Asda Money has launched its new Visa credit card, offering competitive rates and the chance to earn cashback in the form of "Asda Pounds". Rates starting from 27.9% to 34.9%.
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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. Most of the data in Finder's comparison tables is provided by Moneyfacts.
As the third-largest supermarket group in the UK, Asda is a familiar name. Its stores are visited by tens of millions of shoppers every week, but Asda is less well-known for its popular range of credit cards that come with cashback rewards when used in-store.
How do Asda credit cards work?
Asda’s new credit card is provided by Jaja Finance, a UK based credit card provider regulated by the Financial Conduct Authority (FCA). The cards are issued on the Visa network, meaning they can be accepted in over 200 countries and territories worldwide.
Asda’s straightforward credit card is rewards-focused, but take note that Asda’s version of “cashback” is called “Asda Pounds”, which is a little misleading as the rewards are actually paid in the form of vouchers to be spent in Asda stores.
As you’d expect, the earn-rate on Asda Money’s credit card is better when you’re using your card in-store, but you can still earn when you use your card elsewhere.
Is the cashback worth it?
Whether or not an Asda credit card is right for you is likely to come down to how you would use the card. You’ll want to weigh up the potential costs (like interest on an outstanding balance) with the amount you could earn in cashback.
What types of credit card are available from Asda Money?
Asda Money has reduced its range of credit card products and now just offers the one type for its customers.
You can do a quick eligibility check for the Asda Money Credit Card without affecting your credit score, so you’ll know in advance whether or not it’s worth applying. You can get an instant decision on an application for Asda Money’s credit card, all of which reward you while you spend (especially if you spend at Asda, unsurprisingly).
Rewards cards. Asda’s reward credit card gives you “Asda Pounds” back on all your spending, and you earn this at a higher rate for purchases at Asda stores than any made elsewhere. Learn more about rewards credit cards.
Other benefits of Asda credit cards
Award-winning products Asda Money’s previous credit cards were recognised as one of the best on offer by the annual Payments Awards, which recognise excellence and innovation in the sector.
Online account management. You can set up an account to manage your card online.
Enhanced benefits. You can earn Asda Pounds when you use your Asda Money Credit Card to buy Asda travel insurance.
No annual fee. You won’t be charged an annual fee for Asda Money’s credit card.
Applying for an Asda credit card
You can apply for an Asda credit card online or by phone. Asda’s site allows would-be applicants to request a ‘soft search’ to find out their likelihood of being accepted for their chosen card, without affecting their credit score.
Eligibility
To be considered for an Asda credit card, you’ll need to meet the following eligibility criteria:
UK resident.
Over 18.
You must provide a mobile or home telephone number.
You must hold a good credit rating without a history of County Court Judgment or bankruptcy.
You must hold a UK-based bank or building society account.
You must ensure that you can meet the repayments as missed payments incur a charge and could have severe consequences on your ability to obtain future credit.
The good news is that Asda states “Students or retired applicants are welcome”.
Why might you not be approved?
Generally, if you meet the eligibility requirements, but have a history of bad debt, including CCJs, IVAs or bankruptcies, your application may be rejected.
Asda Money credit card customer reviews
In our 2025 customer satisfaction survey, 87% of customers said they’d recommend Asda Money to a friend. Customers praised Asda Money’s overall service and cashback rewards.
Overview of Asda Money credit cards
Representative APR
From 27.9% to 34.9%
0% balance transfer offer
Up to 6 months
0% purchases offer
No purchases offer available
0% money transfer offer
No money transfer offer available
Cashback with brand
Up to 0.75%
Cashback elsewhere
Up to 0.2%
Cash advance
From 39.9%
Introductory bonus offer
No introductory bonus offers available
Frequently asked questions
You can keep track of your account online, and can also opt to receive monthly paper statements. Both of these will show the transactions made on your card, and the date when the next monthly payment is due.
You will be expected to pay either 2.2% or the full balance if under £5, whichever is the greater.
You’ll need proof of your address for the last three years, details of your bank or building society account, and your employer’s details. You will get an instant decision, both for the eligibility check and the full application.
Yes – just check the payment options on the website concerned, and look out for the Mastercard logo.
You’ll receive a decision from Asda Money regarding both the eligibility check and your full application instantly.
As your Asda Money card will be a Visa, you’ll be able to use it in over 200 countries worldwide. If in doubt, look for the Visa sign.
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. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
Chris Lilly is Head of publishing 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. See full bio
Chris's expertise
Chris has written 567 Finder guides across topics including:
After a short hiatus, Asda Money has launched its new rewards credit card with Jaja Finance.
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