Santander Everyday No Balance Transfer Fee Credit Card

A Simple, Fee-Free Way to Tackle Short-Term Debt

CREDIT CARD

Santander Everyday No Balance Transfer Fee

0% interest on purchases 0% interest on balance transfers

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In the crowded UK credit card market, finding a card that truly saves you money from the start can be tricky. The Santander Everyday No Balance Transfer Fee Credit Card is designed for people who want to shift existing debt without being hit by costly upfront charges. Unlike many balance transfer options that add a 2%–4% fee just to move your balance, this card waives that cost entirely. It’s a smart choice for those aiming to clear their balance within a year while keeping expenses to a minimum.

Key Benefits

• 12 months of 0% interest on balance transfers from the date your account is opened.
• No balance transfer fee during the promotional period.
• 0% interest on purchases for the first 3 months, giving you extra flexibility.
• No monthly account fee – you only pay interest once the promotional rates end.
• Access to Santander Boosts for cashback deals and retailer offers.
• Quick, straightforward application with an online eligibility checker.

How It Works

When you open the account, you can transfer balances from other UK credit cards (excluding those from Santander Group) to your new Everyday card. For the first 12 months, those transferred balances won’t accrue interest and there’s no fee to move them.

If you make purchases, they’ll also be interest-free for the first 3 months. After the introductory periods:

• Balance transfers have a 3% fee (minimum £5).
• Standard 24.9% APR (variable) applies to any remaining balance.
• Cash advances have a 3% fee (minimum £3) and a higher rate (around 29.9% variable).
• Payments go towards the highest interest balances first, helping reduce costs faster.

Competitor Snapshot

Best Uses

• Clearing Short-Term Debt – Great for those who can pay off what they owe within 12 months.
• Avoiding Upfront Fees – No need to part with 2–4% just to shift debt.
• Temporary Spending Flexibility – The 3-month purchase offer is ideal for short-term budgeting gaps.
• Combining Balances – Merge multiple credit card debts into one manageable, interest-free plan.

Cost vs. Savings

Transferring a £3,000 balance to this card could save between £60 and £120 in fees compared to most 0% cards with charges. If you clear the balance in 12 months, the savings are purely from avoiding fees, with no interest costs. However, carrying a balance beyond the promo period means the 24.9% APR will quickly offset those benefits – so paying on time and in full is key.

Final Word

For disciplined borrowers who can repay within a year and want to avoid transfer fees, the Santander Everyday No Balance Transfer Fee Credit Card offers a straightforward, low-cost way to get breathing space from debt.