ASDA Money Cashback Credit Card review

This card is no longer available, but you can use this page to compare alternatives.

As of December 2019, this card has been discontinued and is no longer available. However, this information has been kept for historical purposes. You can use this page to compare similar cards from other issuers.

Finder rating: ★★★★★

Potential costs: 4.5/5
Doing its job: 3.5/5
Extras: 4/5

In a nutshell:

Earn 1% cashback in-store and 0.2% cashback everywhere else, with no annual fee.

The cashback comes in the form of vouchers redeemable at Asda.

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Representative example: When you spend £1,200 at a purchase rate of 19.9% (variable) p.a., your representative rate is 19.9% APR (variable).

Chris Lilly

Updated

Apr 9, 2021

Fact checked

19.9%

Representative APR

12 months

0% interest on balance transfers

£0

Account fee

Up to 50 days

Interest-free each billing period

Details

Issuer	Creation Financial Services
Network	Mastercard
Representative APR	19.9% APR (variable)
Annual/monthly fees	£0
Loyalty scheme	Vouchers
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	19.9%
Purchases interest-free period (days)	50
Balance transfers	0% for 12 months reverting to 19.9%
Potential costs	★★★★★
Doing its job	★★★★★
Extras	★★★★★
Overall Finder rating	★★★★★

Minimum monthly payment	1% or £5 (whichever is greater) or the total of any interest, default fees and charges plus 1% of the outstanding balance.
Annual/monthly fees	£0
Balance transfer fee	3% (min. £3)
Foreign usage charge (EU)	2.99%
Foreign usage charge (rest of world)	2.99%
Cash advance fee	3% (min. £5)
Late payment fee	£12
Duplicate statement fee	£3
Exceeding limit fee	£12
Additional card fee	£0
Dormancy fee	£0

Minimum Age	18
Minimum income	£10,000
Availability	Available to new customers

Review by

Chris Lilly

chris.lilly@finder.com

Chris Lilly is a publisher at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more.

Expert review

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?

Table: sorted by representative APR, promoted deals first

Name	Ratings	Finder rating	Customer rating	Max. intro bonus	Earn-rate with brand	Default earn-rate	Annual/monthly fees	Representative APR	Incentive	Link
M&S Bank Shopping Plus Credit Card	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	N/A	1 point per £1 spent	1 point per £5 spent	£0	23.9% APR (variable)	1 point per £1 spent with M&S and 1 point per £5 spent elsewhere. Enjoy 55 days interest free, preferential rates plus no cash advance fee when buying M&S travel money with the card. Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a., your representative rate is 23.9% APR (variable).	Check eligibility Read review	Compare	loading Fetching your data...
M&S Bank Credit Card Transfer Plus Offer Mastercard	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	N/A	1 point per £1 spent	1 point per £5 spent	£0	23.9% APR (variable)	1 point per £1 spent with M&S and 1 point per £5 spent elsewhere. Enjoy 55 days interest free, preferential rates plus no cash advance fee when buying M&S travel money with the card. Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a., your representative rate is 23.9% APR (variable).	Check eligibility Read review	Compare	loading Fetching your data...
Royal Bank of Scotland Reward Credit Card	Finder score ★★★★★	★★★★★ Expert analysis	Not yet rated	N/A	1 point per £1 spent	1 point per £4 spent	£24 per annum. Reward or Reward Black Current Account holders: £0 per annum	26.8% APR (variable)	Earn 1% back at supermarkets and 0.25% back everywhere else, including supermarket petrol stations. At selected retailers, you could earn 1-15% back. Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a. with a fee of £24 per annum. Reward or Reward Black Current Account holders: £0 per annum, your representative rate is 26.8% APR (variable).	Go to site Read review	Compare	loading Fetching your data...
NatWest Reward Credit Card	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	N/A	1 point per £1 spent	1 point per £4 spent	£24 per annum. Reward or Reward Black Current Account holders: £0 per annum	26.8% APR (variable)	You'll earn 1% back at supermarkets and 0.25% back everywhere else, including supermarket petrol stations. At selected retailers, you could earn 1-15% back. Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a. with a fee of £24 per annum. Reward or Reward Black Current Account holders: £0 per annum, your representative rate is 26.8% APR (variable).	Go to site Read review	Compare	loading Fetching your data...
Santander All in One Credit Card	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	N/A	0.5% cashback	0.5% cashback	£3 per month	27.7% APR (variable)	0.5% after £1 of monthly spend. Cashback paid Monthly into Card Account. Maximum spend for cashback purposes is limited to credit limit. Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a. with a fee of £3 per month, your representative rate is 27.7% APR (variable).	Check eligibility Read review	Compare	loading Fetching your data...
American Express® Platinum Cashback Everyday Credit Card Finder Award	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	£100	1% cashback	1% cashback	£0	29.4% APR (variable)	New cardmember offer: Get 5% cashback on your purchases (up to £100) for the first three months of Cardmembership. Terms apply. Spend £0 to £10,000 and receive 0.5% cashback on all purchases. Spend over £10,000 and receive 1% cashback on purchases. Representative example: When you spend £1,200 at a purchase rate of 29.4% (variable) p.a., your representative rate is 29.4% APR (variable).	Check eligibility Read review	Compare	loading Fetching your data...
The American Express Rewards® Credit Card Finder Award	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	10,000 points	1 point per £1 spent	1 point per £1 spent	£0	29.4% APR (variable)	Earn 1 Membership Rewards® point for every £1 spent thereafter. Earn up to 90,000 bonus points per year through refer a friend, 4,000 points awarded for every friend approved. 1 point = 0.45p (min 1000 points) to shop, other rewards have differing conversions Representative example: When you spend £1,200 at a purchase rate of 29.4% (variable) p.a., your representative rate is 29.4% APR (variable).	Check eligibility Read review	Compare	loading Fetching your data...
British Airways American Express® Credit Card Finder Award	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	5,000 points	1 point per £1 spent	1 point per £1 spent	£0	29.4% APR (variable)	Earn 1 Avios for virtually every £1 spent. Spend £12K each year and get a travel companion voucher when redeeming Avios for a BA reward flight. - Earn up to 90,000 bonus Avios points per calendar year, 4,000 points per friend/family member that successfully applies for an American Express card (Excl. Basic card) and uses the Referral Programme. Avios value varies dependent on reward (min 1000pts for flights) Representative example: When you spend £1,200 at a purchase rate of 29.4% (variable) p.a., your representative rate is 29.4% APR (variable).	Check eligibility Read review	Compare	loading Fetching your data...
American Express® Nectar Credit Card Finder Award	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	20,000 points	3 points per £1 spent	2 points per £1 spent	Year 1 - £0, Year 2 onwards - £25 per annum	35% APR (variable)	Earn 20,000 bonus Nectar points when you spend £2,000 in your first 3 months. Earn a minimum of 3 Nectar points for virtually every £1 spent at Nectar partners, and 2 Nectar points for virtually every £1 spent elsewhere. Representative example: When you spend £1,200 at a purchase rate of 29.4% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £25 per annum, your representative rate is 35% APR (variable).	Check eligibility Read review	Compare	loading Fetching your data...
American Express® Platinum Cashback Credit Card Finder Award	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	£125	1.25% cashback	1.25% cashback	£25 per annum	35% APR (variable)	New cardmember offer: Get 5% cashback on your purchases (up to £125) for the first three months of Cardmembership. Terms apply. Spend £0 to £10,000 and receive 0.75% cashback on all purchases. Spend over £10,000 and receive 1.25% cashback on purchases. Representative example: When you spend £1,200 at a purchase rate of 29.4% (variable) p.a. with a fee of £25 per annum, your representative rate is 35% APR (variable).	Check eligibility Read review	Compare	loading Fetching your data...
NatWest Reward Black Credit Card	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	N/A	1 point per £1 spent	1 point per £2 spent	£84 per annum. Reward Black Current Account holders: £0 per annum	40.7% APR (variable)	You'll earn 1% back at supermarkets and 0.5% back everywhere else, including supermarket petrol stations. At selected retailers, you could earn 1-15% back. Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a. with a fee of £84 per annum. Reward Black Current Account holders: £0 per annum, your representative rate is 40.7% APR (variable).	Go to site Read review	Compare	loading Fetching your data...
Royal Bank of Scotland Reward Black Credit Card	Finder score ★★★★★	★★★★★ Expert analysis	Not yet rated	N/A	1 point per £1 spent	1 point per £2 spent	£84 per annum. Reward Black Current Account holders: £0 per annum	40.7% APR (variable)	Earn 1% back at supermarkets and 0.5% back everywhere else, including supermarket petrol stations. At selected retailers, you could earn 1-15% back. Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a. with a fee of £84 per annum. Reward Black Current Account holders: £0 per annum, your representative rate is 40.7% APR (variable).	Go to site Read review	Compare	loading Fetching your data...
The Marriott Bonvoy American Express Card Finder Award	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	40,000 points	6 points per £1 spent	2 points per £1 spent	£75 per annum	47.4% APR (variable)	Earn 6 points for every £1 spent at eligible Marriott properties. Earn 2 points for virtually every £1 spent elsewhere. Earn up to 90,000 bonus points per year through refer a friend, 9,000 points awarded for every friend approved. Points can be redeemed for hotel stays of varying values (min 15000pts) Representative example: When you spend £1,200 at a purchase rate of 29.4% (variable) p.a. with a fee of £75 per annum, your representative rate is 47.4% APR (variable).	Check eligibility Read review	Compare	loading Fetching your data...
American Express® Preferred Rewards Gold Credit Card Finder Award	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	20,000 points	3 points per £1 spent	1 point per £1 spent	Year 1 - £0, Year 2 onwards - £160 per annum	73.3% APR (variable)	2 points earned per £1 spent on travel related purchases and spending abroad. 3 points for every £1 spent when booking through American Express Travel. Representative example: When you spend £1,200 at a purchase rate of 29.4% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £160 per annum, your representative rate is 73.3% APR (variable).	Check eligibility Read review	Compare	loading Fetching your data...
British Airways American Express® Premium Plus Card Finder Award	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	25,000 points	3 points per £1 spent	1.5 points per £1 spent	£250 per annum	110.1% APR (variable)	Earn 25,000 bonus Avios when you spend £3,000 in your first 3 months of Cardmembership. Terms apply. 18+, subject to status. New Cardmembers Only Representative example: When you spend £1,200 at a purchase rate of 29.4% (variable) p.a. with a fee of £250 per annum, your representative rate is 110.1% APR (variable).	Check eligibility Read review	Compare	loading Fetching your data...
Pulse Card Mastercard (existing NewDay customers only)	Not yet rated	Not yet rated	Not yet rated	N/A	1 point per £4 spent	1 point per £4 spent	£0	APR (variable)	Get 0.25% cashback every time you shop, up to a maximum of £150 cashback per year If you are a current NewDay customer and have been invited to transfer to a Pulse Card, your interest rate and credit limit will remain the same.	Read review	Compare	loading Fetching your data...
Tesco Bank Low APR Clubcard Credit Card	Finder score ★★★★★ User survey ★★★★★	★★★★★ Expert analysis	★★★★★ User rating	N/A	1.25 points per £1 spent	1 point per £8 spent	£0	10.9% APR (variable)	1 point per £4 spent (£4 minimum) in Tesco and 1 point per £8 spent (£8 minimum) outside Tesco, must have available credit to earn points. Card can also be used as a Clubcard to collect standard points at 1 point per £1 spent on shopping and an enhanced rate of 1 point per £1 spent on fuel. Points are converted to Tesco vouchers which can be used towards shopping or exchanged for Partner Rewards. 1 point = 1p (min 250pts) Representative example: When you spend £1,200 at a purchase rate of 10.941% (variable) p.a., your representative rate is 10.9% APR (variable).	Read review	Compare	loading Fetching your data...
MBNA Limited Platinum Visa	User survey ★★★★★	Not yet rated	★★★★★ User rating	N/A	0.25% cashback	0.25% cashback	£0	12.9% APR (variable)	0.25% after £1 of yearly spend. Cashback paid January into Card Account. Earn 0.25% cashback on purchases within the first 36 months of account opening. Maximum spend for cashback purposes is limited to credit limit. Representative example: When you spend £1,200 at a purchase rate of 12.94% (variable) p.a., your representative rate is 12.9% APR (variable).	Read review	Compare	loading Fetching your data...
The Co-operative Bank Members' Credit Card Visa	Finder score ★★★★★	★★★★★ Expert analysis	Not yet rated	N/A	1 point per £2 spent	1 point per £3.33 spent	£0	18.2% APR (variable)	1p earned for every £2 spent in The Co-operative Food stores (excluding in-store concessions) and 1p earned for every £3.33 spent anywhere else. Cashback will be added to your share of the Group profits and this will be paid to you twice a year. Representative example: When you spend £1,200 at a purchase rate of 18.2% (variable) p.a., your representative rate is 18.2% APR (variable).	Read review	Compare	loading Fetching your data...
AIB Options 1 Credit Card	Finder score ★★★★★	★★★★★ Expert analysis	Not yet rated	£25	0.5% cashback	0.5% cashback	£0	18.9% APR (variable)	0.5% after £5000 of yearly spend. Minimum of 12 transactions per year required. Maximum of £250 cashback paid per year. Cashback paid Anniversary into Card Account. For initial £5K a £25 cashback is paid, plus an additional £1 for every further £200 spent. Representative example: When you spend £1,200 at a purchase rate of 18.9% (variable) p.a., your representative rate is 18.9% APR (variable).	Read review	Compare	loading Fetching your data...

Approval for any credit card depends on your status. The representative APRs shown represent 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.

Repayment options

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

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.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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4 Comments

Kori
November 6, 2018

Hi,

My questions would be, is there only one type of currency travel card or more? I understand that once a year needs to be used but what if won’t be, can you please send information regarding to the fees?

Thanks,
Kori

finder Customer Care

Joshua
November 19, 2018

Hi Kori,

Thanks for getting in touch with finder. I hope all is well with you. :)

If you’re referring to ASDA, they offer Asda Money Currency Card. As I checked their website, I couldn’t find other types of travel card that they offer.

Yes, it is true that you would need to use or reload your currency card at least once every 12 months. Failure to do so would incur a monthly inactivity fee on any remaining balance. The fee is £2.00 or $3.50.

I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

Have a wonderful day!

Cheers,
Joshua

Chelsea
October 1, 2018

when credit cards say your spend each month is £250-£1200 does that mean I would have to spend over £250 each month?

finder Customer Care

Charisse
October 2, 2018

Hi Chelsea,

Thanks for reaching out to finder.

Generally, credit cards will require a minimum or maximum spend in a given time frame if they offer a sign-up bonus or if they have a particular rewards program/scheme. In these cases, the cardholder needs to charge a certain amount to his credit card to meet the minimum/maximum spending requirement and qualify for the sign-up bonus or rewards program.

Unless you are aiming to qualify for any credit card rewards program or sign up bonus, it’s up to you to decide how much you would like to spend using your credit card.

I hope this helps.

Cheers,
Charisse

ASDA Money Cashback Credit Card review

This card is no longer available, but you can use this page to compare alternatives.

Details

Chris Lilly

Expert review

How does this deal compare with other rewards cards?

Repayment options

Choose from the following direct debit options for your monthly repayments:

How to apply

Ask an expert

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