Santander's 123 Lite current account is being replaced with a new Santander Edge account
Santander's 123 Lite current account is being replaced with a new Santander Edge account - which offers consumers up to £20 in cashback a month for a £3 fee.
Both bills and spending are capped at £10 cashback each month, meaning consumers can get their hands on £20 in total. As well as this, to be eligible for Santander Edge current account, customers need to have a minimum of £500 credited into their account every month and at least two active direct debits.
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