Cashback Bank Credit Cards
12.05.11
Santander is offering a new cash back bank credit card to attract more customers in the UK. The new 123 cash back credit card will be available this September, and it will offer customers cash back on everyday purchases.
It is the first card of its type to offer this level o f cash back rewards on a monthly basis. The 123 cash back credit card differs from other cards in that it rewards customers with monthly cash back based on their level of spending. The card will pay 1% cash back on supermarket purchases, 2% on department store purchases, and 3% on fuel. The average account will earn up to 176 pounds cash back per year. The account is being launched in concert with a new bank account which will also pay up to 300 pounds cash back to customers for switching their main account to Santander.