Banco Santander Puerto Rico AMEX Credit Card

Banco Santander Puerto Rico AMEX Credit Card Review

This is a card issued by Banco Santander. If you're wondering whether Banco Santander Puerto Rico AMEX Credit Card is the right card for you, read on.

Key Takeaways

• Competitive APRs. Banco Santander Puerto Rico AMEX Credit Card has a variable purchase APR that ranges from 9.95% up to 25.95%.
• 2% Balance transfer fee. Banco Santander Puerto Rico AMEX Credit Card charges a fee of 2% on balance transfers. For example, a balance of $1,000 could cost $20 in transfer fees. The minimum fee is $2.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, extended warranty protection on purchases, identity theft protection, purchase protection, travel accident insurance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Banco Santander Puerto Rico AMEX Credit Card

Banco Santander Puerto Rico AMEX Credit Card FAQ

Does Banco Santander Puerto Rico AMEX Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Banco Santander Puerto Rico AMEX Credit Card benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Extended Warranty Protection
• Zero fraud liability
• Travel Accident Insurance
• Reports to major credit bureaus

What are the relevant APRs for Banco Santander Puerto Rico AMEX Credit Card?

Banco Santander Puerto Rico AMEX Credit Card has a variable purchase APR that ranges from 9.95% up to 25.95%. The card has a variable balance transfer APR that ranges from 9.95% up to 25.95%. It also has a variable cash advance APR that ranges from 22.95% up to 25.95%. Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for Banco Santander Puerto Rico AMEX Credit Card?

The following fees apply:

Does Banco Santander Puerto Rico AMEX Credit Card report your account activity to credit bureaus?

Yes, Banco Santander Puerto Rico AMEX Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Banco Santander Puerto Rico AMEX Credit Card

• Visit the Banco Santander Puerto Rico AMEX Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.