ASDA Money Select Credit Card Offers Cashback, No Annual Fee and Credit-Building Perks
Maximise ASDA Money Select perks with up to £100 welcome cashback in ASDA Pounds, no annual fee and straightforward ways to rebuild your credit
Key benefits of the ASDA Money Select Credit Card
The ASDA Money Select Credit Card is aimed at shoppers who want straightforward perks: no annual fee, a welcome cashback of 10% at ASDA in the first 90 days (capped at £100 ASDA Pounds) and ongoing cashback on ASDA supermarket and fuel purchases. That mix makes it attractive if you regularly do your weekly shop at ASDA.
Alongside cashback, the card offers lower initial credit limits from around £500 up to £5,000 depending on your profile and is issued in partnership with Jaja Finance. Those features keep risk down and encourage responsible use while you build a better credit history.
How it helps rebuild your credit
Designed as a credit-builder option, the ASDA Money Select Credit Card reports payment history to credit reference agencies, so paying on time and keeping utilisation low can improve your Experian, Equifax or TransUnion score over months. The representative APR is higher—around 34.9% variable—so it’s best used for regular small purchases you can clear each month.
Practical tips: set up a direct debit for at least the minimum payment, keep balances well under the limit and use the ASDA Rewards app to track ASDA Pounds and cashback. Over time, consistent responsible use can help you qualify for cards with better rates.
Eligibility, limits and costs
Acceptance leans towards applicants with limited or poor credit histories, making this card a real option for many who’ve struggled to get mainstream credit. Credit limits typically start at about £500 and can rise with good behaviour, but the higher APR means carrying a balance is costly.
There’s no annual fee and the welcome 10% cashback is paid in ASDA Pounds, so factor that into value calculations if you shop elsewhere. Always check the current representative APR and full terms on the ASDA Money website before applying.
Is it right for you? Quick comparisons and tips
If you’re a frequent ASDA customer and want to rebuild credit without paying an annual fee, this card makes sense. If you already have a decent credit score, alternatives like Tesco Foundation (representative APR around 29.9%), Capital One Classic or Barclaycard Forward might offer lower rates or different perks that suit your needs better.
Final call to action: check eligibility with a soft search, compare APRs and rewards, and apply online only when you’re confident you can manage payments. Responsible use of the ASDA Money Select Credit Card can deliver both short-term cashback and long-term credit improvement.