Santander Zero Credit Card review December 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).

12 months

0% interest on purchases

18.9%

Representative APR

0%

Foreign transaction charge

£0

Account fee

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).

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 December 16th, 2019
Name Product Purchases Balance transfers Annual/monthly fees Rep. APR Incentive Representative example
The Royal Bank Credit Card
9.9%
6.9%
£0
9.9% (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).
The NatWest Credit Card
9.9%
6.9%
£0
9.9% (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).
Tandem Bank Journey Credit Card Mastercard
24.9%
N/A
£0
24.9% (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).
Clydesdale Bank B Credit Card Mastercard
9.9%
9.9%
£0
9.9% (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).
Yorkshire Bank B Credit Card Mastercard
9.9%
9.9%
£0
9.9% (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).
Ulster Bank Credit Card Mastercard
9.9%
6.9%
£0
9.9% (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).
Metro Bank Personal Credit Card Mastercard
14.9%
14.9%
£0
14.9% (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).
Nationwide BS Select Credit Card Visa
0% for 12 months reverting to 15.9%
0% for 12 months reverting to 15.9%
£0
15.9% (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).
Santander Zero Credit Card Mastercard
0% for 12 months reverting to 18.9%
0% for 1 months reverting to 18.9%
£0
18.9% (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).
Tandem Bank Cashback Credit Card Mastercard
18.9%
N/A
£0
18.9% (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, you’ll need to visit the Santander website and complete an online application. Make sure you meet the eligibility criteria before applying.

Frequently asked questions

How does 0% interest work?
When you use your credit card, any balance you have needs to be repaid each month, otherwise you’ll be charged interest on the outstanding amount. With the Santander Zero Credit Card, any purchases you make will be interest-free for the first 12 months. After 12 months, you’ll need to pay interest on your balance.
What is a balance transfer?
If you having an existing credit card balance, you can choose to transfer it to a different card with lower rates or better perks. Many credit card provides offer 0% balance transfers, which means you can move your balance without paying interest.
What is fee-free currency conversion?
Most credit cards will charge a percentage fee when you use your card to make a purchase in a foreign currency. With the Santander Zero Credit Card, you won’t pay any fees when paying in a foreign currency or getting money out abroad.
What is Santandar Retailer Offers?
When you make a purchase at certain retailers using your Santander credit card, you can receive up to 15% of the amount as cashback on your account. This includes purchases at Vue Cinemas, JD, Subway, Costa and Morrisons.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though 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, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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