{"id":22939,"date":"2016-08-15T15:55:15","date_gmt":"2016-08-15T08:55:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-slashes-its-123-interest-rate\/"},"modified":"2016-08-15T16:00:12","modified_gmt":"2016-08-15T09:00:12","slug":"santander-slashes-its-123-interest-rate","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-slashes-its-123-interest-rate\/","title":{"rendered":"Santander slashes its 123 interest rate"},"content":{"rendered":"<p>&#013;<br \/>\nSavers hit by a rate cut which is six times larger than the recent Bank of England reductionSantander is slashing the rate of interest on its highly popular 123 current account by half, in a move that will hit more than 500,000 customers. From 1 November account holders will receive just 1.5% interest, compared to 3% previously, in a cut that is six times the recent 0.25% reduction in Bank of England base rate.  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/aug\/15\/santander-slashes-123-interest-rate-savers\" target=\"_blank\">Santander slashes its 123 interest rate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Savers hit by a rate cut which is six times larger than the recent Bank&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-22939","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5XZ","jetpack-related-posts":[{"id":32507,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-123-account-rate-cut-comes-into-effect\/","url_meta":{"origin":22939,"position":0},"title":"Santander 123 account rate cut comes into effect","date":"November 1, 2016","format":false,"excerpt":"\r Bank becomes first of many to slash interest paid to customers, as experts predict slowdown in switching current accountsMillions of people holding Santander\u2019s hugely popular 123 current account will see their interest rate halved on Tuesday.The Spanish-owned bank is the first in a line of institutions to implement rate\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-tesco-offering-a-3-current-account-every-little-really-does-help\/","url_meta":{"origin":22939,"position":1},"title":"With Tesco offering a 3% current account, every little really does help","date":"November 5, 2016","format":false,"excerpt":"\r \u2022 Santander has halved the rate on its 123 account, so it\u2019s time for savers to shop around for better returns\u2022 Borrowers, meanwhile, can get their hands on a cheapest-ever personal loanLooking for a better return on your savings? Here\u2019s a tip: get yourself down to Tesco. The decision\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1741,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-santander-raises-its-fees-check-that-123-still-adds-up\/","url_meta":{"origin":22939,"position":2},"title":"As Santander raises its fees, check that 123 still adds up","date":"January 16, 2016","format":false,"excerpt":"\r Rival banks are lining up to win you over if the \u00a360-a-year levy is a price rise too far. We look at the best alternatives if you decide to switchIn the same week that Santander raised the fees on its popular 123\u00a0current account to \u00a360 a year, a price\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-increases-charge-on-hugely-popular-123-account\/","url_meta":{"origin":22939,"position":3},"title":"Santander increases charge on hugely popular 123 account","date":"January 8, 2016","format":false,"excerpt":"\r Up to a third of account holders will pay more in fees than they will receive from the bank every year, a Money Saving Expert poll saysCustomers of Santander\u2019s popular 123 current account will see monthly charges rise to \u00a35 on Monday, leaving up to a third paying more\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22961,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tsb-to-launch-current-account-with-5-interest-rate\/","url_meta":{"origin":22939,"position":4},"title":"TSB to launch current account with 5% interest rate","date":"March 12, 2014","format":false,"excerpt":"\r Bank hopes to lure customers by offering joint-highest rate on balances of up to \u00a32,000 in increasingly competitive marketTSB bank is launching a current account aiming to entice new customers with the promise of 5% interest on all balances up to \u00a32,000.Following in the footsteps of Santander and more\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fixed-rate-mortgages-at-new-low-even-for-borrowers-with-a-small-deposit\/","url_meta":{"origin":22939,"position":5},"title":"Fixed-rate mortgages at new low, even for borrowers with a small deposit","date":"February 6, 2015","format":false,"excerpt":"\r First Direct and Barclays slug it out as Bank of England holds base rate at 0.5%Interest rates on fixed-rate mortgages have fallen to new lows, with First Direct and Barclays engaged in a price war that is pushing the cost down even for those with relatively small deposits.The cuts\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22939"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=22939"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22939\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=22939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=22939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=22939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}