Customers who will be availing the Santander World Elite Mastercard will be happy to know that they can get unlimited airport lounge access at over 1,000 airport lounges. Santander also offers access to over 1 million Wi-Fi hotspots around the world with the help of this credit card.
Apart from this, cardholders will also enjoy accessibility to a 24/7 Mastercard concierge service made available to them 24 hours a day, 7 days a week. However, these offers can only be availed by using the card and some fees and charges may be incurred.
Moreover, the Santander World Elite Mastercard also offers its users a 40% online discount on their travel insurance. Customers who avail of this credit card will also have the chance to make foreign purchases or cash withdrawals abroad without incurring additional charges.
On top of this, the card also provides cashback offers of up to 25% from various retailers. However, cardholders would only be given cash back for purchases amounting to £3,000. Any amount in excess of the provided figure will not be given a cashback option. Interested applicants should also note that the cashback offers are only applicable when cardholders make use of Santander’s mobile banking services.
Qualification and Application
Applicants can fill up an application form online. However, to be eligible for this card, interested parties must already be an existing Santander Select or Private Banking customer. They must also be a permanent resident in the United Kingdom as well as having a gross annual income of £7,500 or more.
Only those 18 years old or older may apply. In addition, individuals must bear a good credit standing. Applicants who are successfully granted a Santander World Elite Mastercard will be given a minimum credit limit of £2,000.
Fees and Charges
The credit card has a monthly fee of £15. While the introductory period offers 0% rates for balance transfers and purchases for up to 18 months, the succeeding months will incur a variable rate of 18.9%. Meanwhile, the representative APR is 49.8%. Delayed payments and over-limit spending will also be charged.