Santander Edge Credit Card
Santander
Annual fee
£48
Rewards rate
1%-0%
Welcome Bonus
Potential £48 cashback for existing Santander current account holders.
Apply Now →on Santander's website
Regular APR:37.8% representative APR
- 1%Cashback on all purchases up to £10/month
Welcome Bonus:
Potential £48 cashback for existing Santander current account holders.
Reward Rate:
1% cashback on spending (up to £10/month).
APR:
37.8% representative APR
The standout feature of the Santander Edge Credit Card is its 1% cashback on all purchases, capped at £10 per month, which can be appealing for regular spenders. However, the £4 monthly fee and high APR may deter some potential users.
Pros:
- 1% cashback on all purchases
- No foreign exchange fees
Cons:
- £4 monthly fee
- High APR of 37.8%
The Santander Edge Credit Card may be suitable for individuals who consistently spend enough to benefit from the 1% cashback, while being mindful of the capped rewards and monthly fee. However, those who prioritize lower fees or attractive welcome bonuses may want to consider alternative options.