Santander price hikes

Changes for Santander customers:

123 Current Account, monthly fee goes to £5 from £2

123 Credit Card annual fee rises to £36 from £24

123 Credit Card cashback reduced...
e.g. 1% on supermarket spend and 2% on department stores limited to £3 a month each

Affects 3.6 million current account customers, and 1.8 million with credit cards

Blow for credit card customers softened by temporary holiday from 2.95% foreign transaction charge