Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.
Santander Everyday Credit Card review July 2020
A competitive balance transfer deal with a few extras bolted on.
Enjoy a 18-month interest-free period on your existing credit card debt when you bring it across to Santander. Plus there’s no fee to transfer your balance.
You say: ★★★★★We say: ★★★★★
Doing its job: 4/5
In a nutshell:
0% interest on balance transfers
Balance transfer fee
|Balance transfers||0% for 18 months reverting to 18.9%|
|Balance transfer fee||0% for 18 months reverting to 3% (min. £5)|
|Purchases||0% for 3 months reverting to 18.9%|
|Purchases interest-free period||Up to 56 days|
|Min credit limit||£500|
|Max credit limit||Not specified|
|Additional cards available||3|
|Incentive||Retailer offers - 5 Welcome offers of up to 25% cashback at well-known retailers (must switch on Retailer Offers within 60 days of activating card).|
Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.
Primarily a no-fee 0% balance transfer offer, Santander’s Everyday Card buys you a 18-month break from interest to focus on clearing your card debt.
If you anticipate adding to your card debt in the short-term, however, then you’ll also benefit from 3 months of 0% interest on purchases. After this point, anything you’ve paid for using the card will start to accrue interest at the card’s less-appealing standard rate of 18.9%. Card issuers are obliged to direct your monthly payments towards the most expensive parts of your balance first and foremost, so when that 3 months is up, your monthly repayments will go towards paying off any balance accrued since taking the card out.
If you opt for this card, be sure to opt in to the Retailer Offers scheme as soon as you can (you can do this in your online/mobile banking), to enjoy cashback from major retailers.
How does this offer compare with other balance transfer cards?
When it comes to repayments, you can make manual repayments online or over the phone (0800 389 9905), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.
Choose from the following direct debit options for your monthly repayments:
|Minimum amount||Fixed amount||Fixed percentage||Full amount|
How to apply for the Santander Everyday Credit Card
If you’d like to apply, first make sure you meet the Santander eligibility requirements and have the necessary personal and financial information you’ll need. You can start your application by visiting the Santander website and completing the online form, which should take 10-15 minutes.
Frequently asked questions
What is the maximum credit limit?
What fees will I pay?
How do I join Santander Retailer Offers?
How does my interest-free period work?