Santander Zero Credit Card Analysis

If you are starting your financial path and looking for a credit card that offers an affordable limit, Santander Zero is an excellent option.

With an initial limit that can be 500 pesos, this card is ideal for anyone wanting to build a credit history in a safe and practical way.

Features of the Santander Zero Card:

• Initial Limit: 500 pesos (can be adjusted after credit analysis).
• Annual Fee: This is the first year, which provides an excellent opportunity for new users.
• Cashback: La Santander Zero offers 1% cashback on purchases made, allowing you to recover part of what you spend.
• Access to Offers: Card holders can enjoy discounts and exclusive offers at a variety of associated stores.
• Virtual Card Issuance: La Santander Zero also allows you to create a virtual card for online purchases, increasing security in transactions.

Benefits:

• Annual Fee Exemption: The exemption of the annual fee in the first year makes Santander Zero an economic option for new consumers. Even after the first year, the annual fee may be waived, depending on the use of the card.
• Construction of Credit History: With an initial limit of 500 pesos, you can start building your credit history responsibly. By paying your invoices on time, you can gradually increase your limit.
• Ease of Administration: Santander offers a mobile application that allows you to easily manage your credit card. You can track your expenses, check your balance and make payments directly from the app.
• Rewards Programs: In addition to cashback, Santander Zero offers access to promotions and rewards, which may vary depending on members and purchases made.
• Customer Support: Santander has a good customer service available 24 hours a day, which allows you to resolve any queries or problems quickly.

Comparison Table:

Feature	Santander Zero Card	Card A (500 Pesos)	Card B (750 Pesos)
Initial Limit	500 pesos	500 pesos	750 pesos
Annual Fee	Exempt in the 1st year	200 pesos	300 pesos
Cashback	1%	1%	2%
Points Program	Not available	Not available	Available

Possible Disadvantages:

• Low Initial Limit: The limit of 500 pesos may not be enough for consumers who make larger purchases frequently.
• Limited Cashback: Although the cashback on the 1% is an advantage, it may be considered low compared to cards that offer higher percentages.
• Annual Fee After the First Year: Although the exemption in the first year is attractive, the annual fee that can be charged after this period must be considered when planning the use of the card.

Usage Tips:

• Payments on Time: To increase your limit and improve your credit history, it is essential that you pay your bills on time.
• Use the Card for Daily Purchases: Use the card for everyday purchases, such as supermarkets and transport, to maximize cashback.
• Take advantage of offers: Keep an eye on offers and promotions available to card holders. This can increase the benefits of your purchases even more.
• Monitor your expenses: Use the Santander app to monitor your expenses and avoid surprises on your monthly bill.

Customer Testimonials:

• Maria, 29 years old: “La Santander Zero was perfect for me. As I was starting to use credit, the 500 peso limit was ideal. The annual exception in the first year helped me a lot to control my finances.”
• José, 34 years old: “The ease of managing the card through the application won me over. The cashback is good, and I'm thrilled to increase my limit in the future.”

How to Request the Card:

To request a Santander Zero card, you can visit a Santander branch or access the bank's official website.

The process is simple and generally requires basic documents, such as official identification and proof of income. You can receive a response about the approval in a few minutes.