The Asda Cashback Credit Card offers an easy way to earn rewards on your everyday spending, especially for those who regularly shop at Asda.
With competitive cashback rates and no annual fee, it’s a practical choice for anyone looking to get more from their purchases.
In this article, we’ll explore how the card works, how to apply it, and how you can maximize its benefits.
Key Features of the Asda Cashback Credit Card
The Asda Cashback Credit Card offers great rewards for regular Asda shoppers. Here are the key features that make it stand out:
- Cashback Rates: Earn 1% on Asda purchases and 0.2% on other eligible spending.
- Bonus Cashback: Take advantage of special promotions for extra cashback.
- No Annual Fee: No yearly fee, making it cost-effective for reward seekers.
- Purchase Protection: Get protection for items bought with the card against damage or theft.
- No Foreign Transaction Fees: Use the card abroad without extra foreign transaction charges.
How to Apply for the Asda Cashback Credit Card
Applying for the Asda Cashback Credit Card is a simple process. Here’s how you can get started:
- Online Application: Visit the Asda Money website to apply directly online.
- In-Store Application: You can also apply in person at participating Asda locations.
- Eligibility Criteria: You must be at least 18 years old, a UK resident, and have a stable income.
- Required Documents: Prepare your details, income information, and other necessary documents.
- Approval Process: Once your application is submitted, you’ll receive an instant decision or a follow-up based on your credit check.
Earning and Using Cashback
The card offers a simple way to earn and use rewards. Here’s how it works:
- How Cashback is Earned: Earn 1% on Asda purchases and 0.2% on eligible spending.
- Cashback Redemption: Redeem cashback as a statement credit or Asda vouchers for shopping.
- Limitations on Cashback: Some purchases, like bills, may not qualify for cashback.
- Tracking Cashback: Track your rewards via the Asda Money app or online banking.
- Maximizing Rewards: Focus on Asda purchases to earn more cashback, especially during bonus promotions.
- Cashback Expiry: Cashback may have an expiration date, so use it before it expires.
- Exclusions: Certain transactions, like cash advances or gambling-related spending, do not qualify for cashback.
Interest Rates and Fees
When using the Asda Cashback Credit Card, it’s essential to be aware of the interest rates and fees associated with the card.
Below are the key charges to keep in mind:
- Standard Purchase APR: 24.9% variable
- Cash Withdrawal APR: 27.9% variable for cash advances
- Balance Transfer APR: 24.9% variable for balance transfers
- Cash Advance Fee: 3% of the amount withdrawn, with a minimum fee of £3
- Late Payment Fee: £12 if a payment is missed
- Returned Payment Fee: £12 if a payment is returned due to insufficient funds
- Foreign Transaction Fee: No additional charge for transactions made abroad
Pros and Cons
Before applying for the card, weighing the benefits and drawbacks is helpful.
Here’s a quick look at the pros and cons of the card:
Pros:
- No Annual Fee: No yearly fee makes it a cost-effective choice.
- Simple Cashback Structure: Easy-to-understand cashback rates (1% on Asda purchases).
- Purchase Protection: Protects purchases made with the card.
- No Foreign Transaction Fees: Ideal for international use with no extra charges.
- Bonus Cashback Opportunities: Special promotions that allow you to earn extra rewards.
Cons:
- High Interest Rates: 24.9% APR on purchases and 27.9% on cash withdrawals.
- Low Cashback on Non-Asda Purchases: Only 0.2% cashback on non-Asda purchases.
- Limited Cashback Categories: Certain purchases (like bills) do not earn cashback.
- Cash Withdrawal Fees: Fees apply for cash advances, which can add up quickly.
- Cashback Expiry: Cashback may expire if not used within a certain period.
Exclusive Asda Benefits for Cardholders
The Asda Cashback Credit Card provides several exclusive benefits that enhance the shopping experience for cardholders.
These perks are designed to maximize savings and convenience.
- Exclusive Discounts: Cardholders can access special discounts on selected items in-store and online, available only to cardholders.
- Clubcard Integration: Link your Asda Cashback Credit Card to the Asda loyalty program for extra savings and rewards.
- Seasonal Promotions: Enjoy additional cashback opportunities and special offers during seasonal sales or Asda events.
- Partner Deals: Take advantage of exclusive deals with Asda’s retail partners, offering additional discounts on purchases.
- Asda Mobile Offers: As an Asda cardholder, you may receive exclusive deals on Asda Mobile plans, helping you save on your mobile expenses.
Comparing the Asda Cashback Credit Card with Other Cashback Cards
Comparing the Asda Cashback Credit Card with other options is helpful when choosing a cashback card. Here’s a quick comparison:
- Tesco Clubcard Credit Card: Higher cashback at Tesco but with an annual fee, while Asda’s card has no fee.
- Sainsbury’s Bank Credit Card: Better cashback at Sainsbury’s, but Asda’s card suits broader shopping needs.
- Halifax Cashback Credit Card: 0.5% cashback with no cap but higher interest. Asda’s card offers better rewards for Asda purchases and no foreign fees.
- American Express Platinum Cashback Card: Higher cashback with a high annual fee. Asda’s card is cheaper and offers solid rewards.
- Barclaycard Rewards Card: Similar cashback but no grocery rewards. Asda’s card gives 1% cashback at Asda.
Contact Details
You can contact their customer support team if you need assistance or have any inquiries about the Asda Cashback Credit Card.
Here are the contact details:
- Phone Number: Call Asda Money Customer Support at 0800 023 4194 for general inquiries and support.
- Email Support: Email customer support at [email protected] for assistance with your account or card-related issues.
- Mailing Address: Asda Money, Asda House, Southbank, Great Wilson Street, Leeds, LS11 5AD, United Kingdom.
To Wrap Up
The Asda Cashback Credit Card offers excellent value for those who frequently shop at Asda, with simple cashback rewards and additional perks.
While it has some limitations, its no annual fee and exclusive benefits make it a solid choice for everyday spending.
If you’re ready to start earning rewards, apply for the Asda Cashback Credit Card today through the Asda Money website.
Disclaimer
The information provided in this article is for general informational purposes only and may be subject to change.
Refer to the official Asda Money website or contact customer support for the most up-to-date details and terms.
