US EditionSantander statement on increase in account fees for these customers
LANCASHIRE, ENGLAND, JUL 27 – New Santander Edge credit card customers will face a fee increase to £4 monthly and a revised cashback cap of £120 per year, replacing the previous £15 monthly limit.
- From next billing cycle, Santander UK will charge new Edge credit card customers £4 per month instead of £3.
- Amid efforts to widen access, applicants can now qualify for the Edge credit card without a Santander current account, needing only to be 1 year or older, UK residents, and earn over £10,500.
- Adding to these changes, the Cashback offer provides 1 percent cashback in year one up to £10 monthly, and cash withdrawals incur a 3 percent fee with a £3 minimum.
- Existing account holders will continue under the previous terms, retaining benefits like no FX fees and Santander Boosts, as the fee increase applies only to new customers.
- To avoid surprises, cardholders are urged to confirm fee schedules and expiry dates before trips, including checking their card's expiry dates beforehand.
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lancashiretelegraph.co.uk+21 Reposted by 21 other sources
Santander customers issued urgent credit card warning after increase in charges
Santander is increasing the fees that apply to one of its accounts, the Santander Edge credit card.
·Blackburn, United Kingdom
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