M&S Bank Shopping Plus Credit Card review 2022

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

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.

  • As well as enjoying a break from interest, you’ll earn 1 point per £1 spent with M&S, and 1 point per £5 spent elsewhere.
  • You’ll need to be an M&S devotee to get the most out of this card.
Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a., your representative rate is 21.9% APR (variable).

24 months

0% interest on balance transfers


Representative APR

24 months

0% interest on purchases


Account fee


IssuerM&S Bank
Annual/monthly fees£0
Balance transfers0% for 24 months reverting to 21.9%
Balance transfer fee2.9% fee, min £5
Purchases0% for 24 months reverting to 21.9%
Purchases interest-free periodUp to 55 days
Cash advances23.9%
Minimum credit limit£500
Maximum credit limitNot specified
Additional cards available1
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.
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 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.
Potential costs★★★★★
Doing its job★★★★★
Overall Finder rating★★★★★

Review by

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

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 and cons


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


  • You’ll need to be an M&S devotee to get the most out of this card

Approval for any credit card will depend 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 24 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

First, you can use Finder's eligibility checker to find out if you'd be likely to get approved for the M&S Bank Shopping Plus Credit Card. This won't impact your credit score. If it's good news, you can then proceed to M&S Bank's online application, which takes 10-15 minutes to complete.

Frequently asked questions

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

If M&S Bank is able to offer you this deal, the offer 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 that you're reliable, you may wish to apply for a credit limit increase.

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

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 Shopping Plus Credit Card 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 23.9%, which is 9% 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 Shopping Plus Credit Card?

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.

What should I do with my old credit card after transferring the balance to the M&S Bank Shopping Plus Credit Card?

Transferring a balance doesn't automatically close your old account. In most cases, you'll want to close the old account(s) straightaway, especially if they have an annual/monthly fee or if you might be tempted to use them in the future. There is an argument that you should keep the old account open to help your credit score. That's because doing so keeps your "credit utilisation ratio" lower (that's a measure of how much credit you're using compared to what's available to you), and helps the average age of your credit accounts. However, unless you're just about to apply for a new mortgage, it's probably fair to say that most people would prefer to have no more bank accounts open than was truly necessary.

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

Non-sterling transactions are subject to a 2.99% charge (which is very standard). For example, if you spend 200 euros (£179.00), it'll cost you around £5.35 in fees.

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

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 Shopping Plus Credit Card?

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 ratings

★★★★★ — 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.

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.

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.


  1. Default Gravatar
    February 18, 2020

    I already hold an M&S credit card always pay my balance in full but I have house renevations to complete. Can I apply for the 20 month interest free card instead

    • Avatarfinder Customer Care
      February 19, 2020

      Hi Jean,

      Thanks for your question. Unfortunately the M&S 20-month 0% interest credit card is only available to new customers, and not existing M&S credit card holders. However, you can compare a range of other balance transfer cards that will give you a long interest-free period here.

      I hope this helps, but please let me know if you have any other questions.



  2. Avatarfinder Customer Care
    January 3, 2020

    Hi Nelle,

    Thanks for your question. Unfortunately M&S Bank credit card accounts can’t be used to pay off or settle a loan account. You may wish to consider a money transfer credit card. These allow cardholders to transfer funds from the credit card to another account.

    I hope this helps, but please let me know if you have any other questions.


Go to site