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The M&S Rewards Credit Card is a popular option in the UK, offering a range of rewards and benefits to customers, particularly those who frequently shop at Marks & Spencer (M&S).
With an emphasis on earning rewards, enjoying discounts, and taking advantage of special offers, the M&S Rewards Credit Card is designed for individuals looking to maximize their shopping experience.
Below, we’ll break down the key benefits, fees, and application process for this credit card, as well as explore who it’s best suited for.

M&S Rewards Credit Card Benefits

Earn M&S Vouchers

One of the most appealing features of the M&S Rewards Credit Card is its rewards structure, which allows cardholders to earn M&S vouchers through their everyday purchases. For the first six months after activating your card, you’ll earn 5 Rewards points per £1 spent at M&S, making this period highly rewarding for regular M&S shoppers.

After the introductory period, the points revert to 1 point per £1 spent at M&S. Additionally, you’ll earn 1 point for every £5 spent elsewhere. Once you accumulate 100 Rewards points, they are converted into £1 worth of M&S vouchers, which can be spent in-store or online at M&S.

These vouchers are issued up to four times a year, either through the post or digitally via the M&S Sparks app or website.

0% Interest on Purchases for 9 Months

Another significant benefit of the M&S Rewards Credit Card is the 0% interest offer on purchases made within the first 9 months of account opening. This allows you to spread the cost of purchases over time without incurring additional interest, as long as you meet the payment requirements.

You can use your card wherever Mastercard is accepted, giving you flexibility and peace of mind while shopping both in-store and online.

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0% Interest on Balance Transfers for 9 Months

The M&S Rewards Credit Card also offers a 0% interest rate on balance transfers made within 90 days of opening the account. This introductory offer lasts for 9 months, allowing you to pay off transferred balances without accruing interest. However, it’s important to note that there is a balance transfer fee of 3.49% (minimum £5).

After the 9 months, the standard variable APR of 23.9% will apply.

Up to 55 Days of Interest-Free Credit

Cardholders can enjoy up to 55 days of interest-free credit, provided they pay off their full balance each month and on time.

This feature is especially beneficial for those looking to avoid paying interest on everyday purchases while enjoying the rewards and perks of using the card.

Additional Cardholder Option

For added convenience, you can request an additional cardholder for your M&S Rewards Credit Card account. This individual must be over the age of 18, and both cardholders can earn M&S points on their purchases.

This is an excellent feature for couples or family members who want to share the benefits of the card while accumulating points faster.

Personalised Offers with M&S Sparks

In addition to earning M&S points, cardholders can also benefit from the M&S Sparks loyalty program. By registering for Sparks, you can receive personalized offers tailored to your shopping habits, charity donations with each purchase, and other rewards. This program further enhances the value of the M&S Rewards Credit Card, especially for loyal M&S customers.

M&S Club Rewards

For those who truly love M&S, the M&S Club Rewards program is available for an additional £10 per month. Subscribers to this program receive M&S gifts, treats, and vouchers worth up to £240 throughout the year. This option is perfect for dedicated M&S shoppers looking to get even more out of their card.

Prerequisites to Apply for the M&S Rewards Credit Card

To apply for the M&S Rewards Credit Card, you must meet the following criteria:

  • Be at least 18 years old
  • Reside in the UK
  • Have a minimum annual income of £6,800
  • Have no history of bankruptcy or County Court Judgments (CCJs) within the last six months
  • Be up to date with all credit agreements
  • Have not held an M&S Credit Card before or been declined for one in the last 30 days

Meeting these requirements is crucial for your application to be considered. If you meet all the criteria, applying is a straightforward process.

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How to Apply for the M&S Rewards Credit Card

  1. Prepare Your Information:
    Gather the necessary personal and financial details, including:

    • Personal Information: Full name, date of birth, UK residential address, and contact details.
    • Employment and Income: Employment status, occupation, employer details, and annual income (minimum £6,800).
    • Credit History: Be aware of your credit status, including any CCJs or bankruptcies in the last six months.
  2. Start the Application:
    • Visit the M&S Bank website and navigate to the M&S Rewards Credit Card page.
    • Press the ‘Start my application’ button to start the application process.
  3. Complete the Application Form:
    • Fill in your personal and financial details as prompted. Ensure all information is accurate.
  4. Review and Submit:
    • Review all the information you’ve entered to ensure accuracy.
    • Submit your application.
  5. Wait for Approval:
    • M&S Bank will process your application and conduct a credit check.
    • If approved, you will receive your card by post within 3-5 working days.

By following these steps, you can successfully apply for the M&S Rewards Credit Card and start enjoying its benefits!

M&S Rewards Credit Card Fees and Tariffs

The M&S Rewards Credit Card has the following fees and tariffs:

  • Representative APR: 23.9% (variable)
  • Purchase Interest Rate: 23.9% p.a. (variable)
  • Balance Transfer Fee: 3.49% (minimum £5)

It’s important to be aware of these fees and ensure you manage your card responsibly to avoid incurring unnecessary charges.

M&S Rewards Credit Card Pros and Cons

Pros

  • Interest-Free Offers: The card offers 0% interest on purchases and balance transfers for the first 9 months, making it a good option for those looking to spread out the cost of purchases or consolidate debt.
  • Generous Reward Points: For the first six months, you’ll earn 5 points per £1 spent at M&S, which is a significant perk for frequent shoppers.
  • No Annual Fee: Unlike many other reward cards, the M&S Rewards Credit Card does not charge an annual fee.
  • Additional Cardholder: You can share the card’s benefits with a loved one and increase your points earnings.
  • Strong Security Features: The card offers excellent protection against fraud, providing peace of mind when shopping online or in-store.

Cons

  • Balance Transfer Fee: While the card offers 0% interest on balance transfers for the first 9 months, the 3.49% transfer fee could be a drawback for those transferring large balances.
  • Limited Rewards After 6 Months: The earning rate drops significantly after the first six months, from 5 points per £1 spent to 1 point per £1 at M&S.
  • No Additional Points for Non-M&S Shopping: After the introductory period, the rewards program is heavily skewed towards M&S purchases, which might not appeal to those who shop elsewhere.

Customer Service

M&S Bank offers comprehensive customer service options for its credit cardholders. You can manage your account through the M&S Banking app or access help via the “Contact Us” page on the M&S Bank website.

The live chat feature is available 24/7 for registered digital banking users, and you can also reach the customer service team by phone at 0345 600 5860, lines are open 8 am-8 pm Monday to Friday, 8 am-7 pm Saturday, 10 am-6 pm Sunday.

Final Thoughts

The M&S Rewards Credit Card is a valuable option for regular M&S shoppers who want to earn rewards for their spending. With competitive interest-free periods on purchases and balance transfers, alongside the opportunity to earn M&S vouchers, it offers significant perks.

However, the card’s benefits are most advantageous for those who frequently shop at M&S, as the rewards structure is heavily weighted towards in-store and online M&S purchases.

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