Santander Launches Ultimate Cash Back(SM) Credit Card

Earning cash back on everyday purchases has become much easier with Santander Bank's newest credit card – the Ultimate Cash Back℠ Credit Card – with consumer benefits that truly live up to its name. Introduced today, Santander's new Ultimate Cash Back Credit Card is the only credit card that earns cardholders an unlimited 1.5% cash back on all purchases with no cap and no annual or transaction fees.* "The Ultimate Cash Back Credit Card is the most straightforward card on the market. With easy-to-understand rewards and no surprise restrictions buried in fine print, whether cardholders are dining out, gassing up the car, buying groceries, or making any number of routine purchases, big or small, they will get 1.5% of their money back without paying any hidden fees," said Ravi Acharya, Head of Consumer Lending and Innovation at Santander Bank. He added, "We designed the Ultimate Cash Back Credit Card to take the guessing out of cash back rewards. Consumer research tells us that credit card users want a flexible, easy-to-use credit card that doesn't nickel and dime them with unnecessary fees and ensures they're going to earn money back on their purchases. At Santander, we want our customers to have the best possible experience when using our products and the Ultimate card is one of our many new initiatives that truly makes banking with Santander effortless." Ultimate benefits of the Ultimate Cash Back Credit Card include:

• Unlimited 1.5% cash back on all purchases across all categories with no cap.
• No fees in five common categories – more than any comparable competing product:
  • No annual credit card fee
  • No foreign transaction fee
  • No balance transfer fee
  • No cash advance fee
  • No returned payment fee
• $100 cash back bonus after spending $500 on new purchases within the first 90 days of activating and using the card.
• Low introductory Annual Percentage Rate (APR)** for the first 12 billing cycles on balance transfers made within the first 90 days of activating and using the card with NO balance transfer fee.

Santander is committed to providing customers with financial products and services that best suit their individual needs. The Bank recently announced customers can add their Santander credit and debit cards to Apple Pay, giving them an easy, secure and private way to make payments at participating merchants in stores, apps and on the web using their Apple devices. Santander has also expanded its mobile platform, introducing user-friendly upgrades and adding new features that make navigation easier. The Bank will be adding more features and enhancements to its consumer mobile app throughout 2017. For more information on the Santander Ultimate Cash Back Credit Card, check eligibility or learn how to apply, please visit: www.santanderbank.com/ultimate.