By: Kate Anderson | Updated: 8th February, 2019.
The Santander Zero Credit Card is zero by name and zero by nature, with no foreign transaction fees on purchases when made in the local currency and no cash withdrawal fees anywhere in the world.
You can use the Santander Zero Credit Card abroad and not worry about being charged fees. It offers the double benefit of no foreign transaction fee and no cash withdrawal fee both in the UK and abroad, making holiday spending with the card easy and relaxed.Read full review >
|Representative||18.9% APR (variable)|
|Purchase rate||18.9% p.a. (variable)|
|Assumed credit limit||£1,200|
You can use this card abroad and not worry about being charged fees. It offers the double benefit of no foreign transaction fee and no cash withdrawal fee both in the UK and abroad, making holiday spending with the card easy and relaxed.
This is a credit card that you can use abroad without having to pay to do so. Plus, with it being part of the Santander family, this means that cardholders can benefit from cashback offers.
I worked on the front line of personal-finance best buys for over eight years at one of the world’s largest research companies, Nielsen. I reported daily on the developments of the 2008 financial crisis and beyond, keeping up with the changing financial landscape and providing insights to all the major banks in the UK. I know the key players in the market and the tactics behind how they behave. All of which I will apply to highlight the best deals and give honest reviews to help you in your search.
If you are looking for a travel card then the lack of fees will be the main draw, but you should also look at what else a card offers.
The Santander Zero Credit Card beats some of its competitors purely by having the combination of no fees on foreign transactions and no fees on cash withdrawals. However, it is worth mentioning that some other cards on the market offer longer interest-free introductory periods and more rewarding cashback programmes alongside fee-free overseas usage.
Santander requires applicants to have a good credit record and to have not been declared bankrupt or had a county court judgement (CCJ) or individual voluntary arrangement (IVA) within the last six years.
Additionally, you will need a gross annual income of £7,500 in order to apply and to have not already held a Santander Zero Credit Card.
Applications can be made through the bank’s website or you can apply at your nearest Santander branch.
In the application you will need to provide your personal details, address history for the past three years, details of your yearly income and outgoings, and an email address.
You can make one balance transfer request as part of the application (balances from Santander or cahoot cards will not be accepted). Further balance transfers can be made through online banking once your application has been successful and your credit card has been activated.
If you are in the market for a credit card to use while abroad then the Santander Zero Credit Card is one to consider. Unlike other travel cards, it doesn’t charge for cash withdrawals when you are away – something that typically carries a fee of around 3%. Added to that there being no fees on purchases abroad and you are looking at a card that allows you to relax with your holiday spending.
However, if you need a card that also offers introductory interest-free periods for balance transfers and purchases then it is best to look at other options. At one month interest-free this card doesn’t really compete, plus any balance transfers would be subject to a fee of 3%.
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