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Santander
Enjoy 0% interest on balance transfers for 12 months, no transfer fee, and a representative APR of 24.9% (variable). No monthly fee. Credit limits typically around £1,200.
The Santander Everyday No Balance Transfer Fee Credit Card is an attractive offer for those seeking to manage debt with minimal added costs. This card stands out with its 0% interest on balance transfers for 12 months and, even better, no balance transfer fee during this introductory period. The representative APR is 24.9% (variable), while the typical credit limit offered is around £1,200, making it accessible to many applicants. There is no monthly account fee attached to this card.
How to Apply
To apply, you’ll need to be a UK resident aged 18 or over, with an income of at least £10,500 annually and no history of bankruptcy or CCJs within the last six years. Begin by checking your eligibility online, a process that won’t affect your credit score. After confirming eligibility, complete the application form. Upon approval, activate your new card, and transfer any existing credit balances within 45 days to take advantage of the 0% offer.
Benefits of the Card
First, the no-fee balance transfer combined with 0% interest for 12 months can provide substantial short-term savings for those consolidating credit card debt. Additionally, the card offers 0% interest on purchases for the first three months, giving you some breathing space if you need to make essential buys early on.
Drawbacks to Consider
One downside is that after the initial 12-month period, any new balance transfer will incur a 3% fee, and the interest rate reverts to the standard 24.9% APR. Also, there are foreign transaction fees on overseas purchases, and withdrawing cash comes with high charges and instant interest.
Our Verdict
The Santander Everyday No Balance Transfer Fee Credit Card is a strong option for those wanting to shift debt without incurring extra fees. It’s best suited for disciplined spenders who plan to clear their balance transfer within the promotional period. For everyday use beyond the introductory offers, other cards may provide better ongoing benefits. We recommend this card if you’re focused on short-term debt reduction and want simplicity with no monthly fees.
