Santander's All in One Credit Card: Cash Back & More
Looking for a credit card that offers cashback and a solid balance transfer deal? Santander's All in One Credit Card might just be your go-to, but watch out for the fees.
The Quick Version
If you're after a straightforward cashback scheme with the perk of 0% balance transfers for up to 20 months, the Santander All in One Credit Card delivers. The catch? A £3 monthly fee and a 21.7% APR once the intro rates expire. Not ideal for everyone, but it fits the bill for strategic spenders.
Santander All in One Credit Card details
Santander All in One Credit Card
What's Inside
This card is part of the Mastercard network, offering 0.5% cashback on all purchases without a spending cap. You'll enjoy 0% interest on both purchases and balance transfers for the first 15 months. The £25 eGift card for signing up via their mobile app is a nice touch, but don't expect a hefty sign-up bonus beyond that. Keep in mind the £3 monthly fee, adding up to £36 annually.
What's Actually Good
The 0.5% cashback on every purchase is an easy win, especially with no cap. Traveling abroad? No foreign exchange fees mean you can spend in the local currency without worrying about extra charges. And that 0% balance transfer for 20 months? It's a lifesaver if you're looking to consolidate debt.
The Catch
Let's talk about that £3 monthly fee. It might not seem like much, but it's £36 a year for a card with a relatively high APR of 21.7% once the intro period ends. Also, no big sign-up bonus might be a dealbreaker if you're hoping to score some quick perks. Finally, a good credit score (700+) is a must, so it's not accessible to everyone.
Who It's For
This card is best for those who are smart with their spending and can pay off their balance before the 0% interest period ends. Frequent travelers and online shoppers will appreciate the no foreign transaction fees. However, if you carry a balance often, the high APR could hit you hard.
The Bottom Line
The Santander All in One Credit Card is a solid choice for disciplined spenders who value cashback and travel perks. But if you're seeking a card with no fees or bigger bonuses, you might want to compare it with others like the Virgin Money Rewards Card. Curious? Check out Virgin Money Rewards: Points Without the Price Tag.
