In this article, we review the M&S Purchase Plus Offer credit card, which offers a competitive interest-free period on balance transfers and purchases.
Key facts about M&S Purchase Plus Offer credit card
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Best for: Regular shoppers at M&S
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Introductory offer: 0% interest for 20 months on purchases and 12 months on balance transfers (transfer must be completed within 90 days of opening the account)
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Representative APR: 24.9% variable
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Fees: 3.49% on balance transfers (minimum £5)
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Perks: Earn 1 rewards point (3 points if you are subscribed to M&S Club Rewards) per £1 spent in M&S and 1 rewards point for every £5 spent elsewhere. 100 rewards points can be redeemed for £1 in M&S vouchers.
Pros of the M&S Purchase Plus Offer credit card
- Card offers a long interest-free period for those who are looking to reduce an existing debt but still need to make additional purchases
- APR after the introductory period is competitive
- You can add an additional cardholder (over the age of 18), which can help maximise the number of M&S points you accumulate
Cons of the M&S Purchase Plus Offer credit card
- Rewards are only really attractive to those who regularly shop at M&S
- Cardholders are not permitted to transfer the balance from cards issued by HSBC, including other credit cards from M&S Bank or any from First Direct
- M&S points cannot be earned from balance transfers, cash advances or withdrawals, interest charges, M&S Travel Money, foreign currency or M&S reward vouchers
How to manage your payments on M&S Purchase Plus Offer credit card
How to find out which credit card is best for you
Money to the Masses has partnered with Creditec* to help find the best credit card for you. By entering a few basic details, you will be able to see a tailored list of the best credit cards based on your individual circumstances. You can sort your results by the feature that interests you most, such as by card type, total fees or cashback offered. On top of this, the credit cards that have been pre-approved for you will be highlighted, meaning you can be more confident that you will be accepted if you apply. (Pre-approval does not guarantee acceptance and is still subject to additional lender checks). Your details will be used to conduct a soft credit search often referred to as an eligibility check, which means your credit score will not be affected. Click on this link to get started*.
How to apply for the M&S Purchase Plus Offer credit card
You can check your eligibility for the M&S Purchase Plus credit card before you apply through our partner Creditec. If you are eligible, the application process is estimated to take approximately 7 minutes.
Alternatives to the M&S Purchase Plus Offer credit card
If a link has an * beside it this means that it is an affiliated link. If you go via the link Money to the Masses may receive a small fee which helps keep Money to the Masses free to use. But as you can clearly see this has in no way influenced this independent and balanced review of the product.
