Marks and Spencer Balance Transfer

What are the current Marks and Spencer balance transfer offers for customers in the UK, in 2023?

The longest Marks and Spencer balance transfer offer is available on the M&S Transfer Plus card. This credit card offers new customers a long 0% for 28 months on balance transfers with a 2.99% balance transfer fee, minimum £5 and a representative 23.9 APR variable. This M&S balance transfer card also offers customers 0% for 3 months on purchases, from account opening.

An alternative M&S balance transfer offer is available on the M&S Shopping Plus credit card. This card offers new customers, 0% for 15 months with a 2.99% balance transfer fee, minimum £5 and a representative 23.9 APR variable. This card also offers customers 0% for 18 months on purchases from account opening.

M&S Balance Transfer Credit Card

The following featured M&S balance transfer credit cards are currently available for UK customers:-

Card Offers

M&S Transfer Plus*

Balance Transfers:

0% for 28 months

Balance Transfer Fee:

2.99%

Purchases:

0% for 3 months

Representative APR:

23.9% APR (variable)

More Information >

Card Details

M&S Transfer Plus*

• 0% for 28 months on balance transfers made within 90 days of account opening
• 2.99% balance transfer fee, minimum £5
• 0% on purchases for 3 months from account opening
• Collect M&S points every time you shop anywhere in the world with your card
• One point for every £1 you spend in M&S and one point for every £5 you spend elsewhere
• Manage account online
• Annual Fee: None

More Information >

Application Criteria

M&S Transfer Plus*

• You are a UK resident
• You have an annual income or pension of at least £6,800
• You are aged 18 or over
• You have not held a credit card with M&S Bank within the previous 12 months

More Information >

Card Offers

M&S Shopping Plus*

Balance Transfers:

0% for 15 months

Balance Transfer Fee:

2.99%

Purchases:

0% for 18 months

Representative APR:

23.9% APR (variable)

More Information >

Card Details

M&S Shopping Plus*

• 0% for 15 months on balance transfers made within 90 days of account opening
• 2.99% balance transfer fee, minimum £5
• 0% on purchases for 18 months from account opening
• Collect M&S points every time you shop anywhere in the world with your card
• One point for every £1 you spend in M&S and one point for every £5 you spend elsewhere
• Manage account online
• Annual Fee: None

More Information >

Application Criteria

M&S Shopping Plus*

• You are a UK resident
• You have an annual income or pension of at least £6,800
• You are aged 18 or over
• You have not held a credit card with M&S Bank within the previous 12 months

More Information >

Marks and Spencer Credit Card Balance Transfer

The M&S balance transfer credit cards, are issued as Mastercard cards. The M&S credit cards can be applied for by customers who are UK residents, and aged 18 or over. Customers applying for a M and S balance transfer card also need to have an annual income, or pension, of at least £6,800.

The Marks and Spencer balance transfer cards also offer customers preferential rates when using your M&S balance transfer card to order M&S travel money. There is also no cash advance fee charged, when using the card for travel money purchases at any M&S travel bureau.

The Marks and Spencer balance transfer credit card is a very popular credit card within the UK market. The card currently offers one of the longest 0% offers available on balance transfers in the UK market. The card is promoted by Marks & Spencer, to both new and existing customers, on the high street and also online.

M and S Balance Transfer For Existing Customers

M&S Bank is run as a joint venture arrangement between Marks & Spencer and HSBC Bank. This means that the M and S balance transfer credit cards are actually issued by HSBC Bank.

As a result, balance transfers can not be made to the Marks and Spencer balance transfer cards from any other HSBC balance transfer card. These also include the First Direct credit cards as these cards are also issued by HSBC.

Some of the Marks and Spencer balance transfer offers from M&S Bank were reduced in length in March this year. M&S Bank, like many other card companies, now offer shorter 0% introductory offers to new customers. The Shopping Plus card had previously offered 0% for 21 months on purchases and 0% for 18 months on balance transfers, for example.

M&S Credit Card Balance Transfer

In addition to the above M&S balance transfer offer, the M&S Bank balance transfer credit cards offer customers M&S points on purchases. Every time you shop with your Marks and Spencer credit card you collect M&S points. This applies in both Marks and Spencer and other high street stores or when you use your card online. Customers receive 1 point for every £1 spent in M&S and one point for every £5 spent elsewhere.

M&S points are converted into M&S reward vouchers four times a year. These reward vouchers are then posted directly to the customer. The reward vouchers can be used either in the M&S high street stores, or online.

The M&S Bank balance transfer cards have, in the past, been seen as more of a rewards credit card, than a long balance transfer credit card. However, the current Marks and Spencer balance transfer offers are now very competitive in the UK credit card market.

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