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Santander Zero credit card £10 dormancy fee

Has anyone been slapped with a £10 dormancy fee for not using their Santander Zero credit card for at least three months?

Comments

  • Read the T&C, spend £5-£10 every 3 months & DD setup to clear
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Always pays to read the small print of what you sign up for.

    In the account T&C's.
    2.6 (a) We may close your Account or cancel or suspend your right to use your Account if it has been dormant meaning there have been no transactions or a zero balance for a period of 6 months. Before we do this we will contact you to determine whether you intend to make any further Transactions on your Card. Due to the cost of servicing an account we may at our discretion charge a dormancy fee of £10 if your Account has been dormant.
  • SG_Guy
    SG_Guy Posts: 100 Forumite
    Thanks. I have not been slapped with the charge even though it's been more than three months, so was wondering if others have or have not, too.
  • simax
    simax Posts: 1,977 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    SG_Guy wrote: »
    Thanks. I have not been slapped with the charge even though it's been more than three months, so was wondering if others have or have not, too.

    Probably because the rule is six months ;)
    I spent 25 years in the mobile industry, from 1994 to 2019. Worked for indies as well as the big networks, in their stores also in contact centres. I also hold a degree in telecoms engineering so I like to think I know what I’m talking about 😂
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