M&S Bank Reward Plus Credit Card review January 2020

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Earn M&S points while you spend with the most rewarding card available from M&S Bank.

The M&S Bank Reward Plus Credit Card is designed to reward you every time you use it, and not surprisingly, if you’re already a regular customer, you’ll stand to benefit more than most.

You say: ★★★★★We say: ★★★★★

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).


Representative APR


Account fee

Up to 2,500 points

Intro bonus

Earn 1 point

per £5 spent


IssuerM&S Bank
Rep. APR19.9% (variable)
Annual/monthly fees£0
Loyalty schemePoints
IncentiveDouble points on spend in M&S for first 12 months (2 points per £1). Then earn 1 point for every £1 spent at Marks and Spencer's and 1 point for every £5 spent elsewhere. 100 points = £1 reward voucher. Points will be converted into reward vouchers 4 times a year.
Incentive on opening2000 Loyalty points worth £20 on first spend within 90 days. 500 points on opening worth £5.
Additional Rewards InfoNo 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 Premium Club for £10 pm to receive triple points on M&S purchases, 48 hot drinks vouchers worth £132 pa, £45 worth of Treats and Delights vouchers pq, £40 worth of M&S vouchers to spend on M&S home or clothing per year, a birthday gift worth £10, exclusive rewards, offers and discounts.
Purchases0% for 6 months reverting to 19.9%
Purchases interest-free period (days)55
Balance transfers0% for 6 months reverting to 19.9%

Expert review

Chris Lilly

Review by

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.

Expert review

The Reward Plus card offers introductory and ongoing rewards on spending both in-store and elsewhere, and the rewards you’ll earn come in the form of M&S points. All this means that you’ll need to be a very regular Marks and Sparks shopper to get the most out of the card, both in terms of earning and redeeming points.

Provided that sounds like you though, there are additional appealing perks you’ll be able to enjoy besides earning points – especially if you opt to upgrade to “Premium Club” for a small monthly fee.

If you currently carry an outstanding balance on another card, don’t worry – that needn’t stop you switching, as you can enjoy a 0% interest period on balance transfers. However if transferring a balance to pay less interest and clear debt faster is your main objective, there’s a more specialised M&S Bank card for that.

If you’re anticipating a large expenditure on your new credit card, this deal also comes with 6 months of 0% interest on purchases, allowing you to spread the cost at no additional expense.

The card is issued on the Mastercard network, meaning it can be used at more than 35 million merchants and ATMs worldwide.

Pros and cons

  • Earn reward points faster with additional cardholders.
  • An “all-rounder” – allowing you to earn rewards, transfer a balance and spread the cost of forthcoming purchases.
  • Enjoy tailor-made offers and priority access to new-season previews and sales.
  • The rewards offered by this card are not surprisingly heavily-biased towards shopping at M&S – when shopping elsewhere the rewards may disappoint.

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.

Repayment options

When it comes to repayments, you can make manual repayments online or over the phone (0800 997996), 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 M&S Bank Reward Plus Credit Card

If you want to earn M&S points while you spend with this card, 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 so that you can make this process as easy as possible.

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