Transform your purchases into support for causes and still enjoy great advantages!

The Santander LikeU Credit Card is an innovative option that combines financial benefits with the opportunity to support important social causes.

Each color of the card is linked to a unique social cause, such as education, health, and the environment. This way, your purchases help transform lives.

In addition to being customizable, the card offers cashback, interest-free installment payments, and no annual fee, making it an excellent choice for those seeking practicality and savings.

Want to take advantage of these benefits and also contribute to social causes? Learn more about the Santander LikeU Credit Card and discover how it can transform your finances!

Get to Know the Santander LikeU Credit Card: Cashback, No Annual Fee and Support for Social Causes

The Santander LikeU Credit Card is an excellent option offered by Banco Santander Mexico, a reliable institution with over 1,000 branches across the country.

Customers with good credit history can start with limits of $1,000 or $2,000, which can be increased by demonstrating good financial behavior through the “Reto LikeU” program.

With no annual fee, up to 6% cashback, and interest-free months, the Santander LikeU Credit Card attracts those looking for convenience and financial benefits.

In addition, it allows you to support social causes, making it the ideal choice for those who want to combine financial benefits with positive impact.

Main Benefits of the Santander LikeU Credit Card

The Santander LikeU Credit Card offers a range of exclusive benefits that make it an attractive option for those seeking financial advantages and positive social impact.

Among the main benefits are cashback, no annual fee, and the possibility to split purchases into interest-free installments. Keep reading to find out more!

Cashback

You receive up to 6% cashback on purchases made in specific categories such as pharmacies and restaurants. A percentage of the amount spent is returned with each purchase.

Additionally, cashback is a way to maximize your daily spending. By accumulating this return, you can use it for future purchases or pay part of your bill.

No Annual Fee

The Santander LikeU Credit Card has no annual fee, as long as you meet the minimum monthly spending requirement. By using it frequently, you can enjoy the benefits without extra costs.

If you do not meet the minimum amount, a small maintenance fee will be charged, but the money spent on purchases can offset this charge, making the card beneficial.

Interest-Free Installments (MSI)

The LikeU Credit Card allows you to split your purchases into up to 18 interest-free installments. This makes it easier to pay for higher-value items without putting a strain on your budget.

With automatic installment options, this advantage allows you to buy what you need without worrying about high-interest charges.

Contactless Technology and Security Codes

You can make payments via contactless technology, making the purchase process faster and more secure. This technology eliminates the need to insert the card into the machine.

Each transaction is protected by a unique security code, further increasing protection against fraud. Using innovative technologies ensures peace of mind during purchases.

Extended Warranty

You can count on an additional warranty of up to one year for purchased products. This means more security and protection for your purchases.

This extended warranty is valid for various types of products. If something happens to the product after the purchase, you can use the warranty for replacement or repair.

ATM Withdrawals

The Santander LikeU Credit Card allows you to withdraw money from ATMs, providing more convenience. You can withdraw cash whenever necessary.

It is important to remember that cash withdrawals may incur fees, so it is advisable to use them sparingly. The fees vary based on the withdrawal amount and location.

The Colors of the Santander LikeU Credit Card and Their Causes

The Santander LikeU Credit Card offers a unique way to personalize your card by allowing you to choose the color that aligns most with your values.

Each card color is associated with a different social cause, offering not only financial benefits but also the opportunity to support important projects.

• LikeU Purple: By choosing this color, you directly contribute to raising awareness and supporting women affected by breast cancer.
• LikeU Green: Choosing this color means supporting initiatives dedicated to environmental preservation, working for a more sustainable future.
• LikeU Blue: By choosing this color, you support projects focused on cleaning and conserving the seas and oceans.
• LikeU Pink: This color is linked to the fight against breast cancer and the promotion of women’s health.
• LikeU Estrella: The LikeU Estrella color supports the development of children with special needs, such as cerebral palsy and autism.
• LikeU White: Dedicated to combating child malnutrition, this color supports providing essential care for children in vulnerable situations.

Eligibility Requirements for Applying for the Santander LikeU Credit Card

To apply for the Santander LikeU Credit Card, you must meet a few basic requirements. Check out the main ones below.

• Minimum Age: Be at least 18 years old and no older than 69 years.
• Minimum Income: Prove a minimum income of $7,500 per month.
• Proof of Address: Provide a current proof of address, no older than two months.
• Credit History: Have a good credit history with the bank or other financial institutions.

If you meet these requirements, you can apply for the Santander LikeU Credit Card and start enjoying its exclusive benefits.

Step-by-Step Guide to Apply for the Santander LikeU Credit Card

Applying for the Santander LikeU Credit Card is simple and quick. Follow the steps below to secure yours.

• Access the Santander Website or App: Go to the official portal or app and select the option to apply for the card.
• Fill in Your Personal Information: Provide your name, age, CPF, and address. You will also need to provide your monthly income.
• Choose the Card Color: Select the LikeU Credit Card color that best matches your values and the cause you want to support.
• Submit the Required Documents: Submit your proof of address and income to complete the application review and approval process.

After completing these steps, you will receive a response regarding your application and can start enjoying all the card’s benefits.

Applicable Fees for the Santander LikeU Credit Card

The Santander LikeU Credit Card offers a variety of benefits but also comes with some fees that are important to understand before applying. Stay aware of the costs.

Understanding the main fees will help you take full advantage of the card’s benefits without surprises at the end of the month.

Annual Fee and Maintenance Fee

The Santander LikeU Credit Card has no annual fee as long as you meet a minimum monthly spending requirement of $200. Otherwise, a maintenance fee will be charged.

If you do not meet the spending requirement, a maintenance fee of $169 + VAT will be charged monthly. This applies to all cardholders without exception.

This maintenance fee is an alternative for those who do not make frequent purchases but can be avoided by meeting the monthly spending goal.

So, if you use the card regularly, you can enjoy its benefits without extra costs, ensuring a great cost-benefit relationship.

Annual Interest Rate

The annual interest rate for the Santander LikeU Credit Card is around 66.26%. This rate may vary depending on the customer’s credit profile.

This rate is applied to the card balance if you choose not to pay the full bill. It is always recommended to pay in full to avoid interest.

Although the rate is relatively high, if you pay your bill on time, you won’t have to worry about interest. The card is advantageous when used responsibly.

Therefore, by carefully managing your spending and always paying the full balance, the Santander LikeU Credit Card offers great benefits without extra fees.

Total Annual Cost (CAT)

The Total Annual Cost (CAT) of the Santander LikeU Credit Card is approximately 90.6% per year, excluding VAT. This fee reflects all costs associated with using the card.

The CAT includes interest, fees, and other costs that may be applied throughout the year. Be sure to calculate your card’s cost, especially when splitting purchases.

While the CAT is relatively high, it can be minimized by using the card wisely, taking advantage of benefits like cashback and interest-free months.

With proper planning, the CAT doesn’t have to be a problem. Responsible use can ensure you get the most out of the card’s benefits without significant additional costs.

Cash Withdrawal Fee

If you need to withdraw money using the Santander LikeU Credit Card, a 10% fee will be charged on the withdrawn amount.

This withdrawal fee is common for credit cards and can impact your bill, as it is not a conventional cash withdrawal but one that incurs high-interest charges.

Avoid using the cash withdrawal option unless absolutely necessary, as it can incur extra costs. Use the credit for purchases when possible.

Remember that by opting for withdrawals, you will be paying more than the amount withdrawn due to the applied fee. Stay mindful of this when using the card.

Card Replacement Fee

If your card is lost or damaged, the Santander LikeU Credit Card has a $140 Card Replacement Fee. This covers the cost of issuing a new card.

This fee applies regardless of the cause of the problem, whether theft, loss, or natural wear of the card. It is worth taking care of your card to avoid this cost.

Although this is a reasonable fee, it is always good to be vigilant about the security of your card. If your card is stolen, you can request a replacement at no additional cost.

This shows that, while replacement comes with a cost, it is an affordable and simple solution if an unforeseen event occurs.

Balance Transfer Fee

If you wish to transfer a balance from another card to the Santander LikeU Credit Card, a 3% fee will be charged on the transferred amount.

This fee is how the bank manages the transfer process, but it can be advantageous if you consolidate your debts in one place, paying fewer interest fees.

It’s important to analyze whether the balance transfer is worth it in terms of total costs, including the fee and any interest that may apply to the transferred balance.

If you cannot pay off the full balance, this fee can be useful for reducing the impact of your debts and reorganizing your financial situation more affordably.

Inactivity Fee

The Santander LikeU Credit Card charges an inactivity fee of $169 + VAT if the cardholder does not make any purchases for 6 months.

This fee was implemented to encourage regular card usage. If you don’t make any purchases during this period, this amount will be charged to your monthly bill.

If you do not use the card frequently, it’s important to keep this inactivity fee in mind. However, by using the card regularly, you can easily avoid it.

Therefore, by keeping the card active and making at least one purchase per month, you can enjoy the benefits without worrying about this charge.

Conclusion

The Santander LikeU Credit Card offers a great combination of cashback, no annual fee, and support for important social causes.

With the ability to personalize the card color, you can also support a meaningful cause, such as education or environmental preservation, while saving money.

Understanding the card’s fees and commissions is essential to enjoying its benefits without surprises. Proper use can help you avoid additional costs, such as interest and fees.

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