Summary Box

The Santander Zero Credit Card

SUMMARY BOX

The information contained in this table summarises key product features and is not intended to replace any Terms and Conditions.

Features:

Summary:

APR:

Typical 18.9% APR (variable)

Other interest rates:

Introductory/Promotional rate

Monthly rate

Annual rate

Purchases:

0% for 3 months from account opening

1.435%

18.9%

Cash Transactions:

N/A

2.045%

27.9%

Balance Transfers:

0% for 12 months from date of account opening

1.435%

18.9%

Interest free period:

Maximum of 56 days for Purchases if you pay your balance in full and on time.
There is no interest free period on Cash Transactions, Balance Transfers and Cheques.

Interest charging information:

If you pay the balance in full, any interest charge for the period from the previous statement to the date of the full repayment will be debited the following month.

* Interest is calculated daily.

	From	Until
Purchases	Date debited to your Account	Repaid in full*
Cash Transactions	Date debited to your Account	Repaid in full*
Balance Transfers	Date debited to your Account	Repaid in full*

Allocation of payments:

If you do not pay the full amount owed on the Account in any month, we will apply your part payment in the following order:

interest;
payment protection premiums;
fees added to your Account , other than those set out below;
fees payable under clause 6.2 on Balance Transfers, Cash Transactions, Credit Card Cheques and Transactions in a foreign currency;
Balance Transfers;
Purchases ;
payments by Credit Card Cheque ;
Cash Transactions.

Where more than one rate applies to any of the above categories of Transaction, the Transaction with the lowest interest rate will be paid off before your other Transactions in the same category.

For full information on allocation of payments see section 5.6 of the Credit Card Agreement.

Minimum repayment:

Each month you must pay at least the minimum payment set out in your statement. The minimum payment will be the greater of:

2.25% of the balance shown in your statement (minimum £5, or the full balance if less than £5); or
the total of payment protection premiums plus interest and fees charged on the statement, plus £5.

Credit Limit

Minimum Credit Limit: £250

Maximum Credit Limit: Subject to status

Annual fee:

No annual fee.

Charges:

Charges apply as follows:

Balance Transfers	3% (minimum £5)
Cash Transactions	0% (minimum £0).
Credit Card Cheques	0% (minimum £0).
Foreign Exchange Fee	0% of the amount of any transaction in a foreign currency
Copy of a Statement	£5 for each copy of a statement
Copy Voucher	£5 for each copy voucher
Dormancy Fee	£10
Extended Balance Transfer Fee	A fee will be charged for Extended Balance Transfers

Default charges:

Overlimit fee	£12
Late payment fee	£12
Payment returned fee	£12
Trace fee	£25 if you do not inform us of a change of your details and we have to trace you

You can avoid paying additional charges by staying within your credit limit and ensuring that payments are received on time.

Summary Box

The Santander Zero Credit Card

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