{"id":32507,"date":"2016-11-01T14:00:00","date_gmt":"2016-11-01T07:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-123-account-rate-cut-comes-into-effect\/"},"modified":"2016-11-01T14:10:17","modified_gmt":"2016-11-01T07:10:17","slug":"santander-123-account-rate-cut-comes-into-effect","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-123-account-rate-cut-comes-into-effect\/","title":{"rendered":"Santander 123 account rate cut comes into effect"},"content":{"rendered":"


\nBank 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 cuts, with some experts predicting this could put the brakes on current-account-switching activity, as consumers conclude that the rewards on offer mean that moving bank is no longer worth the hassle. Continue reading…
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\nSource : theguardian.com
\nRead more…Santander 123 account rate cut comes into effect<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bank becomes first of many to slash interest paid to customers, as experts predict slowdown...<\/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-32507","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\/p75ss1-8sj","jetpack-related-posts":[{"id":22939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-slashes-its-123-interest-rate\/","url_meta":{"origin":32507,"position":0},"title":"Santander slashes its 123 interest rate","date":"August 15, 2016","format":false,"excerpt":"\r Savers 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\u2026","rel":"","context":"In "Property News"","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":32507,"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 "Property News"","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":32507,"position":2},"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 "Property News"","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":32507,"position":3},"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 "Property News"","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":32507,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tsb-and-lloyds-to-slash-interest-rates-on-current-accounts\/","url_meta":{"origin":32507,"position":5},"title":"TSB and Lloyds to slash interest rates on current accounts","date":"October 13, 2016","format":false,"excerpt":"\r More bad news for savers as banks cut returns on highest-paying accounts from January, in move that follows SantanderInterest rates available on current accounts are to plummet, after Lloyds and TSB both announced they would follow Santander in slashing the returns on their highest-paying accounts.A day after Lloyds announced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/32507"}],"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=32507"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/32507\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=32507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=32507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=32507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}