadays ?They'll be charging us soonhttps://community.betfair.com/chit_chat/go/thread/view/94038/30726301/santander-123-account?post_id=549714403#549714403Slashing the 3% rate in Half , from November will only be 1.5% , on top of the £5 fee they've already added Is it worth having a Bank account at all nowadays ?They'll be charging us soonSat, 20 Aug 2016 08:02:49 -0500