The frequency of credit cards in all countries in general, such as Portugal, has become more pronounced over time.
In Portugal and in all countries, the use of credit cards has been increasingly sought after in recent times; among so many, one of the most sought after is the Mastercard Light from Banco Santander, as it exempts annual taxes and offers benefits to its customers.
Banco Santander Portugal, also known as "Santander Totta," offers a wide range of financial services, but credit cards are the most popular. Operating in Portugal since 1988, this financial institution is the largest non-governmental organization—a private company that relies on its own shareholders' funds to operate.
Mastercard Light credit card from Banco Santander
In our daily lives, the credit card that has the most functionality is the light card for the convenience of purchases and payments.
To avoid annual fees charged by the card's financial institution, it is interesting that when storing 600 euros in purchases and payments, the customer is exempt from annual fees.
Highlighting one of its functions is that the consumer can reverse a percentage of the credit to the current account.
How does this Banco Santander Card work?
As previously highlighted, the benefit of reverting a percentage of the credit to the current account, when the money runs out and you need it and it takes a while to get it, the money is advanced by transferring it to credit, simplifying the acquisition and payment service, such as paying in installments.
Providing annual tax exemption for at least 600 euros every 3 months with it you can take advantage of the benefits provided.
However, if it does not reach 600 euros every 3 months, the annual fee will be 20 euros per month.
This card offers flexibility between two options for paying your bills.
* Full payment due upon invoice due date.
* Monthly fee with values above 5% of the total amount.
Advantages and disadvantages of the Totta Light credit card
* Card payment with a minimum of 5% with a choice of amounts that fit your budget.
* 24-hour weekly consumer guidance service.
* Multibanco income.
* Mastercard brand known and accepted internationally.
* Provides secure purchases on websites and online stores.
* Cash advance.
* Discounts for Santander members.
Disadvantages of the Totta Light Credit Card
However, like all cards available on the market, there are disadvantages.
Many offer mileage plans, but for those who need frequent international travel, this benefit is not available.
But is it worth having a Santander Light Credit Card?
This card is recommended for customers who spend at least €200 per month. It offers discounts at stores and establishments that carry Mastercard and Santander cards.
If the expense generated and your budget are lower than indicated, the safest option is to look for another card with unconditional free fees.
