Santander All in One credit card – 30 months 0% interest on purchases and balance transfers, no BT fee, 0.5% cashback, retailer cashback, £3/month fee (avoidable)
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Santander All in One credit card – 30 months 0% interest on purchases and balance transfers, no BT fee, 0.5% cashback, retailer cashback, £3/month fee (avoidable)

Editor 31
Editor
Found 24th Jan
Santander has revamped its All in One Credit Card Mastercard, making it a possibly unbeatable deal for an all-round credit card.

The new improved All in One card offers:

  • 0% on balance transfers for 30 months from date of account opening.
  • No balance transfer fee.
  • 0% on purchases for 30 months from date of account opening.
  • 0.5% cashback on all of your purchases with no cap.
  • No foreign transaction fees on purchases made abroad in the local currency.
  • Purchases outside of the interest-free offer will be charged at 15.9% pa / 21.7% APR.
  • Cashback offers of up to 25% with selected retailers if you register for online/mobile banking and switch on “Retailer Offer”. More details about Retail Offers are here

£3 monthly fee and how to avoid it


The All in One card comes with a £3 monthly fee. However, this fee is avoidable in one of two ways:

  • Firstly, the fee is waived for six months if you open (or already have) a 123 current account, a Select current account or a Private current account. To qualify, you need to activate your All in One credit card and then set up a direct debit to pay your card from your qualifying current account within 30 days of opening your current account or All in One credit card.
  • Secondly, the card offers 0.5% cashback on purchases. If my calculations are correct, this means spending £600 a month on the card will result in cashback of £3, effectively making the card fee-free.

No foreign transaction fees

The All in One card is also fee-free abroad. However, there are two important caveats.Firstly, you need to make sure all purchases or cash withdrawals made abroad are in the local currency.
This means you need to avoid the dynamic currency conversion (DCC) trick. DCC is when an overseas retailer or ATM offers to convert your purchase/ATM withdrawal into your home currency (i.e. British pounds) for you. Although this might sound convenient, it actually means you’ll end up with a worse rate than if your card issuer (i.e. Mastercard/Visa) does the conversion. So, make sure you always opt to pay in the local currency.
Secondly, only make cash withdrawals (at home and abroad) using your credit card in an emergency. A cash transaction fee is charged on all cash withdrawals and they also attract a higher rate of interest which is charged immediately (i.e. without the usual 56-60 interest-free days).

Why I like this card

Decent (admittedly not table-topping) 0% deals on both purchases and balance transfers; no BT fee; 0.5% cashback (again, not the best reward but pretty good); fee-free abroad (will save regular travellers a packet); and up to 25% cashback on selected retailers (although I suspect most deals are much less than 25%).
This card is a great-all rounder - the only issue is the £3 monthly fee but you can avoid this by either having a Santander current account (for the first six months) or using the cashback to pay the £3 fee each month.
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I cant see what is so great about this card for many people. So if you spend £600 it cancels out the £3 charge but there are many credit card companies that dont charge and still give you cashback. Santander have gone from being one of the best interest payers to one of the worst in a matter of a few years.
One of my main tasks this year is to withdraw as much of my money out of Santander into a better paying account. If more people would do the same Santander would have to think hard about if they stay. I am sure that they will be relying upon many who still either think loyalty or just cant be bothered moving.
31 Comments
mod
Thanks for posting @writergirl74 , I've added an image ; not 100% sure that's the right card so please feel free to edit if it's not. Thanks.
Original Poster Editor
Looks ok to me, thank you.
J Doe? Outrageous ! Whats happened to John Smith ?
Fab card. Pity cant get any airmiles from spending, otherwise I be all over this one.
Prefer keeping Balance Transferable Debt and Current spending on two separate cards. Suggest the 29 month Halifax 0% card with no fee for Balance Transfers and the 31 month Sainsbury's 0% card for current spending. Both with no fee. Unlikely on my part to put £600 a month on one card.
I cant see what is so great about this card for many people. So if you spend £600 it cancels out the £3 charge but there are many credit card companies that dont charge and still give you cashback. Santander have gone from being one of the best interest payers to one of the worst in a matter of a few years.
One of my main tasks this year is to withdraw as much of my money out of Santander into a better paying account. If more people would do the same Santander would have to think hard about if they stay. I am sure that they will be relying upon many who still either think loyalty or just cant be bothered moving.
Old.Gold7 m ago

There are many credit card companies that dont charge and still give you …There are many credit card companies that dont charge and still give you cashback


Name them
stevenjameshyde5 m ago

Name them


I use Tesco CC which gives you clubcard points
stevenjameshyde8 m ago

Name them


Aqua card 0.5% on all purchases, Asda 1% in shop, 0.5% everywhere else. Also there is an Amex card with even higher cashback but they are not as widely accepted.
alekc4 m ago

Aqua card 0.5% on all purchases, Asda 1% in shop, 0.5% everywhere else. …Aqua card 0.5% on all purchases, Asda 1% in shop, 0.5% everywhere else. Also there is an Amex card with even higher cashback but they are not as widely accepted.


Thanks - I've generally ruled out Aqua in the past as the cashback is capped and their credit limits are rubbish, but the Asda option is interesting
Thanks for the informative posts in this thread.
Old.Gold42 m ago

I cant see what is so great about this card for many people. So if you …I cant see what is so great about this card for many people. So if you spend £600 it cancels out the £3 charge but there are many credit card companies that dont charge and still give you cashback. Santander have gone from being one of the best interest payers to one of the worst in a matter of a few years. One of my main tasks this year is to withdraw as much of my money out of Santander into a better paying account. If more people would do the same Santander would have to think hard about if they stay. I am sure that they will be relying upon many who still either think loyalty or just cant be bothered moving.


Yeah.....I completely get your points but it's not quite that straight forward as good old Martin Lewis points out here.... blog.moneysavingexpert.com/201…ng/ Savings rates are crap across the board. One can only hope they start to go up soon.
I still struggle to find a better card for rewards than the amex gold if you would spend £2000 in the first 3 months to get the 20,000 points sign up bonus. That's conservatively worth £100, but spent wisely can be worth more than £200. It is free in the first year and you get 2 free airline lounge passes as well. Obviously no good for balance transfers and has to be paid off each month.
I use nationwide cc, 0.5% cashback, no foreign fees, no monthly fees
garngad50aseason5 h, 43 m ago

J Doe? Outrageous ! Whats happened to John Smith ?



Don't worry, he's still on HUKD login screen when I wanted to like your comment

33125439-Iqk7J.jpg
BigJmac198247 m ago

I use nationwide cc, 0.5% cashback, no foreign fees, no monthly fees


Looks like you need a nationwide current account too.I have an old nationwide credit card with free extended year cover on electrical items,had it for years.Still charges for foreign currency transactions I believe but the free extended cover was very useful.However I just received a letter this week advising me that from 28th February this is being withdrawn so no longer any incentive to say with nationwide.

I did consider the asda cashback card mentioned earlier but from their website it seems to indicate all cashback earned is only available to spend in store at asda via voucher so not a true cashback card.Also the asda contactless card puts me off as have zero confidence in contactless and prefer chip and pin.Have emailed asda for clarification.Santander and Nationwide both offer a change to old style chip and pin free of charge though if not happy with contactless.
stevenjameshyde1 h, 26 m ago

Thanks - I've generally ruled out Aqua in the past as the cashback is …Thanks - I've generally ruled out Aqua in the past as the cashback is capped and their credit limits are rubbish, but the Asda option is interesting


Well, they do give them to people with no credit history (as it was in my case in the beginning), so I was satisfied with them. Also regarding the credit limit: it's true you start with a really rubbish one, but every 3 months (more or less) you can ask for a bump. Right now my limit is around 2500.

Also another option (I made an application just now) is Natwest Reward: they give you 125£ for switch, and if you have a Reward account (which gives household cashback) you can have their reward credit card with waived monthly fee, which offers 1% on all major supermarkets and 0.5 everywhere else.
BigJmac19821 h, 24 m ago

I use nationwide cc, 0.5% cashback, no foreign fees, no monthly fees



Nationwide stopped cashback for new customers on that card a couple of weeks ago, and I'm fairly sure I got something in the post advising that the 0.5% cashback was cut to 0.25% for existing customers.
alekc3 h, 3 m ago

Aqua card 0.5% on all purchases, Asda 1% in shop, 0.5% everywhere else. …Aqua card 0.5% on all purchases, Asda 1% in shop, 0.5% everywhere else. Also there is an Amex card with even higher cashback but they are not as widely accepted.


Aqua card cashback is capped and only paid once a year plus the low credit limit heavily restricts cashback.
Not bad.
jaques_kalis55 m ago

Asda CC



Not really cashback though, small print says it is issued as a voucher to be spent instore only at asda.
Misleading banner suggests you can get cashback and "avoid" any fee.
You cant really avoid the fee. Yes you might sometimes spend £600 and earn £3 in cashback, but so what, youre still paying the fee as well.
no bt fee?
stevenjameshyde24th Jan

Name them



Even AMEX offer 0.5% cashback and no fee. It's not as widely accepted as some other cards but, combined with a Nationwide card plus the Halifax Clarity for abroad, it's all you need.
I had the original 123 credit card, which was great - until they increased the fee and cut the rewards, rendering it pretty much useless.
Hmm I see what you're saying about avoiding the £3 fee via the cashback. However as I already have existing cashback cards I could spend on instead I'd be missing out on cashback there, so effectivity it is still costing me £3/month after the first 6 months.

In my case I'd be better off sticking with existing cashback cards for spending and getting an alternative 0% no fee BT card.

Also I assume the up to 25% off retailer offers are the ones already available via my existing 123 account and debit card?
£660 PM for £3 back
garngad50aseason20 h, 2 m ago

J Doe? Outrageous ! Whats happened to John Smith ?


They've stopped giving credit cards to beer and have started giving them to dead people.
stevenjameshyde24th Jan

Thanks - I've generally ruled out Aqua in the past as the cashback is …Thanks - I've generally ruled out Aqua in the past as the cashback is capped and their credit limits are rubbish, but the Asda option is interesting



Aqua will generally lower your interest rate and up your credit limit depending on how you conduct your account ....
aitchem24th Jan

Even AMEX offer 0.5% cashback and no fee. It's not as widely accepted as …Even AMEX offer 0.5% cashback and no fee. It's not as widely accepted as some other cards but, combined with a Nationwide card plus the Halifax Clarity for abroad, it's all you need.I had the original 123 credit card, which was great - until they increased the fee and cut the rewards, rendering it pretty much useless.


You have to spend a min of £3000 a year for cashback with AMEX classic card (no annual fee). Bit of a con IMO. Also there is no option to have a chip and pin card so if you are not a fan of contactless you will have to look elsewhere.Santander offer a free revert to a chip and pin card if requested.
Bully3 h, 57 m ago

You have to spend a min of £3000 a year for cashback with AMEX classic …You have to spend a min of £3000 a year for cashback with AMEX classic card (no annual fee). Bit of a con IMO. Also there is no option to have a chip and pin card so if you are not a fan of contactless you will have to look elsewhere.Santander offer a free revert to a chip and pin card if requested.



True, it's £3000 a year minimum spend (giving £15 cashback by the way) but the Santander requires £600 a month just to cover the fee, which makes a £7,200 minimum yearly spend only to break even. Also with the AMEX, there are thresholds; below £5000, it's 0.5% cashback and over £5000, it's 1%. So, spend £7200 on the Santander - net profit zero. Spend the same on the AMEX, net profit £47! .. No contest!!
Not sure about your other point. My current card is chip and pin - no contactless - and doesn't expire until next year. Maybe they'll give me a contactless one then.
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