Santander Bank

[Jennykenny]

Can you have a current account with them and another bank???
Keep getting conflicting advice, including speaking to Santander.

[Khandro]

Do you mean, can you have current accounts with different banks?

[maggiebee]

I've never heard that you can't have more than one current account but will stand corrected.............I'm often wrong lol.

[bhg481]

Yes you can. I have 4 current accounts. I used to have one with Santander and 2 others but I cancelled the Santander one when they started charging me for not paying in enough each month.

[Peter Pedant]

I wouldnt go near Santander - I am an old All Leics pass book holder and they just look on us as a pain in the arras

considering we pay their wages

The CEO is svelte Spanish woman - wizz a huge annual income - and her tip for the top ? free current accounts have had their day....

well - she clearly expects more and better Cava at shareholder meetings innit ?

[hc4361]

I LOVE Santander. I get around £55 a month back in interest and credit for using direct debit - that's after the £2 a month charge.

I also have a current account with Nationwide

[fiction-factory]

Yes. I do. But for the attractive 123 account you need to pay in at least £500 per month and have at least 2 DDs
http://www.santander.co.uk/uk/current-accounts/123-current-account

[hc4361]

My salary gets paid in to my Nationwide account and I transfer £500 by standing order every month

[poorclare]

Yes I have,

[Mick-the-Miller]

Of course you can, you can have Current Accounts with as many Banks as you like.

Whether it's worth your while is another question.

[New Judge]

I have current acounts wth three banks (including Santander) and all pay me better interest than I can get in a savings account or bond.

You can get round the deposit restriction by setting up "round robin" payments. (Pay £500 from Bank A to Bank B on 1st of the month; pay £500 from Bank B to Bank C on 3rd of the month; pay £500 from Bank C to Bank A on 5th of the month). The bank's computer does not care where it comes from or goes.

[wired]

Yes, of course you can . Many years ago banks used to frown upon customers who had accounts in more than one bank. Santander have a good deal going with their 123 account which , if you meet the criteria, give a better return than some ISAs

[jennyjoan]

yes I'm happy with Santander 123 - it is giving me far far better interest than the ISA which was paying 0.5% - nothing.

I would certainly say you can have as many current accounts - it's your business and nobody else's