Compare Mastercard credit cards

If you've got your heart set on a Mastercard credit card, our guide can help you find the right one.

Mastercard provides the technology and network required for processing credit card payments. When you buy something with a Mastercard credit card, the transaction will be processed on Mastercard’s network.

Visa and Mastercard are the largest card processors in the world, and their cards are accepted at millions of shops and other providers all over the globe. Broadly speaking, if a merchant takes credit card payments, they take Mastercard.

Compare Mastercard credit cards by type

Table: sorted by representative APR, promoted deals first
1 - 8 of 49
Name Product Finder Score Finder score Balance transfers Balance transfer fee Purchases Annual/monthly fees Representative APR Incentive Link
Santander Everyday No Balance Transfer Fee Credit Card
3.5
★★★★★
★★★★★
Expert analysis
0% for 12 months reverting to 23.9%
0% for 12 months reverting to 3% (min. £5)
0% for 3 months reverting to 23.9%
£0
23.9% APR (variable)
Sign up for Santander Boosts to receive cashback, vouchers, offers and prize draws from selected retailers.
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
Santander Everyday Long Term Balance Transfer Credit Card
4.3
★★★★★
★★★★★
Expert analysis
0% for 26 months reverting to 23.9%
3% (min. £5)
0% for 3 months reverting to 23.9%
£0
23.9% APR (variable)
Sign up for Santander Boosts to receive cashback, vouchers, offers and prize draws from selected retailers.
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
M&S Bank Credit Card Transfer Plus Offer Mastercard
3.9
★★★★★
★★★★★
Expert analysis
0% for 26 months reverting to 24.9%
3.49%, min £5
0% for 3 months reverting to 24.9%
£0
24.9% 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 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Check eligibility
M&S Bank Credit Card Purchase Plus Offer Mastercard
4.1
★★★★★
★★★★★
Expert analysis
0% for 12 months reverting to 24.9%
0%
0% for 20 months reverting to 24.9%
£0
24.9% 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 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Check eligibility
Santander All in One Credit Card
4.5
★★★★★
★★★★★
Expert analysis
0% for 15 months reverting to 23.9%
0% for 15 months reverting to 3% (min. £5)
0% for 15 months reverting to 23.9%
£3 per month
29.8% APR (variable)
0.5% after £1 of monthly spend. Maximum of £10 cashback paid per month. 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 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Check eligibility
TSB Advance Credit Card Mastercard
2.5
★★★★★
★★★★★
Expert analysis
0% for 3 months reverting to 12.95%
0% for 3 months reverting to 5%
0% for 3 months reverting to 12.95%
£0
12.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
Danske Bank Standard Mastercard
Not yet rated
Not yet rated
0% for 5 months reverting to 22.85%
0%
0% for 5 months reverting to 22.85%
£0
22.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 22.85% (variable) p.a., your representative rate is 22.9% APR (variable).
TSB Platinum Balance Transfer Card
4.0
★★★★★
★★★★★
Expert analysis
0% for 24 months reverting to 22.95%
2.95% for 3 months reverting to 5%
0% for 3 months reverting to 22.95%
£0
22.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 22.95% (variable) p.a., your representative rate is 22.9% APR (variable).
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1 - 8 of 49
Name Product Finder Score Purchases Balance transfers Annual/monthly fees Representative APR Incentive Link
Santander Everyday No Balance Transfer Fee Credit Card
3.5
★★★★★
0% for 3 months reverting to 23.9%
0% for 12 months
(0% fee)
£0
23.9% APR (variable)
Sign up for Santander Boosts to receive cashback, vouchers, offers and prize draws from selected retailers.
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
Santander Everyday Long Term Balance Transfer Credit Card
4.3
★★★★★
0% for 3 months reverting to 23.9%
0% for 26 months
(3% fee)
£0
23.9% APR (variable)
Sign up for Santander Boosts to receive cashback, vouchers, offers and prize draws from selected retailers.
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
M&S Bank Credit Card Transfer Plus Offer Mastercard
3.9
★★★★★
0% for 3 months reverting to 24.9%
0% for 26 months
(3.49%, min £5 fee)
£0
24.9% 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 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Check eligibility
M&S Bank Credit Card Purchase Plus Offer Mastercard
4.1
★★★★★
0% for 20 months reverting to 24.9%
0% for 12 months
(0% fee)
£0
24.9% 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 24.9% (variable) p.a., your representative rate is 24.9% APR (variable).
Check eligibility
Santander All in One Credit Card
4.5
★★★★★
0% for 15 months reverting to 23.9%
0% for 15 months
(0% fee)
£3 per month
29.8% APR (variable)
0.5% after £1 of monthly spend. Maximum of £10 cashback paid per month. 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 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Check eligibility
Barclaycard Premium Plus Credit Card
3.9
★★★★★
0% for 6 months reverting to 20.2%
N/A
£150 per annum
56.8% APR (variable)
0.5% after £1 of yearly spend. Maximum of £400 cashback paid per year. Cashback paid Anniversary into Card Account. If less than £10 Cashback earned in any Cashback Year, it will not be credited to the account and will not be carried forward to the following year.
Representative example: When you spend £1,200 at a purchase rate of 20.2% (variable) p.a. with a fee of £150 per annum, your representative rate is 56.8% APR (variable).
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TSB Advance Credit Card Mastercard
2.5
★★★★★
0% for 3 months reverting to 12.95%
0% for 3 months
(0% fee)
£0
12.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
Danske Bank Standard Mastercard
Not yet rated
0% for 5 months reverting to 22.85%
0% for 5 months
(0% fee)
£0
22.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 22.85% (variable) p.a., your representative rate is 22.9% APR (variable).
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1 - 9 of 9
Name Product Finder Score Purchases Balance transfers Annual/monthly fees Representative APR Incentive Link
Santander All in One Credit Card
4.5
★★★★★
0% for 15 months reverting to 23.9%
0% for 15 months
(0% fee)
£3 per month
29.8% APR (variable)
0.5% after £1 of monthly spend. Maximum of £10 cashback paid per month. 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 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Check eligibility
Pulse Card Mastercard (existing NewDay customers only)
3.0
★★★★★
Your interest rate will stay the same as your current NewDay card
N/A
£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.
Bank of Scotland Platinum Low Rate Credit Card
3.5
★★★★★
10.94%
10.94%
(5% (0% fee if transfer is completed within the first 90 days fee)
£0
10.9% APR (variable)
0.25% after £1 of yearly spend for introductory period of 36 months. Cashback paid On request into Card Account.
Representative example: When you spend £1,200 at a purchase rate of 10.94% (variable) p.a., your representative rate is 10.9% APR (variable).
Lloyds Bank Cashback Credit Card Mastercard
3.3
★★★★★
22.94%
22.94%
(5% fee)
£0
22.9% APR (variable)
0.25% on £1 to £4000 of yearly spend. 0.5% after £4001 of yearly spend. Cashback paid January 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 22.94% (variable) p.a., your representative rate is 22.9% APR (variable).
Halifax Cashback Credit Card Mastercard
3.5
★★★★★
22.94%
22.94%
(5% fee)
£0
22.9% APR (variable)
0.25% on £1 to £4000 of yearly spend. 0.5% after £4001 of yearly spend. Cashback paid January 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 22.94% (variable) p.a., your representative rate is 22.9% APR (variable).
Santander Edge Credit Card Mastercard
4.5
★★★★★
23.9%
23.9%
(3% fee)
£3 per month
29.8% APR (variable)
Limited time offer: Existing Santander Edge current account customers can also receive £18 for opening a Santander Edge credit card between 21 May and 2 July 2024. T&Cs apply.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Santander World Elite Mastercard
4.4
★★★★★
0% for 18 months reverting to 18.9%
0% for 18 months
(0% fee)
£15 per month
49.8% APR (variable)
0.5% on £1 to £3000 of monthly spend. Maximum of £15 cashback paid per month. 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 18.9% (variable) p.a. with a fee of £15 per month, your representative rate is 49.8% APR (variable).
Lloyds Bank World Elite Mastercard
4.2
★★★★★
22.94%
22.94%
(5% fee)
£15 per month
55% APR (variable)
0.5% on £1 to £15000 of yearly spend. 1% after £15001 of yearly spend. Cashback paid Anniversary 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 22.94% (variable) p.a. with a fee of £15 per month, your representative rate is 55% APR (variable).
Halifax World Elite Mastercard
4.2
★★★★★
22.94%
22.94%
(5% fee)
£15 per month
55% APR (variable)
0.5% on £1 to £15000 of yearly spend. 1% after £15001 of yearly spend. Cashback paid Anniversary 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 22.94% (variable) p.a. with a fee of £15 per month, your representative rate is 55% APR (variable).
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1 - 8 of 21
Name Product Finder Score Purchases Balance transfers Annual/monthly fees Representative APR Incentive Link
Santander All in One Credit Card
4.5
★★★★★
0% for 15 months reverting to 23.9%
0% for 15 months
(0% fee)
£3 per month
29.8% APR (variable)
0.5% after £1 of monthly spend. Maximum of £10 cashback paid per month. 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 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Check eligibility
118 118 Money Guaranteed Rate Card
3.6
★★★★★
49%
49%
(0% fee)
£0
49% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 49% (variable) p.a., your representative rate is 49% APR (variable).
Check eligibility
Yonder Credit Card
4.5
★★★★★
29.94%
N/A
1 month for £0, £15 per month thereafter
66.7% APR (variable)
First month free for new members, £15 p/m thereafter. Plus, 10,000 bonus points. Earn 5 points per £1 spent and up to 25 points per £1 at selected partners. Membership includes worldwide travel insurance, no FX fees and use your points towards any flight.
Representative example: When you spend £1,200 at a purchase rate of 29.94% (variable) p.a. with a fee of £15 per month, your representative rate is 66.7% APR (variable).
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NatWest Credit Card
4.7
★★★★★
12.9%
12.9%
(0% fee)
£0
12.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
The Royal Bank Credit Card
4.7
★★★★★
12.9%
12.9%
(0% fee)
£0
12.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
The Ulster Bank Credit Card Mastercard
4.7
★★★★★
12.9%
12.9%
(0% fee)
£0
12.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
The Elfin Card
Not yet rated
14.8%
N/A
£0
14.8% APR (variable)
If you withdraw £1,200 from your credit line and make no early repayments, you will pay £173.52 in interest over two years at a representative APR of 14.8%. Total amount repayable: £1,373.52.
Coutts & Co Silk Credit Card Mastercard
3.0
★★★★★
19.99%
N/A
£0
20% APR (variable)
Thank You From Coutts - as spending increases cardholders automatically become eligible for a choice of gifts.
Representative example: When you spend £1,200 at a purchase rate of 19.99% (variable) p.a., your representative rate is 20% APR (variable).
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What types of cards use Mastercard?

The Mastercard network is used by both credit cards and debit cards, but you can also choose from Mastercard prepaid cards that can be loaded with funds in advance.

You can choose from a prepaid gift card which can be used by the recipient for shopping, dining and entertainment, an everyday prepaid card for bill payments and day-to-day purchases, or a prepaid travel card to make spending abroad more convenient than carrying around cash or traveller’s cheques.

How can I compare Mastercard credit cards?

  • Annual/monthly fees. A minority of credit cards charge an annual fee, which could be as low as £25 or upwards of £450 for an ultra-premium option. The credit card issuer determines the annual fee based on the features available, with more perks usually equalling a higher cost. For this reason, premium Mastercards can have higher fees because of the extra features they offer.
  • Interest rates. Standard credit card interest rates can significantly increase the cost of the card you choose, so it’s important to look at both the purchase rate and the cash advance rate for each card you compare. Again, the issuer sets these rates, which tend to be higher for more premium products.
  • Rewards. A wide range of Mastercard credit cards come with rewards programs or frequent flyer programs. These products offer you points per £1 spent on purchases and usually include other additional features as well as higher annual fees. When comparing rewards cards, consider the earn rate, the type of rewards available and your average card spending so that you can decide if the annual fee will be worth it.
  • Complimentary extras. Credit card providers may offer a range of additional perks, including complimentary insurance, concierge services, airport lounge access and flight vouchers. These benefits vary significantly between products and can add value to the card you choose if you use them.
  • Introductory offers. Credit card providers regularly offer new customers additional perks for a limited time, such as bonus points and 0% balance transfer rates or purchase rates. These features are available for an introductory period and can add short-term value to the card you choose.
  • Security services. In addition to the security services offered by Mastercard, credit card providers may offer 24/7 fraud-monitoring services, daily transaction limits or even the ability to temporarily lock your card if you have misplaced it. All credit cards are chip-and-PIN products, which offer superior security for in-person payments.

Full guide to Mastercard’s Priceless Cities

What are the pros and cons of using Mastercard?

Pros

  • You may be able to benefit from perks such as cashback, airport lounge access or air miles
  • Zero liability protection is included which means you won’t be held responsible for unauthorised transactions
  • You may be able to enjoy 0% balance transfer or purchase rates
  • Round-the-clock customer service assistance is included
  • Access to Priceless.com which offers cardholders free and discounted experiences across the globe, including sport and cooking lessons

Cons

  • Depending on the card you choose, interest rates can be high
  • Annual fees and other charges may apply
  • Deals offered may not be the most competitive

Who does Mastercard work with?

Mastercard works with a range of banks, card providers and financial institutions.
These include:

  • Amazon
  • Aqua
  • Capital One
  • Halifax
  • John Lewis
  • Lloyds
  • M&S Bank
  • MBNA
  • NatWest
  • Post Office
  • RBS
  • Sainsbury’s Bank
  • Santander
  • Tesco Bank
  • TSB
  • Virgin Money

Where can you use Mastercard?

You can use your Mastercard wherever you see the Mastercard logo, including in restaurants, supermarkets, retailers and at cash points. As one of the largest payment networks in the world, you can use Mastercard almost everywhere, both in the UK and overseas.

How to apply for a Mastercard credit card

You can apply for a Mastercard credit card in the same way as any other credit card. You’ll need to consider what you need your Mastercard for and look for the card that best suits those requirements. For example, if you’re looking to spread the cost of a large purchase, you might want to choose a 0% purchase credit card. Or if you’re planning to spend abroad, look for a card that charges low fees for overseas transactions.

It’s a good idea to use an online eligibility checker to see which cards you are most likely to be accepted for, without damaging your credit score. Note that to qualify for the most competitive cards, you’ll usually need a good credit rating. Once you’ve made your choice, depending on the card provider/bank, you may be able to apply online, over the phone or in branch.

Difference between Mastercard and Visa

Mastercard and Visa have many similarities. You can use both to pay for goods online or in-store and you can use both to withdraw cash. Where they differ is in which providers offer them and the benefits and rewards available.

One of the biggest differences is that online retailer Amazon has said it will stop taking Visa credit card payments from January 2022 due to high transaction fees charged by the payment processor. Although this decision has been postponed and Visa and Amazon are working on a potential solution over payment fees, Mastercard credit cards offer more certainty going forward.

Visa and Mastercard also use slightly different exchange rates when used abroad, but both are close to the market rate used by currency traders.

The history of Mastercard

Mastercard credit cards were originally developed in the US in 1966. This was during the early days of modern credit and charge cards, and there was a huge demand for products that could be used to make payments at a wide range of businesses. This led to the formation of the Interbank Card Association (ICA) and the MasterCharge card.

The Mastercard brand officially came into effect in 1979 as an evolution of this card payment network. It continued to grow as a major credit card brand and officially offered an IPO through the New York Stock Exchange in 2006 (trading as MA). Along with Visa, Mastercard has been at the forefront of credit card technology developments for security and card acceptance, including the implementation of EMV-chip credit cards and contactless payments.

How does Mastercard make money?

Mastercard’s profits primarily come from the entities that use their services, such as banks and shops. Some of their sources of revenue include the following:

  • Card issuer fees. Mastercard charges financial institutions service fees for the use of their payment systems.
  • Bank settlement fees. Credit card issuers pay this fee at the time of settlement of payments.
  • Overseas fees. Mastercard charges issuers a fee for processing payments made in a foreign currency. These charges are often passed onto credit card customers in the form of a foreign currency or international transaction fee.

Frequently asked questions

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.

Written by

Chris Lilly

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 profile

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