Santander Bank, formerly known as Sovereign, has introduced the Bravo MasterCard offering members triple points on every dollar they spend on gas, groceries and dining. Cardholders can rack up 15,000 points per quarter on these purchases. All other purchases earn one point per dollar.
Earning and redeeming
A calculator on the website allows members to keep track of how many points they have earned in the different categories so they can get the maximum value. After reaching the 15,000 point threshold, cardholders earn points at a rate of one point per dollar
For every 10,000 points earned members get $100 in rewards. People can then cash in their points for cash, merchant gift cards, or airline tickets.
When points are redeemed for travel there are no blackout dates and points do not expire.
There is a $49 annual fee with the Bravo card, but it’s waived the first year for new members. To be eligible, they must apply by March 31.
Travel rewards and perks
Folks can access special savings and extras with the Bravo card, and it comes a concierge service. When booking hotel stays members receive complimentary room upgrades, early check-in/late checkout, free breakfast for two, and special amenities at 4- and 5-star hotels.
While traveling, members receive around-the-clock expedited security and immigration processing, as well as being able to book a “Meet and Greet” agent to escort them on arrival, departure, and to connecting flights.
Bravo is the first card released under the new Santander brand. They also revamped their banking services, including the launch of their a checking account that pays customers $20 a month when they receive $1,500 in direct deposits and pay two bills a month with their account.
Santander Bank is one of the top 25 retail banks in the U.S., with branches in Connecticut, Delaware, New Hampshire, New Jersey, New York, Pennsylvania and Rhode Island. It is a subsidiary of the Santander Group, a global financial institution.