M&S bank launches its longest ever interest-free period

M&S Bank has launched its  longest  ever interest-free  period  for  new M&S Credit Card customers, who can enjoy 0% interest  on all purchases and balance transfers for 25 months from account opening.

All M&S Credit Card customers also earn one point for every £1 spent in M&S (in-store and online) and one point for every £5 spent elsewhere. M&S points are automatically converted into M&S vouchers and sent to customers each quarter. In addition, new customers will also receive a 500 points voucher, worth £5 to spend on M&S food, clothing or home, when they first use their credit card in M&S*.

Paul Stokes, Head of Products, M&S Bank, said: “It’s often quite difficult for customers to find a competitive offer on both balance transfers and purchases on the same card, which is what we’ve addressed with our latest time they shop using their M&S Credit Card.”

The M&S Credit Card has been awarded a 5* Defaqto rating for the last three consecutive years.

M&S Credit Card benefits:

Shopping with no interest to pay for the first 25 months

M&S  rewards  –  customers earn M&S points every time they shop with their M&S Credit Card

Balance transfers – when taking out a new M&S Credit Card, customers will  pay  no interest for 25 months on balance transfers made within 90 days of account opening (2.9% fee applies, minimum £5)

Up  to 55 days' interest-free credit – when the card balance is paid in full and on time each month

Representative 18.9% APR variable

No  cash  advance  fee  when purchasing M&S Travel Money with an M&S Credit Card

Accepted  wherever  the  MasterCard  logo  appears  (over 33 million locations worldwide).