0% interest on transfer and purchases with M&S
M&S Money is offering customers a tempting credit card deal, by offering six months worth of 0% interest on both balance transfers and purchases, enabling cardholders to enjoy the convenience, ease, and flexibility of the card without having to worry about paying any interest on the transferred or purchase balance. The 0% offer comes into play with immediate effect, according to a recent report.
The M&S credit card will offer six months worth of interest free credit on purchases from the date of account opening, and also six months worth of interest free credit on balances transferred within six months of the account being opened.
There is a 2% balance transfer fee that applies on the card, with a minimum fee of £5. In addition to enjoying interest free credit customers will also be able to earn M&S rewards points whenever they use the card, which can then be concerted to vouchers to spend in-store. The credit card has a typical standard variable rate of 18.9%.
M&S has also recently launched another offer for consumers that are looking for finance and meet the eligibility criteria. This is in the form of cash back on personal loans. The retail giant, which has branched out into financial services like many other retail giants over recent years, is offering a 25% cash back deal on personal loans that are taken out between April 1st and June 3rd.
Whilst the credit card deal is likely to prove popular amongst credit card users, consumers are also reminded that it is important to compare other credit card from a range of providers to check whether there is a more suitable or affordable deal on another credit card.
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