Review: ASDA Cashback Credit Card

UPDATE – SEPTEMBER 2024:  This article is now out of date, but don’t worry.  We produce a monthly directory of the top UK travel credit card offers – please click HERE or use the ‘Credit Cards’ menu above.  Thank you.

SPECIAL OFFER: Until 26th September 2024, sign up for FREE Barclaycard Avios Mastercard and you will receive a sign-up bonus of 10,000 Avios. This is double the usual bonus! You only need to spend £1,000 within 90 days. Our full review is here. Click here to apply.

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This is my review of the ASDA Cashback Credit Card.

Head for Points mainly focusses on credit cards which offer airline miles or hotel loyalty points for your spending.  However, it is pointless taking frequent flyer miles if there are better deals available from cashback credit cards such as the ASDA Cashback Credit Card.

Link:  ASDA Cashback Credit Card

Key facts:  The Cashback card has no annual fee

The Cashback credit card has a representative APR of 19.9%

What is the sign-up bonus?

Nothing at all.  If you are looking for a credit card with a generous bonus for taking it out, this card is not for you.

How much cashback do I earn?

The card pays you back 0.2% of your general spending and 1% of your spend in ASDA stores (including ASDA Living), george.com and ASDA petrol stations.  This is a generous deal for a card with no annual fee.

How is cashback paid?

Your cashback is not paid as cash.  You need to understand this before you apply.

You must download and print a voucher from the website when you have at least £2.50 of cashback due.  This voucher MUST be spent at ASDA.  You do NOT get cash paid into your bank account.

If you are a regular ASDA shopper then this is not a problem.  If you do not have an ASDA store near you then these cards are unlikely to work for you.

What other benefits do I get?

The free Cashback card has a number of additional benefits which you may or may not value:

• No fees when used to buy foreign currency from ASDA Travel Money
• 0% interest for 6 months on all george.com purchases of £200 or more
• 0% interest on balance transfers for 12 months (fee applies)

Conclusion

If you are looking for a cashback card which comes as a Visa or Mastercard, the ASDA Cashback card is as good as it gets in the current market.

The only snag is the need to spend your cashback vouchers in ASDA stores, but as long as this is not a problem for you then the cards offer good value.

You can apply on the ASDA Money website here.

Disclaimer: Head for Points is a journalistic website. Nothing here should be construed as financial advice, and it is your own responsibility to ensure that any product is right for your circumstances. Recommendations are based primarily on the ability to earn miles and points. The site discusses products offered by lenders but is not a lender itself. Robert Burgess, trading as Head for Points, is regulated and authorised by the Financial Conduct Authority to act as an independent credit broker.

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Want to earn more points from credit cards? – September 2024 update

If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.

In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

SPECIAL OFFER: Until 26th September 2024, sign up for FREE Barclaycard Avios Mastercard and you will receive a sign-up bonus of 10,000 Avios. This is double the usual bonus! You only need to spend £1,000 within 90 days. Our full review is here. Click here to apply.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.

Earning miles and points from small business cards

If you are a sole trader or run a small company, you may also want to check out these offers:

For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.