M&S Rewards Plus: Worth It for Loyal Shoppers?
The M&S Credit Card Rewards Plus shines for frequent M&S shoppers, but if your spending skews elsewhere, you might want to look again.
The Quick Version
The M&S Credit Card Rewards Plus is a no-brainer for frequent M&S visitors, offering 1 M&S point per £1 and 2X points at M&S. With no annual fee and no foreign transaction fees, it certainly looks appealing. However, its 23.9% APR could be a dealbreaker if you don't pay your balance in full each month.
What's Inside
Here's what you get:
- Earn 1 M&S point per £1 spent and 2 points per £1 at M&S.
- A 500-point sign-up bonus just for getting approved.
- No foreign transaction fees, making it travel-friendly.
- £0 annual fee, which is rare for rewards cards.
What's Actually Good
Let’s be honest: the rewards structure is great if you’re all about M&S.
- ✅ Double points on M&S purchases mean your loyalty pays off.
- ✅ The no annual fee and no foreign transaction fees sweeten the deal for travelers and budget-conscious shoppers alike.
The Catch
But, there's always a catch.
- ❌ The 23.9% APR is steep, so it's not for those who carry a balance.
- ❌ Points are limited to M&S, which means if your shopping list includes other stores, this card's rewards won't help much.
- ❌ You'll need a credit score of 700+ to qualify, which can be a barrier for some.
Who It's For
If you’re regularly filling your cart at M&S, this card is a perfect fit. It's also great for those who travel abroad often, thanks to the absence of foreign transaction fees. But if you're someone who spreads their spending across various retailers, you might want something more versatile. Consider your spending habits carefully.
The Bottom Line
The M&S Credit Card Rewards Plus is a good pick for loyal M&S customers, but if you're after broader rewards, you might want to look elsewhere. For a card with more flexible rewards, check out our review of the Citi Custom Cash® Card: Cash Back with a Twist.
