In this guide

  • Our verdict
  • Details
    • Product Overview
    • Fees and charges
    • Application Requirements

M&S Bank Credit Card Shopping Plus Offer Mastercard review 2024

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M&S Bank Credit Card Shopping Plus Offer Mastercard
4.0
★★★★★
Finder score
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).
0% interest on balance transfers
15 months
0% interest on purchases
18 months
Account fee
£0

Our verdict

Earn M&S points as you shop while organising your finances with this rewarding interest-free deal.

Whether you’re looking to spread the cost of an upcoming purchase, transfer existing card debt to save on interest or to earn rewards from your day-to-day- spending (or any combination of the above, for that matter) this card fits the bill.

As an M&S branded card, you’ll get the most from the card’s perks if you’re a regular M&S shopper – with loyalty points translating into vouchers to spend in-store or online. Although you’ll be able to earn points pretty much whenever you use the card, you’ll earn points at a better rate per £1 when you spend with M&S. If you’re looking for rewards you can redeem elsewhere, you might prefer to check out a more versatile rewards programme or even a cashback credit card.

Don’t forget, it’s free to add an additional cardholder, and doing so could help earn loyalty points faster. You’ll be solely responsible for all spending on the account, regardless of which card was used, since credit cards cannot be held jointly.

Pros

  • Extended 0% purchase and balance transfer period
  • Competitive regular purchase rate
  • No annual fee

Cons

  • You’ll need to be an M&S devotee to get the most out of this card
  • Late payment fees apply
  • Foreign usage charges apply if you use this card abroad

In this guide

  • Our verdict
  • Details
    • Product Overview
    • Fees and charges
    • Application Requirements

This versatile all-rounder from M&S gives you a lengthy break from interest on both purchases and balance transfers, and even earns rewards on your spending.

Details

Product Overview

Issuer M&S Bank
Network Mastercard
Representative APR 23.9% APR (variable)
Annual/monthly fees £0
Loyalty scheme Points
Incentive 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.
Incentive on opening New welcome offer: Get a £40 M&S e-gift card when you spend £250 minimum spend across 5 or more qualifying purchases within the first 90 days. Offer ends 2 January 2024. Terms apply.
Additional Rewards Info No cash advance fee & 55 days interest free when buying M&S Travel Money with the card, with free home delivery when purchasing £500 in currency or more. Preferential rates on Travel Money for M&S Credit Card customers purchasing from M&S Bureaux. 54 currencies available. Opt-in to Club Rewards for £10 pm to receive triple points on M&S purchases, triple points on purchases abroad, unlimited free next day delivery on M&S.com, 3x £15 Clothing and Home vouchers, 32 hot drinks vouchers worth £88 pa, £20 Christmas Clothing and Home voucher, a birthday M&S voucher worth £12.
Purchases 0% for 18 months reverting to 23.9%
Purchases interest-free period (days) 55
Balance transfers 0% for 15 months reverting to 23.9%
Potential costs 3.5 ★★★★★
Doing its job 4.0 ★★★★★
Extras 4.0 ★★★★★
Overall Finder score 4.0 ★★★★★

Fees and charges

Minimum monthly payment 2.5% 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 3.49% (min. £5)
Foreign usage charge (EU) 2.99%
Foreign usage charge (rest of world) 2.99%
Cash advance fee 2.99% (min. £3)
Late payment fee £12
Duplicate statement fee £0
Exceeding limit fee £12
Additional card fee £0
Dormancy fee £0

Application Requirements

Minimum Age 18
Minimum income £6,800
Availability Available to new customers

The M&S Bank Credit Card Shopping Plus Offer Mastercard is issued on the Mastercard network so it's accepted at more than 50 million merchant locations across more than 210 countries and territories.

How does it compare?

M&S Bank's card

1 - 1 of 1
Name Product Rating Finder score Balance transfers Money transfers Purchases Annual/monthly fees Representative APR Link Incentive Representative example
M&S Bank Credit Card Shopping Plus Offer Mastercard
Finder score
★★★★★
★★★★★
Expert analysis
0% for 15 months
(3.49% fee)
N/A
0% for 18 months reverting to 23.9%
£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).
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Other popular matched 0% deals

Table: sorted by length of 0% offer
Name Product Rating Finder score Balance transfers Money transfers Purchases Annual/monthly fees Representative APR Link Incentive Representative example
Royal Bank of Scotland Purchase & Balance Transfer Credit Card
Finder score
★★★★★
★★★★★
Expert analysis
0% for 19 months
(2.99% fee)
26.9%
(3% fee)
0% for 19 months reverting to 24.9%
£0
24.9% APR (variable)
Go to site
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
NatWest Purchase & Balance Transfer Credit Card
Finder score
★★★★★
★★★★★
Expert analysis
0% for 19 months
(2.99% fee)
26.9%
(3% fee)
0% for 19 months reverting to 24.9%
£0
24.9% APR (variable)
Go to site
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
MBNA 0% Transfer and Purchase Credit Card
Finder score
★★★★★
★★★★★
Expert analysis
0% for 20 months
(3.49% fee)
0% for 12 months
(4% fee)
0% for 20 months reverting to 23.94%
£0
23.9% APR (variable)
Earn up to 15% cashback on purchases through Smart Rewards at popular retailers.
Representative example: When you spend £1,200 at a purchase rate of 23.94% (variable) p.a., your representative rate is 23.9% APR (variable).
Ulster Bank Purchase & Balance Transfer Credit Card Mastercard
Finder score
★★★★★
★★★★★
Expert analysis
0% for 19 months
(2.99% fee)
26.9%
(3% fee)
0% for 19 months reverting to 24.9%
£0
24.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
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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.

Repayment options

You can make manual repayments through M&S Bank's app by logging in to your online banking or over the phone (0800 997996). Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and losing your promotional interest rate as a result (as well as damaging your credit score and incurring the late payment fee of £12). You could use a fixed-amount direct debit to ensure you've cleared your debt before the 0% period expires – simply divide your outstanding balance by 15 to see what you'll need to pay each month (this assumes you don't use the card for additional spending).

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 compared cards and settled on the M&S Bank Credit Card Shopping Plus Offer Mastercard, completing the secure online application form takes about 15 minutes. 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.

Frequently asked questions

What credit limit will I get with the M&S Bank Credit Card Shopping Plus Offer Mastercard?

If M&S Bank offers you this deal, it will specify a personalised credit limit based on M&S Bank's assessment of your situation. The minimum limit offered on this card is £500, and M&S Bank does not specify a maximum. Once you've had the card for a while and shown M&S Bank you're reliable, you may wish to apply for a credit limit increase.

Can I withdraw cash using the M&S Bank Credit Card Shopping Plus Offer Mastercard?

Although it's possible, withdrawing cash from a credit card account is generally not a good idea, as "cash-like transactions" (such as withdrawing cash at an ATM, getting cashback at the till, spending at a casino or buying currency) often incur steep fees and/or higher rates of interest.

The cash advance fee on the M&S Bank Credit Card Shopping Plus Offer Mastercard is 2.99% (min. £3). For example, if you withdraw £50, you'll incur a fee of £3.00. Withdraw £250 and you'll incur a fee of £7.48.

The interest rate on this part of your balance will be 29.9%, which is 25% more than the standard purchase rate (chargeable from the day of the transaction – the card's usual "up to 55 days interest-free" grace period won't apply).

Can I transfer a balance from another M&S Bank-branded card to the M&S Bank Credit Card Shopping Plus Offer Mastercard?

No. M&S Bank doesn't accept balance transfers from credit cards issued through HSBC group, which includes M&S Bank, John Lewis and first direct cards.

How much does it cost to use the M&S Bank Credit Card Shopping Plus Offer Mastercard abroad?

Non-sterling transactions are subject to a 2.99% charge (which is very standard). For example, if you spend 200 euros (£171.01), it'll cost you around £5.11 in fees.

What is the minimum payment on the M&S Bank Credit Card Shopping Plus Offer Mastercard?

Each month, you must pay at least 2.5% of your balance at that point or £5.00 – whichever of the 2 figures is greater. So if you had, say, £180.00 outstanding, you'd pay £5.00, and if you had £800.00 outstanding, you'd pay £20.00.

Paying only the minimum required amount each month is generally not advisable as it makes it much harder to get debt-free before that introductory 0% period expires.

Can I request an additional M&S Bank Credit Card Shopping Plus Offer Mastercard?

Yes, you can request one more. There's no fee for additional cards. Plus, with additional cards, you could earn points at a faster rate. Bear in mind that card debt accrued by additional cardholders is the sole responsibility of the account holder – not the additional cardholder.

Finder credit card scores

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor

Our experts score matched/balanced credit cards to determine their value against similar products on the market. We look at a number of important factors, like the length of the introductory offer, balance transfer fees, any restrictions to the offer, plus the potential costs involved with running the card both in the short and longer term.

You can read more about our scoring criteria on our credit card methodology page.

Find the right card for you

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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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