Santander Zero Credit Card review August 2019

A great travel companion with big savings on fees.

Travelling abroad is easier with the Santander Zero Credit Card. Take advantage of fee-free currency conversion and cash withdrawals wherever you are in the world.

Finder rating: ★★★★★

Representative example: When you spend £1,200 at a purchase rate of 18.9% (variable) p.a., your representative rate is 18.9% APR (variable).

1 month

0% interest on balance transfers

12 months

0% interest on purchases

18.9%

Representative APR

0%

Foreign transaction charge

Details

IssuerSantander
NetworkMastercard
Annual/monthly fees£0
Balance transfers0% for 1 months reverting to 18.9%
Balance transfer fee3% (min. £5)
Purchases0% for 12 months reverting to 18.9%
Purchases interest-free periodUp to 56 days
Cash advances18.9%
Min. credit limit£500
Max credit limitNot specified
Additional cards available3
IncentiveRetailer offers - 5 Welcome offers of up to 25% cashback at well-known retailers (must switch on Retailer Offers within 60 days of activating card).
Minimum Age18
Minimum income£7,500
ResidencyUK Resident
AvailabilityAvailable to new customers
Annual/monthly fees£0
Balance transfer fee3% (min. £5)
Foreign usage charge (EU)0%
Foreign usage charge (rest of world)0%
Cash advance fee0%
Late payment fee£12
Duplicate statement fee£0
Exceeding limit fee£12
Additional card fee£0
Dormancy fee£0

Expert review

Chris Lilly

Review by


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.

Expert review

The “Zero” in this card’s name refers to both the fees on non-sterling transactions and the rate of interest on purchases at home and abroad (plenty of 0% purchase cards will still charge you interest on non-sterling transactions). If you’re about to head overseas and have a hunch you might come back with a bit of card debt, this card’s got you covered. Impressively, it also boasts the significant benefit of charging no cash withdrawal fee wherever in the world it’s used (just watch out for any fees that the ATM provider might charge).

Put all this together with the fact that there’s no account fee to worry about, and you’ve got a very respectable card both to spread the cost of your holiday and to take with you on said holiday.

The downsides? If you do withdraw cash on the card, then that part of your balance will be charged interest from the date the funds leave your account, at the card’s standard purchases rate of 18.9%. That makes the whole no-ATM-fees-anywhere-in-the-world perk a lot less, well, perky.

Additionally, if you’re simply looking to spread the cost of a large expenditure, then there are numerous longer 0% deals on the market.

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 card compare with other cards offering fee-free spending overseas?

Table: sorted by representative APR, promoted deals first
Updated August 18th, 2019
Name Product Purchases Balance transfers Annual/monthly fees Rep. APR Incentive Representative example
9.9%
6.9%
£0
9.9% p.a. (variable)
Representative example: When you spend £1,200 at a purchase rate of 9.9% (variable) p.a., your representative rate is 9.9% APR (variable).
9.9%
6.9%
£0
9.9% p.a. (variable)
Representative example: When you spend £1,200 at a purchase rate of 9.9% (variable) p.a., your representative rate is 9.9% APR (variable).
24.9%
N/A
£0
24.9% p.a. (variable)
No fees for making purchases or withdrawing cash abroad – currencies are converted at the standard Mastercard exchange rate.
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
9.9%
9.9%
£0
9.9% p.a. (variable)
Representative example: When you spend £1,200 at a purchase rate of 9.9% (variable) p.a., your representative rate is 9.9% APR (variable).
9.9%
9.9%
£0
9.9% p.a. (variable)
Representative example: When you spend £1,200 at a purchase rate of 9.9% (variable) p.a., your representative rate is 9.9% APR (variable).
9.9%
6.9%
£0
9.9% p.a. (variable)
Representative example: When you spend £1,200 at a purchase rate of 9.9% (variable) p.a., your representative rate is 9.9% APR (variable).
14.9%
14.9%
£0
14.9% p.a. (variable)
Representative example: When you spend £1,200 at a purchase rate of 14.9% (variable) p.a., your representative rate is 14.9% APR (variable).
0% for 12 months reverting to 15.9%
0% for 12 months reverting to 15.9%
£0
15.9% p.a. (variable)
Representative example: When you spend £1,200 at a purchase rate of 15.9% (variable) p.a., your representative rate is 15.9% APR (variable).
0% for 12 months reverting to 18.9%
0% for 1 months reverting to 18.9%
£0
18.9% p.a. (variable)
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).
Representative example: When you spend £1,200 at a purchase rate of 18.9% (variable) p.a., your representative rate is 18.9% APR (variable).
18.9%
N/A
£0
18.9% p.a. (variable)
0.5% after £1 of monthly spend. Cashback paid Monthly into Card Account.
Representative example: When you spend £1,200 at a purchase rate of 18.9% (variable) p.a., your representative rate is 18.9% APR (variable).

Compare up to 4 providers

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.

Repayment options

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 Zero Credit Card

If you’ve compared cards and want to apply, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you’ll need to make the process as straightforward as possible.

We exist to help you find better. The offers we've compared on this page are from a range of products whose details we can track; we don't cover every product on the market...yet. Unless we've indicated otherwise, products are shown in no particular order or ranking. The terms "best", "top", "cheap" (and variations of these) aren't product ratings, although we always explain what's great about a product when we highlight it; this is subject to our terms of use. When you make major financial decisions, it's wise to consider getting independent financial advice. Always consider your own financial circumstances when you compare products so you get what's right for you.

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.
Go to site