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M&S Bank Credit Card

Balance Transfer offer duration
16 months
Transfer Fee
2.9 %
Representative APR (variable)
19.9 % APR
  • 0% interest on balance transfers for 16 months
  • 0% interest on purchases for 18 months
  • Earn M&S points every time you shop
Check My Eligibility

Calculate your savings

Savings Calculator

Amount

How much would you like to transfer?

Repayments

How much can you repay monthly?

% APR

What's your current card's APR?

Update Savings

You'll save 490

See how we calculate this

Your savings

Interest savedInterest savedThe interest saved over the length of the 0% deal compared to borrowing on a card with your current APR (over the 0% period)
£577
Transfer feeTransfer feeThe one off handling fee that you will have to pay if you transfer a balance
£87
Annual feeAnnual feeSome cards charge an annual fee, although the majority are fee free
£0
You'll save
£490

We calculate the interest you would save by holding your balance on the new 0% interest card instead of your current card, taking into account the transfer fee, over the length of the 0% offer.

We assume you won’t do any spending on the card as this is usually charged at a different rate. For a full list of assumptions click here

Features

  • 0% interest on balance transfers for 16 months, then 19.9% APR (variable) (2.9% balance transfer fee, £5 minimum)
  • 0% interest on purchases for 18 months, then 19.9% APR (variable)
  • Collect 1 M&S point for every £1 you spend in M&S and 1 point for every £5 you spend elsewhere

Eligibility

  • Be a UK resident
  • Be aged over 18
  • Not have held an M&S Bank credit card within the previous 12 months

Rates & Fees

  • Balance Transfer OfferBalance Transfer OfferSome cards offer a special introductory interest rate on balances transferred from another credit card. Rates and duration can differ depending on individual circumstance
    Intro RateIntro RateThe lowest interest rate you will be charged over the balance transfer period on any balance transferred to the card depending on individual circumstance0 %
    DurationDurationThe length of time that you will be charged the introductory rate on any balance transferred to the card16 months
    Transfer FeeTransfer FeeThe one off handling fee that you will have to pay if you transfer a balance2.9 %
  • Purchase OfferPurchase OfferSome cards offer a special introductory interest rate on spending on the card
    Intro RateIntro RateThe lowest interest rate you will be charged over the purchase period on any new spending on the card depending on individual circumstance0 %
    DurationDurationThe length of time that you will be charged the introductory rate on new spending18 months
  • Annual Interest RatesStandard APRsThe Annual Interest Rate is the lowest interest rate that you will be charged on different types of borrowing after the end of any introductory offers. However, you may be charged higher rates depending on individual circumstance.
    Balance TransfersBalance TransfersThe lowest interest rate you will be charged on balance transfer after the end of any introductory offers depending on individual circumstance.19.9 %
    PurchasesPurchasesThe lowest interest rate you will be charged on new spending after the end of any introductory offers depending on individual circumstance.19.9 %
    Cash WithdrawalsCash WithdrawalsThe lowest interest rate you will be charged on any cash withdrawals you make with the card depending on individual circumstance.23.9 %
  • Other Key Facts
    Annual FeeAnnual FeeSome cards charge an annual fee, although the majority are fee free£0
    Cash Advance FeesCash Advance FeesThe proportion of any cash withdrawal you make on the card that you will be charged as fee2.99 %
    Minimum Age18 years
    Minimum Income£0
    Overseas Transaction FeeOverseas Transaction FeeThe proportion of any overseas transaction you make on the card that you will be charged as fee2.99 %

What do 'pre-approved' and 'card approved' mean?

Pre-approved means you will get accepted for the card, and at the rate advertised, providing the information you give is accurate and you pass the lender's checks (which may include a responsible lending check using open banking information).

Card approved means that you will get accepted for the card, providing the information you give is accurate and you pass the lender's checks, but could be offered a different rate to that advertised.

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