The Santander All in One Credit Card is a great option for those looking to maximize their rewards. With this card, you can earn cashback on all your purchases, including groceries, gas, and dining out. This means that no matter what you’re buying, you’ll be earning rewards. The cashback you earn will be automatically applied to your account, so you won’t have to worry about redeeming points or miles.
Another great benefit of the Santander All in One Credit Card is the 0% introductory APR on balance transfers for the first 18 months. This makes it an excellent choice for anyone looking to consolidate debt. By transferring your balances to this card, you can save money on interest charges and pay down your debt faster. And with no annual fee, you can enjoy all these benefits without paying a dime.
But that’s not all – the Santander All in One Credit Card also comes with exclusive access to special offers and discounts from top retailers. This can help you save even more money on your purchases. And with the ability to set up automatic payments and receive alerts for important account activity, managing your account has never been easier.
How to apply for the Santander All in One Credit Card
If you’re interested in applying for the Santander All in One Credit Card, the process is simple. You can apply online or by phone. To apply online, simply visit the Santander website and fill out the application. You’ll need to provide some basic information, such as your name, address, and income. You’ll also need to provide your Social Security number and other personal information to verify your identity.
If you prefer to apply by phone, you can call Santander’s customer service line and a representative will walk you through the process. They’ll ask you the same basic questions and help you fill out the application over the phone. Once you’ve submitted your application, you’ll receive a decision within a few minutes.
Bonus rewards categories
In addition to earning cashback on all your purchases, the Santander All in One Credit Card also offers bonus rewards categories. These categories change every few months and typically offer higher cashback rates than the standard rate. For example, one quarter might offer 5% cashback on gas purchases, while another quarter might offer 3% cashback on dining out.
To take advantage of these bonus categories, you’ll need to activate them each quarter. This is a simple process that can be done online or through the mobile app. Once you’ve activated the bonus categories, you’ll earn the higher cashback rate on all eligible purchases made during that quarter.
Additional perks and benefits
The Santander All in One Credit Card also comes with a number of additional perks and benefits. For example, you’ll receive a free FICO credit score each month, which can help you keep track of your credit health. You’ll also have access to a 24/7 customer service line, which can be helpful if you have any questions or concerns about your account.
Another great perk of the Santander All in One Credit Card is the ability to earn a 1,000 on purchases within the first 90 days of account opening. This is a great way to jumpstart your rewards earnings and get even more value from your card.
Potential drawbacks of the Santander All in One Credit Card
While the Santander All in One Credit Card offers a lot of great benefits, there are a few potential drawbacks to keep in mind. For example, the standard cashback rate is only 1%, which is lower than some other cashback cards on the market. Additionally, the bonus categories must be activated each quarter, which can be a hassle for some users.
Another potential drawback of the Santander All in One Credit Card is the balance transfer fee. While the 0% introductory APR on balance transfers is a great perk, there is a fee of 3% (minimum $10) for each balance transfer. This means that if you’re transferring a large balance, the fee could eat into your savings.
Comparison with other credit cards
When considering the Santander All in One Credit Card, it’s important to compare it to other credit cards on the market. One card that is often compared to the Santander All in One Credit Card is the Chase Freedom Unlimited. Like the Santander card, the Chase Freedom Unlimited offers cashback on all purchases and has no annual fee. However, it also offers a higher standard cashback rate of 1.5%.
Another card to consider is the Citi Double Cash Card. This card also offers cashback on all purchases, but it does so in two stages – 1% when you make the purchase, and another 1% when you pay it off. This means that you can earn up to 2% cashback on all your purchases. However, there is no introductory APR on balance transfers with this card.
Conclusion
Overall, the Santander All in One Credit Card is a great option for anyone looking to maximize their rewards and save money on interest charges. With cashback on all purchases, bonus rewards categories, and exclusive access to special offers and discounts, this card offers a lot of value. And with the 0% introductory APR on balance transfers for the first 18 months, it’s an excellent choice for anyone looking to consolidate debt. So if you’re in the market for a new credit card, be sure to consider the Santander All in One Credit Card!