Santander UK
Santander Edge credit card
A Santander UK cashback credit card offering 1% cashback on purchases, capped monthly, with no foreign exchange fees when spending abroad in the local currency. It has a monthly fee, so it is best for people who spend enough to offset the fee.
Highlights
Main benefits
- 1% cashback on purchases
- Cashback capped at £10 per month
- £4 monthly account fee
- No foreign exchange fees on overseas purchases in local currency
- Up to 56 days interest-free on purchases if paid in full and on time
- Good non-Amex cashback option
- Useful for travel spending
- Best value when monthly spend is high enough to offset the fee
Fees
Fees and charges
Joining fee
£0
Renewal fee
£4 per month
Annual fee waiver
No standard annual fee waiver; the card has a monthly account fee.
Who can apply
Eligibility
- Representative APR: 37.8% APR variable
- Purchase rate: 29.9% p.a. variable
- Assumed credit limit: £1,200
- Monthly fee: £4
Santander’s page also indicates applicants need a personal UK Santander current account, excluding cahoot, Cater Allen, and Business Banking accounts.
Checklist
Documents required
- Identity details
- UK address details
- Income and employment details
- Santander current account details
- Financial information for credit assessment
Process
How to apply
Apply online through Santander UK. Existing Santander current account customers can check eligibility and apply through Santander’s official credit card page.
Value
Reward and cashback structure
Reward rate
1% cashback on purchases, capped at £10 per month. Santander also highlights no foreign exchange fees on purchases abroad when paying in the local currency.
Cashback
Cashback is earned on card purchases at 1%, up to a maximum of £10 per month. Because the card has a £4 monthly fee, the effective maximum net cashback is around £6 per month, or £72 per year, if the user earns the full £10 monthly cashback every month.
Good fit
Pros
- Non-Amex card, so acceptance is wider
- Simple 1% cashback rate
- No foreign exchange fees on overseas purchases
- Useful for travel and everyday spending
- Can earn up to £10 cashback per month
- Better acceptance than Amex in many UK merchants
Watchouts
Cons
- £4 monthly fee reduces real cashback value
- Cashback capped at £10 per month
- Needs enough spending to make the fee worthwhile
- No lounge access
- No premium travel benefits
- High representative APR if balance is not paid in full
- May require a Santander personal current account
Related
Related cards
Compare
Compare Cards
| Field | Santander Edge credit card | Amex Platinum Cashback Everyday Credit Card |
|---|---|---|
| Bank/provider | Santander UK | American Express |
| Joining fee | £0 | £0 |
| Renewal fee | £4 per month | £0 |
| Best for | UK users who want simple cashback plus no foreign exchange fees on overseas purchases | Everyday cashback, No annual fee users, UK users who can spend £3,000+ per year, People who prefer simple cashback instead of points |
| Reward rate |
|
|
| Cashback |
|
|
| Lounge access | No | No |
| Fuel surcharge waiver | No | No |
| Welcome benefit |
|
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| Annual fee waiver condition |
| Not applicable because the card has no annual fee |
| Eligibility |
|
|
| Apply link | Apply | Apply |