Santander launches new ‘Edge’ current account as it withdraws popular 123 Lite brand

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Santander launches new ‘Edge’ current account as it withdraws popular 123 Lite brand
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🔴 Santander has launched a new ‘Edge’ current account, while withdrawing its popular 123 Lite account from the market.

At the same time, the bank is discontinuing the 123 Lite current account for new customers. This account offers up to three per cent cashback on selected household bills, capped at £5 in each cashback tier each month for a £2 monthly fee.

Santander said it was withdrawing the Lite account as there is a higher cashback cap and better interest earnings for Santander Edge, helping peopleIt also enables customers to save for the future through the exclusive savings account, Santander Edge Saver. “The exclusive saver also provides a preferential rate for people looking to earn interest on their easy-access savings. Added to this, we’ve enhanced our app, with more in-app benefits being rolled out over the coming months.”

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