24 March 2022: Experian Boost customers can benefit from an exclusive new credit card offer with Santander.
Experian customers that have raised their credit score through Experian Boost, will receive a £40 Amazon voucher when taking out a Santander Credit Card though Experian Marketplace (offer ends 28 March 2022). This is the highest voucher reward credit card offer currently in market*.
Sebastian Worbs, MD Products at Experian Consumer Services said: “We are thrilled to partner with Santander on this exclusive offer for customers who have boosted their credit score. We launched Experian Boost to help people improve their creditworthiness and access the right financial products for them. Working with partners like Santander allows us to offer more choice to people at the moment they need it, in a way they can afford.”
Anthony Redpath, Product Proposition Manager at Santander said: “We're excited to partner with Experian and support this innovative initiative. We recognise the potential of additional insights from Experian Boost, which can give us an even more rounded view of an applicant's affordability, helping more people access credit responsibly.”
*Based on credit card offers promoted on Money Saving Expert and Be Clever With Your Cash on 15th March 2022.
About Experian Boost
Experian Boost is an exclusive free service that helps consumers to instantly improve their credit score by contributing regular transactional information, such as council tax and subscription payments, to their credit information.
Experian customers can connect their bank account to their Experian account, via Open Banking. Their accounts are then scanned for an up-to-date view of how they manage their money before the level of score boost is calculated. Users can increase their credit scores by up to 101 points, which could mean a customer moves up two score bands.
Lenders are using these additional data points to make more risk based decisioning. With the rising cost of living and consumers finances being stretched, the value of additional data points means lenders could make more informed lending decisions and offer credit to a wider range of people.
Almost 1.2 million people in the UK are already using Experian Boost, with 63% receiving an instant increase to their Experian Credit Score.
Media contact:
Priya Sahib, Consumer PR Manager, Experian
Tel: 07816 491 152 / Email: priya.sahib@experian.com
About Experian
Experian is the world’s leading global information services company. During life’s big moments – from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers – we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.
We have 20,000 people operating across 44 countries and every day we’re investing in new technologies, talented people, and innovation to help all our clients maximise every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.
Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.
About Santander
Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 December 2021, the bank had around 19,200 employees and serves around 14 million active customers, via a nationwide branch network, telephone, mobile and online banking. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers’ eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) in the UK.