Santander Debito LikeU review

Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Santander Debito LikeU suits everyday spending in Mexico that earns a cashback rate of 3% and works as a debit card, debit. It carries a monthly fee of MXN 9.90 while Monzo Flex and Wise charge £0 and £0, so the rebate has to outpace the fee.

Key facts

Best for
Day to day card spending in Mexico where the cashback offsets the monthly charge.
Monthly fee
MX$9.90↗
Card type
Debit↗
Cashback rate
3%↗
Official website
santander.com.mx

Facts checked September 26, 2026, 2 sources

Apps and profiles

Pros and cons

Pros

  • Earns cashback on spending at a rate of 3%
  • Runs as a debit card, debit, so balances come straight from the current account
  • A single monthly fee of MXN 9.90 covers the account, against £0 and £0 for the free alternatives
  • Card spending makes up 73.4% of the cards on the site, a common choice

Cons

  • A monthly fee of MXN 9.90 where Wise and Bitpanda charge £0 and €0
  • Cashback of 3% only pays back if you use the card, and light users may not clear MXN 9.90

Ready to try Santander Debito LikeU?

Scored 8.9 / 10 by HodlCue.

Who it suits

  • People in Mexico who want a debit card with cashback on ordinary spending
  • Customers already banking with Santander who want one account and one card
  • Spenders who will clear more than MXN 9.90 in a month

Who should look elsewhere

  • Travellers who want fee free currency conversion
  • Anyone after a free account, since Wise and Bitpanda charge £0 and €0
  • Crypto buyers wanting a card tied to digital assets rather than a bank balance

How Santander Debito LikeU compares

Frequently asked questions

What does Santander Debito LikeU cost each month?+

The account carries a monthly fee of MXN 9.90. That sits against a site median of €0, where most cards are free. Monzo Flex and Wise both charge £0 and £0, so the fee is the main thing to weigh.

How much cashback does the card pay?+

Spending earns a cashback rate of 3%. On its own that rebate has to cover the MXN 9.90 monthly fee before the account saves you anything, so heavy card users get the better return. Light users should look at the free options.

Is this a debit card or a prepaid card?+

It is a debit card, listed as debit, which is the most common card type on the site at 73.4%. Balances come from the linked bank account rather than a preloaded balance, so there is no need to top the card up first.

Is the money in the account protected?+

This is a bank current account rather than a crypto platform, so there is no exchange wallet to hold funds. Deposits and any protection scheme are handled by the bank under its own arrangements, and readers should confirm the terms with Santander directly.

Can I use the card abroad and pay for currency conversion?+

The published pricing covers the account fee and cashback, and readers wanting cheap foreign spending should compare the free alternatives. Wise charges £0 monthly and is built around conversion rates, which suits frequent travel more than a MXN 9.90 debit account.

Who does this account suit?+

It fits people in Mexico who want an everyday debit card with a cashback rate of 3%. It suits customers already with Santander who prefer one account for spending and cashback, and anyone willing to cover MXN 9.90 each month for it.

Is there a free version of the account?+

The account shown charges MXN 9.90 per month, while the free alternatives cost £0 and €0. Readers who want no fixed charge can compare those options, though the cashback here is the reason to stay.

Can I hold crypto with this card?+

This is a debit card, debit, funded from a bank account, so it does not hold or convert digital assets. Readers wanting a card linked to crypto balances would find a closer fit with Bitpanda, whose monthly fee is €0.

Sources

Compiled from 2 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.

Santander Debito LikeU

Day to day card spending in Mexico where the cashback offsets the monthly charge.

8.9/10See alternatives