M&S credit card gets 12-month 0% balance transfer boost
Filed under: Credit Cards
The M&S Credit Card is getting a revamp.
Now as well as 15 months interest-free on purchases you will also be able to get 12 months interest-free on balance transfers for a fee of 2.9%.
Previously the Marks & Spencer Credit Card didn't come with a balance transfer option and was solely designed for new purchases.
Your guide to banking
The change means it is now part of the 'best of both' category as well as being a highly competitive 0% purchase credit card. It also retains the ability to earn M&S reward points through spending.
|Credit card||Length of 0% purchases||Length of 0% balance transfers||Balance transfer fee||Cost to transfer £2,000|
|Nationwide BS Select Credit Card*||12 months||20 months||1.55%||£31.00|
|Barclaycard 14/14 Platinum Visa||14 months||14 months||2.90%||£58.00|
|Marks & Spencer Credit Card||15 months||12 months||2.90%||£58.00|
|Halifax All in One Online MasterCard||15 months||15 months||3.00%||£60.00|
|Lloyds TSB Platinum Purchase Online MasterCard||13 months||13 months||3.00%||£60.00|
|Bank of Scotland Platinum Purchase Online MasterCard||13 months||13 months||3.00%||£60.00|
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