Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.
ASDA Money Cashback Credit Card review November 2019
This straightforward card lets you earn unlimited rewards on your day-to-day spending – especially when you shop at Asda.
Finder rating: ★★★★★
Doing its job: 3.5/5
In a nutshell:
0% interest on balance transfers
per £5 spent
|Issuer||Creation Financial Services|
|Rep. APR||19.9% p.a. (variable)|
|Incentive||Earn Asda vouchers every time you shop - 1% cashback on all Asda spend, 0.2% on all other transactions and 10% on selected insurance products. Once £2.5 is earnt a voucher can be downloaded to spend in Asda stores.|
|Additional Rewards Info||No fees when card is used to buy foreign currency from ASDA Travel Money. £5 off when £300 or more spent on foreign currency from ASDA Travel Money until 31.12.19. 6 months 0% interest on purchases of £200 or more at George.com.|
|Purchases interest-free period (days)||50|
|Balance transfers||0% for 12 months reverting to 19.9%|
Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.
Most credit cards that are billed as “cashback cards” actually earn you account credit, rather than cash. With Asda, cashback means vouchers to be redeemed at Asda. Although that might seem a bit cheeky, since this card is most popular with Asda shoppers, it’s unlikely to ruffle any feathers.
With the card’s best cashback rates and rewards limited to Asda purchases, if it’s your supermarket of choice this card is worth a closer look. While the cashback rate at non-Asda stores isn’t much to write home about, the good news is that this card has no annual fee – meaning you can use it as much or as little as you please. Plus, if you clear your balance in full each month, you’ve got a grace period of up to 50 days of 0% interest on purchases each billing cycle.
So use this card correctly, and it needn’t cost you a penny… but it could earn you quite a few.
How does this deal compare with other rewards cards?
When it comes to repayments, you can make manual repayments online or over the phone (0371 704 3369), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.
Choose from the following direct debit options for your monthly repayments:
|Minimum amount||Fixed amount||Fixed percentage||Full amount|
How to apply for the ASDA Money Cashback Credit Card Mastercard
If you’ve been won over by this rewarding card and want to apply, just click on the “Go to site” button and you’ll be taken to a secure application form. This takes about 15 minutes to complete. Before you apply, check that you meet the eligibility requirements and have the information and documents you’ll need to make the process as straightforward as possible.