Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • Martinslovechild
    • By Martinslovechild 7th Jan 11, 10:02 PM
    • 1,499Posts
    • 1,550Thanks
    Martinslovechild
    Santander CC - 16 Months BT - 0 FEE - Existing Customers Only
    • #1
    • 7th Jan 11, 10:02 PM
    Santander CC - 16 Months BT - 0 FEE - Existing Customers Only 7th Jan 11 at 10:02 PM
    As a "valued customer" (I have a Santander account with a zero-balance which I haven't used in over 12 months), I've today received an application pack for the new Santander Credit Card (this is the red one, not the black 'Zero' card).

    There's a special offer for existing Santander customers - they're offering 0% on balance transfers for 16 months and those transfers are completely fee-free for the first three months.

    Applications for the card must be received by post no later than February 14th.

    I'm gonna party like it's 2005!!

    Mortgage Feb 2001 - 129,000
    Mortgage July 2007 - 0
    Original Mortgage Termination Date - Nov 2018
    Mortgage Interest saved - 63790.60
    ISA Profit since Jan 1st 2015 - 19.67% (updated 14 Jul 2015)
Page 1
  • ses6jwg
    • #2
    • 7th Jan 11, 10:16 PM
    • #2
    • 7th Jan 11, 10:16 PM
    you're not eligible because you arent funding the c/a with 1k per month.
    • Martinslovechild
    • By Martinslovechild 7th Jan 11, 10:55 PM
    • 1,499 Posts
    • 1,550 Thanks
    Martinslovechild
    • #3
    • 7th Jan 11, 10:55 PM
    • #3
    • 7th Jan 11, 10:55 PM
    I've just read through all of the CC documentation and there's nothing at all about a requirement to fund the current account with 1,000 per month.

    The funding requirement is only actually necessary during the first 12 months if you want the 5% interest on the first 2,500 in your current account. However, even then if you don't fund it, you simply earn the lower level of 1%.
    Mortgage Feb 2001 - 129,000
    Mortgage July 2007 - 0
    Original Mortgage Termination Date - Nov 2018
    Mortgage Interest saved - 63790.60
    ISA Profit since Jan 1st 2015 - 19.67% (updated 14 Jul 2015)
  • gwapenut
    • #4
    • 14th Jan 11, 8:35 AM
    • #4
    • 14th Jan 11, 8:35 AM
    Do they have leaflets for this offer in their branches, as was the case with the previous 12 months 0% 0 fee deal?
  • nikki1520
    • #5
    • 14th Jan 11, 8:45 AM
    • #5
    • 14th Jan 11, 8:45 AM
    I got this offer and I only have my mortgage with them, so it doesn't seem to be tied to the current account at all
  • gwapenut
    • #6
    • 14th Jan 11, 10:31 AM
    • #6
    • 14th Jan 11, 10:31 AM
    Do ex Alliance and Leicester accounts qualify for the fee free balance transfers - either this offer, or the previous 12 month one?
  • mrs T
    • #7
    • 14th Jan 11, 4:19 PM
    • #7
    • 14th Jan 11, 4:19 PM
    I went into branch today to open a current a/c (already had an a&l isa) and get 100 instead of being charged to use my arranged overdraft by lloyds tsb. When I asked about credit cards the girl said they had 2 but both incurred a balance transfer fee. I said I'd heard they had a cc with no btf but she insisted this had stopped on 1st of jan so I didn't sign up for a cc. When I checked the website at home they are still offering the zero card to existing customers with no btf and 6 months interest free, which I would have taken in the branch. My tesco 13 months 0% deal finishes in march so if I can't find a cc without a btf I'll just pay it off from my ISA. I think I'll phone them and see if they'll improve on the 6 months offer though, pity their staff don't know their own products.

    Got the same spiel on the phone even though the leaflet I'd been given in the branch said 0% on bt's in the first 3 months. She then she said she would check and came back to say they could offer no btf and six months 0%. I didn't sign up as I don't need it till march but I'll try again in feb to see if they improve thier offer.
    Last edited by mrs T; 11-02-2011 at 9:59 AM.
  • ses6jwg
    • #8
    • 14th Jan 11, 6:09 PM
    • #8
    • 14th Jan 11, 6:09 PM
    In branch, both CCs now carry a 3% fee however the interest free period has been extended from 13 to 16 months for mortgage, investment and eligible current account customers who fund a c/a with more than 1k or switch to us.
    • Martinslovechild
    • By Martinslovechild 16th Jan 11, 10:33 PM
    • 1,499 Posts
    • 1,550 Thanks
    Martinslovechild
    • #9
    • 16th Jan 11, 10:33 PM
    • #9
    • 16th Jan 11, 10:33 PM
    Do they have leaflets for this offer in their branches, as was the case with the previous 12 months 0% 0 fee deal?
    Originally posted by gwapenut
    This looks like it's specifically targetted to certain Santander customers. As I mentioned earlier, I would hardly consider myself "loyal" as I haven't used the Santander account in 12 months - they made so many mistakes operating my current account that I really couldn't trust them any longer!

    Do ex-Alliance and Leicester accounts qualify for the fee free balance transfers - either this offer, or the previous 12 month one?
    Originally posted by gwapenut
    I would imagine so - Alliance & Leicester accounts were all migrated onto Santander's servers some months back (this is well documented due to them making a massive mess of that too!)
    Mortgage Feb 2001 - 129,000
    Mortgage July 2007 - 0
    Original Mortgage Termination Date - Nov 2018
    Mortgage Interest saved - 63790.60
    ISA Profit since Jan 1st 2015 - 19.67% (updated 14 Jul 2015)
  • dentonemma
    Hi,
    I have also received details in the post for 0% BT for 16 mths. It seems to good to miss.
    On the santander Credit card application form I can add an additional card holder my DH.
    Does anyone know if it possible to do a balance transfer to his egg credit card ? (in his name only).
    Thank You
    Pay 7,500 in 2011 paid 29,325 No 43 OP 21,825
    Olympic 78= 20,000 paid 35,708 over paid 15,708
    Mortgage over payment 1996/1497 paid in 2011
    sealed pot 4 number 845
    Weight Loss 29lbs/13lbs
  • sujman
    I was in the process of trying to close my old A&L account when I got this offer too.

    Despite not having funded the account for many months and incurring "under funding charges" and now overdraft charges (as a result of the underfinding charge!), I was still eligable for this deal which I took out.

    So while on the one had I am unhappy with the service I got in trying to close the account and the subsequent hassle of the fees I refuse to pay, fair do's, I've got a great big balance transfered onto their CC and dont have to pay it off until the middle of next year!
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,545Posts Today

6,840Users online

Martin's Twitter
  • RT @MoneySavingExp: Hi folks - the site will be down from 10pm tonight until 8am tomorrow while we re-charge the batteries with some behind?

  • Uk dominating world long jump.Who'd have thought it. Kathy Cook's British 200m record about to go I think. #Beijing2015

  • RT @MoneySavingExp: If you're affected by the #HSBC payments glitch, here's what you need to do (more to follow, when we get it): http://t.?

  • Follow Martin