Asda Money Credit Card Welcomes 2024 With Up To £100 Cashpot Offer

Asda Money, in partnership with Jaja Finance, launches its best credit card reward rate yet, offering new customers up to £100 extra in Asda Pounds on their Asda spend.

The retailer is offering new customers a market-leading 10% back in Asda Pounds on their Asda spend, both in-store and online, for the first 90 days after their account is opened. The offer is valid from today until 11 March 2024 and is available to new customers who open a new Asda Money Credit Card or new Asda Money Select Credit Card.

Lucas Dalglish, Chief Commercial Officer, Jaja Finance, said: “We’re committed to rewarding our customers for their loyalty and our new market-leading offer is another example of that. The start of a New Year can be a difficult time for many consumers until they get over the cost of Christmas so we’re confident this offer will be another step to helping our customers manage their credit better.”

Katie Walley, Senior Director, Asda Money & Mobile “Our mission to reward customers for their loyalty remains at the centre of everything we do here at Asda. We’re always looking for new and improved ways to give back to our customers and our 10% offer is our best yet. We believe it will prove extremely popular with our customers.”

The Asda Money Credit Card and Asda Money Select Credit Card are priced at 25.9% and 34.9% representative APR (respectively) with no annual fee and aim to offer long-term, good value credit.

Customers earn 1% on spend at Asda as standard, which they can transfer into their Asda Rewards Cashpot to convert to vouchers to spend in Asda stores and online. Asda spend includes spend in Asda stores, at Asda.com, at George.com and on Asda products and services, including fuel and other services from Asda petrol stations. Shoppers using the credit card will also be rewarded with an additional 0.3% rewards on all other purchases outside of Asda.

In 2022, Asda Money signed an exclusive partnership deal with Jaja Finance, one of the UK’s leading digital lenders, to provide digital, reward-led credit cards to Asda’s 18 million customers. In July 2022, Asda Money Credit Card launched which was soon followed by Asda Money Select Credit Card, a credit card for customers wishing to build their credit score, and one of the very few credit builder cards in the UK that offers the same great benefits as its mainstream card.