Creation, the consumer finance specialist behind some of the UK’s best-loved High Street names, has joined forces with Asda, the UK’s favourite and lowest priced supermarket, to launch a new cashback credit card.
Asda Money will provide a range of financial services that targets the supermarket’s 18 million customers currently shopping every week at 542 stores nationwide. Creation will power the Asda Money Credit Card, which is the first supermarket cashback credit card in the UK.
The card has been developed to give Asda customers a quality, straightforward product to deliver real, everyday value. Asda customers can benefit from 1% unlimited cashback on Asda shopping and 1% cashback on Asda petrol. They will also get 0.5% unlimited cashback on all shopping outside of Asda.*
Lisa Simcox, Marketing Director at Creation, commented: "Creation and Asda have really listened to Asda customers, and what we heard was that customers like their shopping experience to be straightforward, rewarding, and with no catches. The Asda Money Credit Card gives you that – it’s not complicated and you’re rewarded whenever and wherever you use the card, with automatic monthly cashback delivering tangible value."
Kirsty Ward, Head of Asda Money, said: "Times are tough and we know families across the country are feeling the pinch; our latest income tracker shows families are £4 a week worse off and we want to do more for the millions of people who shop at Asda every day. Our customers rightly expect great value and great quality and that’s exactly what we are offering at Asda Money."
The new Asda Money Credit Card provided by Creation will offer: 1% unlimited cashback on your Asda shopping and 1% cashback on Asda fuel petrol; 0.5% unlimited cashback on all shopping outside of Asda; unlike some other cashback cards, the Asda Money Card has unlimited cashback and no annual fee; low APR of 14.9%; 12 month 0% balance transfer offer; no annual fee and no cash advance fees on Asda Travel Money. Customers can manage the card online or by telephone through Creation’s UK call centres, and is easily manageable with text alerts sent when payments are due.
Creation is the consumer brand of LaSer UK, a leader in card, loyalty and retail finance programmes. LaSer UK operates as Creation Financial Services Ltd, Creation Consumer Finance Ltd and Sygma Bank UK.
*Representative Example - Standard Purchases: 14.9% p.a. variable, Representative APR: 14.9% variable. This is for illustrative purposes only, based on a credit limit of £1200. The amount of credit may differ. Subject to status, applicants for credit must be aged 18 or over. Terms and conditions apply
All information is correct at the time of writing