Santander 123 Credit Card Summer Bonus Cashback Offer

LONDON, July 4, 2012 /PRNewswire/ --

- 1% cash back on spend in restaurants and bars

- Available from 2 July - 30 September 2012

- £10 million in cash back paid to 123 customers

From this week, Santander 123 Credit Card customers can benefit even more from their 123 Credit Card. This summer customers will be able to earn an extra 1% bonus cash back on all restaurant and bar spending, in addition to the existing three cash back areas, 1% on supermarket spending, 2% on department store spending and 3% in petrol stations. The 1% cash back offer is valid at most major restaurants and bars throughout the UK including Pitcher & Piano, All Bar One, Slug & Lettuce, Wetherspoons, The Living Room, Jamie's Italian, Zizzi, Nandos, Strada, Pizza Express, Prezzo, and many others. For a full list of the bars and restaurants included, visit http://www.santander.co.uk/creditcards.

Adam Mussert, Director of Santander Cards, commented: "When we first launched the 123 Credit Card we promised offers like these. Our card has proved so popular with our customers and we wanted to offer them something extra on top of the usual cash back to enjoy over the summer. Whether you're having lunch with friends, a drink after work or treating the family to a meal out, you'll now earn an extra 1% cash back on this spending too."

Since we launched, Santander has given its 123 customers over £10million1 in cash back. That's across the 123 Credit Card and 123 Current Account. We are also extending our fee refund offer, so if you have the 123 Current Account, we'll refund the fee when you take out the 123 Credit Card as well, saving £242."

The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions.

Notes to Editors

1) That's across both the 123 Credit Card and 123 Current Account.

2) For both new and existing customers we will refund your first year's annual fee if you also have a 123 Current Account. This offer is valid until 31/12/12.

About Us

Santander UK plc is a full-service retail and commercial bank providing services to 25 million customers, with more than 1,300 branches and 28 regional business centres. It is a wholly owned subsidiary of Banco Santander. Santander UK plc manages its affairs autonomously, with its own local management team, responsible solely for its performance. Over 90% of the assets on Santander UK plc's balance sheet are UK based and it is subject to full supervision of the Financial Services Authority (FSA) in the UK. Santander UK plc customers are protected by the Financial Services Compensation Scheme (FSCS) in the UK. Sovereign exposures to Europe (excluding UK) as at March 2012 are not significant at less than 1% of total assets and primarily relate to Swiss government. Total exposure to periphery countries is c. 0.3% of total assets. Banco Santander (SAN.MC, STD.N, BNC.LN) is a retail and commercial bank, based in Spain, with a presence in 10 main markets. Santander is the largest bank in the euro zone and is among the top fifteen in the world by market capitalization. Founded in 1857, Santander had EUR 1.383 trillion in managed funds, more than 102 million customers, 14,760 branches - more than any other international bank - and 193,000 employees at the close of 2011. It is the largest financial group in Spain and Latin America. Furthermore, it has significant positions in the United Kingdom, Portugal, Germany, Poland and the U.S. northeast. Santander Consumer Finance operates in the Group's core markets as well as in the Nordic region. In 2011, Grupo Santander registered EUR 7,021 million in recurring net profit.

SOURCE Santander