Santander has launched three new credit cards offering customers a number of opportunities to more effectively manage their finances. Customers can now opt for one of the longest balance transfers on the high street, a low balance transfer fee card or one of the longest 0% interest introductory offers on purchases
The new Santander Credit Cards complement Santander’s award-winning 1|2|3 Cashback Credit Card in providing consumers with great value and access to straightforward credit cards that are easy to manage and use.
The three new Santander credit cards are:
Long term Balance Transfer product
• 0% on BTs for 29 months (3% fee)
• 0% on purchases for 3 months
• AER 18.9%
• Cash Rate 29.9%
• Representative APR 18.9%
• Available only as an online exclusive
Purchase product
• 0% on purchases for 18 months
• 0% on BTs for 9 months (3% fee)
• AER 18.9%
• Cash Rate 29.9%
• Representative APR 18.9%
Available only as an online exclusive
Low Fee Balance Transfer product
• 0% on BTs for 17 months (0.9% fee)
• 0% on purchases for 3 months
• AER 18.9%
• Cash Rate 29.9%
• Representative APR 18.9%
• Available in branch, online or over the telephone
Alan Mathewson, Managing Director of Santander Cards, said:
“With the option of 0 per cent on balance transfers for 29 months, or the low fee with a shorter term of 17 months, or the option of 0 per cent on purchases for 18 months, the new Santander Credit Cards are designed to appeal to people who want to manage their finances better, offering some of the most competitive products on the high street.
“We wanted to better meet the needs of our customers who, in the current economic climate, are having to manage their finances more carefully. Our customers have cited good financial management and value for money as priorities, so we wanted to offer a range of competitive products to meet these needs. The simplicity of our new credit cards reflects this and, in combination with our 1|2|3 Cashback Credit Card, there’s now something to help everyone manage their finances.”
Kevin Mountford, head of banking at MoneySuperMarket said:
“At a time when many consumers will be looking to consolidate existing debts or looking for a way of financing a large purchase in the New Year, it is good to see Santander introducing three new credit card products which meet these needs. Santander is giving those looking to consolidate debts two distinct offers, one offering a long interest free balance transfer period, and the other offering a low balance transfer fee, while the 18 month purchase card is a great option for those looking to spend.
“Of late Santander has focused on its 123 proposition however the new additions will give them the ammunition to compete on several fronts, however, as always make sure you choose the products that best suit your everyday needs.”
For further information please visit www.santander.co.uk.