Santander Edge Credit Card 2% Cashback

wiseonesomeofthetime

My DD will come from my Chase Savings account, so looks like I won't get that £18, but probably took that into account when I applied tbh.

I have zero DDs attached to my Santander Edge account, in order to evade the monthly fee, so foregoing that £18, would save me £36, over the year that my CC will be used.

crumpet_man

Yes the DD from edge current account is a requirement to receive the £18 reward.

I will take a gamble that one DD and paying in less than £500 per month to my edge account will not trigger the edge current account £3 monthly fee.  If it does, I'll close it and open a new one.

WillPS

https://www.santander.co.uk/landing/santander-edge-offer

Available soon in Wayback Machine here: https://web.archive.org/web/20240619194223/https://www.santander.co.uk/landing/santander-edge-offer

NoodleDoodleMan

Maybe I'm missing something - but how does an Edge credit card holder avoid the £3 monthly fee ?

The £18 carrot, where applicable, is the equivalent of a six month worth of the fee - but doesn't remove the fee element.

crumpet_man

NoodleDoodleMan said:

Maybe I'm missing something - but how does an Edge credit card holder avoid the £3 monthly fee ?

The £18 carrot, where applicable, is the equivalent of a six month worth of the fee - but doesn't remove the fee element.

Why do think the Edge credit card £3 fee is avoidable?  Is there anything in the above comments or Santander website which indicates the £3 fee does not have to be paid?

NoodleDoodleMan

Thanks for answering my question.

There appears to be some confusion between various aspects of the Edge current account and the Edge credit card.

That's why I reckoned the Everyday current account as being acceptable to apply for the latter.

TwiceNightly

crumpet_man said:

NoodleDoodleMan said:

Maybe I'm missing something - but how does an Edge credit card holder avoid the £3 monthly fee ?

The £18 carrot, where applicable, is the equivalent of a six month worth of the fee - but doesn't remove the fee element.

Why do think the Edge credit card £3 fee is avoidable?  Is there anything in the above comments or Santander website which indicates the £3 fee does not have to be paid?

Yes there is, at the top of page 2

wiseonesomeofthetime

TwiceNightly said:

crumpet_man said:

NoodleDoodleMan said:

Maybe I'm missing something - but how does an Edge credit card holder avoid the £3 monthly fee ?

The £18 carrot, where applicable, is the equivalent of a six month worth of the fee - but doesn't remove the fee element.

Why do think the Edge credit card £3 fee is avoidable?  Is there anything in the above comments or Santander website which indicates the £3 fee does not have to be paid?

Yes there is, at the top of page 2

Took a look at page 2, and could not see anything there that showed the £3 monthly fee for the credit card being avoidable.

wiseonesomeofthetime

Santander really are taking their sweet time to produce my first statement. Though they did state 24-26 of the month, I have already maxed out this month's cashback expenditure and am waiting to use up the next one.

Basically, it is car insurance (renewal) time. Chase exclude this, hence main reason I got this card (for 12 months only anyway).

Tomorrow is the MSE-declared "sweet spot" for insurance renewal quotes, not that any insurance premium is "sweet" atm as going to be significantly more than last year, for sure.

NoodleDoodleMan

Did you get a chance to call Santander - and, if so, any joy ?