Carrying out a balance transfer may not be recommended on credit cards that have very high interest rates.

Therefore, it is always a good idea to look for cards like the Everyday Long Term Balance Transfer credit card, a financial product from Banco Santander that offers its users a welcome bonus.

Where cardholders can take advantage of an interest-free period for transferring balances. Throughout this article, we will analyze how this occurs, as well as addressing other issues related to the card.

Why we recommend the Everyday Long Term Balance Transfer credit card

If you’ve done a little research on credit cards, then you’re probably already well aware of how virtually endless the alternatives are.

Therefore, it is important to understand what is the main strength of becoming a candidate for the Everyday Long Term Balance Transfer credit cards.

Of all its benefits, we will mention what is certainly one of the biggest differences of this financial product: balance transfer.

Something that may even be among the benefits of other credit cards, however, on the credit card in question, cardholders are exempt from fees for 29 months.

So, there’s no need to rush against time, as you only have super short or even medium exemption periods at your disposal.

With the Everyday Long Term Balance Transfer credit card, the user is exempt from fees for long enough to be able to set up a long-term plan.

What can I use the Everyday Long Term Balance Transfer credit card for?

When you come across a credit card that catches your eye, it is very important to check its main modes of use.

This brief analysis shows whether what you have in mind is among the card’s specialties, indicating whether or not it is a strong candidate to be part of your portfolio.

In this sense, there are many ways to use the Everyday Long Term Balance Transfer credit card, so we will not be able to cover them all in a single article.

But don’t worry, as we have chosen two good ways to use them, which we will discuss in detail below, so be sure to check them out.

Balance transfer

With the Everyday Long Term Balance Transfer credit card, as one of its main uses is balance transfer, it is no surprise that it has an exemption from fees for this service.

When activating the financial product in question, the term begins to apply, allowing the transfer of balance without this ending up becoming a large debt, due to abusive fees.

The credit cards in question have a very flexible limit, which helps, making it possible to use them quite commonly.

This would mean concentrating all expenses from other cards on the Everyday Long Term Balance Transfer, making financial control much easier.

Safer online shopping

 With a very flexible credit limit, the Everyday Long Term Balance Transfer credit card is also a safe alternative for payments.

Having systems to prevent different frauds, credit card cloning and also the leaking of sensitive user data.

Therefore, for those who prioritize security, it may be worth choosing the credit cards in question for purchases in a virtual environment.

It is worth mentioning that these security systems are still useful when using the financial product for in-person purchases, as they are also designed for these scenarios.

Advantages of the Everyday Long Term Balance Transfer Credit Card

The Everyday Long Term Balance Transfer credit card is built with a series of benefits that seek to provide you with a very complete financial product.

Below we list the main reasons for becoming one of the holders, check it out:

• Contactless payment
• Card accepted internationally
• ATM withdrawals
• Application for management
• Very flexible credit limit
• Secure card for online purchases

Disadvantages of Everyday Long Term Balance Transfer Credit Card

Applying for the Everyday Long Term Balance Transfer credit card is relatively simple on the official website.

However, your application is demanding, especially with regard to requirements involving the candidate’s income or credit score.

Therefore, anyone who has not yet started to build a good credit history will not have such a favorable chance of being approved as a holder.

How is the credit analysis done on the Everyday Long Term Balance Transfer credit card?

At Banco Santander, its financial products and services have a very similar credit analysis, with the credit score and history being the pillars.

For the Everyday Long Term Balance Transfer credit card, you must have an acceptable score and a credit history free of bankruptcies and defaults.

As for bankruptcy, the bank requires that in the last 6 years, the candidate for ownership of this credit card has not declared being in this situation.

In a very straightforward way, the better your credit score and credit history, the better your chances of applying for the card.

Is there a maximum and minimum amount for the Everyday Long Term Balance Transfer credit card?

The official Santander bank website only has information regarding the credit limit available on Everyday Long Term Balance Transfer cards.

Where, the bank informs that the maximum limit of this financial product is 1,200 Euros, while no value has been defined as a minimum value.

What is known about the bank cards in question is that they have a very flexible limit, adapting to credit needs.

Therefore, it is estimated that this feature is also present in this credit card, where if the initial limit is too low, it is possible to request an increase.

Want to apply? Learn how to get the Everyday Long Term Balance Transfer credit card right here

Click the button below to check the steps for applying for the Everyday Long Term Balance Transfer credit card, everything takes place through the official Santander bank website.