Marks & Spencer | Shopping Plus credit card

23 reviews

19.9% Representative

Intro purchase rate: 0% for 20 months

Purchase rate: 19.9%

Representative example:

Representative Example: The standard interest rate on purchases is 19.9% p.a. (variable), so when borrowing £1,200 the Representative APR will be 19.9% (variable).

Marks & Spencer | Shopping Plus credit card customer reviews.

23 reviews

1.3 out of 5 stars

Our review of Marks & Spencer | Shopping Plus credit card

Marks and Spencer is a respected British institution and their M&S Bank launched in 2012. The bank was based on M&S Money, which itself had a 30 year history. There are branches in the main Marks and Spencer stores, which are open whenever the stores are open. This means that personal customer service is very easy to reach. M&S Bank offers a number of different financial products from loans to current accounts, but this review is about their Shopping Plus credit card.

The Shopping Plus credit card has an introductory purchase rate of 0% for 20 months.That means you won’t pay any interest on your spending for over two years. In a crowded market, M&S Bank also offers some great benefits to make their card an interesting option. You’ll have expected the standard perk of earning points when you shop, which can be accrued in all shops, not just M&S. If you’re looking to transfer across an existing credit card balance, there is also 0% on balance transfers for 90 days after opening the account. However, you’ll be charged a fee to transfer the money, so it’s worth working out what this will cost you before applying. M&S Bank also offers another credit card, the Transfer Plus, which may be better deal if you’re looking to transfer a balance. With the Shopping Plus card, you can also save on M&S travel money and earn a bonus points voucher for shopping at the store.

People are generally positive about the Shopping Plus credit card, with a review score of 3.5/5 at the time of writing. However, some customers have had problems claiming the account rewards and making changes to their account online and over the phone. If you’re taking out this card for the 0% introductory offer, be sure to make at least the minimum payment each month. If not, it will not only impact your credit file but the introductory period will also come to an end. You should consider paying off the full balance before the end of the introductory period, to avoid being charged interest.

Overall Verdict: Marks and Spencer are a reliable brand and their customer service seems to be making a positive impression on consumers. If you regularly shop at M&S, the Shopping Plus credit card is worth considering as you will earn more points and be able to access cheaper travel money. It’s worth comparing your options to see if there are better purchase cards available to you and making sure you can afford the minimum repayment before applying.

Written by: Chris

Highlights

  • 0% interest on purchases for 20 months
  • 0% on balance transfers for 20 months (2.9% fee applies)
  • Earn M&S points as you shop
  • 55 days' interest-free credit if you pay the balance in full and on time each month
  • One additional cardholder over 18

Minimum criteria

  • You must be over 18
  • You must be a UK resident with 3 years' address history
  • You must have a valid bank or building society account
  • Not available if you've had an M&S Bank credit card in past 12 months
  • 2.9% balance transfer fee (or minimum charge of £5)

Fees

  • Maximum APR %
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £0

About Marks & Spencer | Shopping Plus credit card

The Marks & Spencer Shopping Plus credit card offers 0% interest on purchases for 20 months from opening the account, and 0% on balance transfers for the same period. If you already have an M&S loyalty card, it also offers points for this while you spend. 

Company information

Registration number: 01772585

bank.marksandspencer.com

08459000900

Kings Meadow, Chester Business Park, Chester, Cheshire, CH99 9FB

FCA registration

Reference No: 151427

Trading names: Marks & Spencer Financial Services PLC, M & S Bank

Place of business: Kings Meadow, Chester Business Park, Chester, Cheshire CH99 9FB

Data protection registration

Registration No: Z7484152

Data controller: Marks & Spencer Financial Services PLC

Address: Kings Meadow, Chester Business Park, Chester, Cheshire CH99 9FB

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