Representative Example
24.9% APR
Representative (variable)
24.9%
Purchase rate p.a. (variable)
£1,200
Assumed credit limit
M&S Credit Card Transfer Plus Offer
0% interest on balance transfers for up to 30 months on transfers made within 90 days (3.49% fee, min £5)*
0% interest on shopping for 3 months from account opening
You need to be a Sparks member to apply, see eligibility criteria for more details
M&S plc acts as a credit broker and not a lender.
Credit is subject to status 18+. T&Cs apply.
Benefits of a transfer plus credit card
0% interest on balance transfers for up to 30 months
For transfers made within 90 days of account opening (3.49% fee, min £5)
0% interest on shopping for 3 months from account opening
Up to 55 days interest-free credit
When you pay your balance in full and on time each month
Earn Rewards points with every shop
Earn 1 point per £5 spent at M&S and elsewhere, which will be converted into M&S vouchers for you to spend.
88% of M&S Bank customers in Finder.com's customer satisfaction survey would recommend the brand to a friend.
More great benefits
Access your Rewards in Sparks through the M&S app
Access Rewards vouchers and track your points online or in the M&S app
Choose how to pay your credit card
Set up a Direct Debit
Add an additional cardholder
Both earn Rewards points on all your shopping (cardholders must be 18+)
No cash advance fee for M&S Travel Money
When you use your M&S Credit Card
Securely manage your credit card anytime
Use Internet Banking and the M&S Banking App
Help and support when you need it
Access help and support 24/7 with our virtual assistant or call our call centre
Frequently asked questions
Balance transfer FAQs
What is a balance transfer?
A balance transfer is where you transfer all (or some) of your existing credit or store card balance to another card. For example, you might transfer credit from one provider to us. The purpose of a balance transfer is to benefit from a 0% (or low) interest rate for a fixed period.What is a balance transfer credit card?
A balance transfer credit card lets you transfer the balance from one credit card (or more) onto a new card with low or 0% interest. Your new card - such as an M&S Credit Card with Transfer Plus Offer - will charge no interest for a defined period, subject to eligibility.How do balance transfer credit cards work?
Balance transfer credit cards allow you to move debt between cards. You need to make monthly payments to clear the debt. Following the promotional period, any remaining balance will be charged at the standard rate of interest each month until the balance is cleared.When there is an offer available to you, we'll tell you the promotional rate and how long it will apply. We assess these offers periodically, so the rates and term you're offered may vary over time. There is also a balance transfer handling fee (3.49%).
How long does a balance transfer take?
When you make a balance transfer request, the transaction should appear in your M&S Banking App between 1 to 2 working days. Once confirmed, you should receive a statement from your card provider showing the balance transfer.Do balance transfers affect your credit score?
Your credit score can be impacted by a balance transfer - both positively and negatively. When you apply for a balance transfer credit card, your credit score may be lowered initially, but this is usually just for the short term. Over the long term, you can improve your credit score if you make regular payments on time.What happens to an old credit card after a balance transfer?
When you make a balance transfer, your old credit card will remain open unless you decide to close the account. It will either have a £0 balance if you transferred the full amount, or the leftover balance, which would need to be paid off before the account can be closed.How do you make a balance transfer?
To make a balance transfer as an M&S Credit Cardholder, you will first need to register for digital banking and make sure your M&S credit card is activated. You can make a credit card transfer using the M&S Banking App or Internet Banking.What is the difference between a balance transfer and a money transfer?
A balance transfer is where you move debt between credit cards, whereas a money transfer is where you move funds from your credit card to your bank account.Do I get section 75 protection on a Transfer Plus Credit Card?
Yes, you may be protected under Section 75 of the Consumer Credit Act if you use your credit card to pay for goods or services between £100-£30,000 and something goes wrong with the supplier. This means your credit card provider could be jointly liable if certain criteria is met.Will a Transfer Plus Credit Card build credit?
You can build a good credit history by maintaining at least your monthly minimum payments on a credit card. This can prove to lenders that you're a reliable borrower. Building your credit history could help you with future borrowing and access to better interest rates. But remember, your credit score could be harmed if you don't make payments on time or go over your credit limit.Applying for a credit card
Who can apply for the M&S Credit Card?
You can apply for an M&S Credit Card if:- You are a UK resident, aged 18 or over, with a regular annual income
- You have an annual income/ pension of at least £6,800
- You have not been declined for an M&S Credit Card within the last 30 days
- You are happy for us to undertake a credit register and credit scoring search
- You have not held an M&S Credit Card within the previous 12 months
What information will we ask you for on the application form?
During your application we will need your:- Residential address
- Employment history
- Income
- Email address
- The account number and sort code of your bank or building society
- Your previous address, if you've lived at your current address for less than 3 years
When will my card arrive?
Once you apply and sign online, we will then open your account and send your card in the post. It should arrive in 3-5 working days. When your new M&S Credit Card arrives in the post, activate your card and you will be able to use it for purchases at M&S and elsewhere.General credit card FAQs
How can I pay my credit card?
There are many different ways you can pay your M&S Credit Card account each month including setting up a Direct Debit or online with a debit card via Internet Banking.Can I change my credit limit?
If you're an M&S Bank Credit Card customer, you can request a credit limit increase using Internet Banking. Some may not qualify for a credit limit increase, however decreases will always be applied if requested.Can I use my card abroad and will I be charged for this?
You can use your M&S Credit Card to pay for goods and services wherever you see the MasterCard logo. When you make a transaction in a foreign currency or cash advance/withdrawal with your M&S Credit Card, rates and fees may be added.Credit card Rewards
In what format will I receive my Rewards?
You will be able to access your live Rewards vouchers in your M&S account. If you want to receive your Rewards via post, you can update your preferences in your M&S account.How often will I receive Rewards in my M&S account?
Your M&S Rewards points will be converted to Rewards vouchers four times a year, usually in March, June, September and December.Can I receive paper Rewards?
If you want to receive your Rewards via post, you can update your preferences in your M&S account.Terms & Conditions
Marks and Spencer plc, Waterside House, 35 North Wharf Road, London W2 1NW acts as a credit broker and not a lender. Authorised and regulated by the Financial Conduct Authority (Register no. 718711). Credit is provided subject to status. Marks & Spencer Financial Services plc to UK residents aged 18 or over. We receive a payment from Marks & Spencer Financial Services plc for introducing customers who apply and are approved for credit. The payment is made to cover the costs we incur by offering credit products to our customers and may therefore vary depending on the credit product. It will not affect the amount you pay for credit.
*Our credit card balance transfers have a 3.49% fee, minimum £5. Terms and conditions apply. Don't forget to make at least your minimum payments on time to keep your promotional rates on balance transfers and purchases and save on interest. We accept balance transfers from most credit or store cards held with other lenders.
M&S Travel Money is not regulated by the FCA.