Topman Mastercard review September 2020
With double reward points and instant spend, the Topman credit card could be the financial accessory of choice for Topman regulars.
Finder rating: ★★★★★
Doing its job: 4/5
In a nutshell:
Up to 1,500 points
Earn 1 point
per £1 spent
|Balance transfer fee||5%|
|Purchases interest-free period||Up to 56 days|
|Min credit limit||£500|
|Max credit limit||Not specified|
|Additional cards available||4|
|Incentive||Earn 2 points for every £1 spent at Topman and other Arcadia Group stores and online, and 1 point for every £1spent elsewhere. Bonus 500 points on second Topman purchase which equals a £5 voucher.|
|Residency||UK resident, lived in the UK for last 12 mths, current UK bank account, a home or mobile phone number and regular income|
|Availability||Available to new customers|
|Balance transfer fee||5%|
|Foreign usage charge (EU)||2.75%|
|Foreign usage charge (rest of world)||2.75%|
|Cash advance fee||3% (min. £3)|
|Late payment fee||£12|
|Exceeding limit fee||£12|
|Additional card fee||£0|
Tom Stelzer is a writer for Finder specialising in personal finance, including loans and credit, as well as small business and business loans. He has previously worked as a freelance writer covering entertainment, culture and football for publications like FourFourTwo and Man of Many. He has a Master of Media Arts and Production and Bachelor of Communications in Journalism from the University of Technology Sydney.
If you’re in the market for a credit card and consider Topman as the staple supplier of your wardrobe, the Topman Mastercard may catch your interest.
Like with its Topshop sister card, if you’re itching to start shopping immediately, you can get same-day credit to use on online purchases through the Topman website.
You can also get up to £15 worth of bonus points to spend at Topman when you sign up, and will receive double reward points on all Topman and other Arcadia brand purchases. Naturally, reward points can only be spent at Topman, giving the card limited appeal to those who like to mix it up with their sartorial shopping choices.
However, beyond the Topman-specific perks, the card itself is fairly standard, with a relatively average APR and up to 56 days interest-free on purchases.
So unless you’re a Topman tragic and are certain to make the most of the double reward points, it’s probably a good idea to at least consider alternative cards.
How does this card compare with other similar cards on the market?
Other rewards cards
When it comes to repayments, you can make manual repayments online or over the phone (0333 220 2531), 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 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|
Applying for a Topman credit card
If you’ve compared cards and want to apply, 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.
Find a UK store credit card