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Here's what you need to know about your Asda Reward Credit Card™

The information contained in the following table summarises key product features and is not intended to replace any terms and conditions. For further information please read the terms and conditions here .

Summary Box

The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
APR
  • Typical 16.8% APR Variable
  • Rates from 16.8% APR to 24.8% APR depending on individual circumstances.
Other Interest RatesIntroductory Rate*Monthly RateAnnual Rate
Retail Purchases 0% p.a. for 3 months From 1.300% p.m. to 1.860% p.m.
 From 15.6% p.a. to 22.3% p.a.
Cash Transactions2 N/A From 2.104% p.m. to 2.130% p.m.
 From 25.2% p.a. to 25.6% p.a.
Balance Transfers2 0% p.a. for 12 months1 From 1.300% p.m. to 1.860% p.m.
 From 15.6% p.a. to 22.3% p.a.
Interest Free Period
  • Interest free period on Retail Purchases applies to the introductory rate period (if any). Otherwise, maximum 56 days on Retail Purchases if you pay your balance in full and on time.
  • Interest free period on Balance Transfers only applies to the introductory rate period (if any). Otherwise, there is no interest free period on Balance Transfers or Cash Transactions.
Interest Charging Information You will not pay interest on new Retail Purchases if you pay your balance in full and on time. Otherwise, the period over which interest is charged will be as follows:
 FromTo
Retail Purchases Date added to Account
 Repaid in full
Cash Transactions Date added to Account
 Repaid in full
Balance Transfers Date added to Account
 Repaid in full
Allocation of Payments

If you do not pay off your balance in full, payments we receive will be applied in the following order:

  1. Insurance Premiums
  2. Interest, Charges or Fees (other than foreign currency) (in that order)
  3. Balance Transfers (those with lower rates being paid first)
  4. Retail Purchases (in the order they were added to your Account)
  5. Cash Transactions (those with lower rates being paid first)
  6. Buy Now Pay Later Transactions (in the order they were added to your Account)

Foreign currency fees will be repaid in the same order set out above as the Transaction to which they relate. See the 'Other Financial Information' section of the Credit Agreement for full details.
Minimum repayment
  • The full balance outstanding if it is less than £5.00, otherwise 3% (minimum £5.00) of the outstanding balance.
  • If you only make the minimum payment it will take longer and cost more to clear your balance.
Amount of Credit

Minimum credit limit

£250

Maximum credit limit

Subject to Status
Fees
  • No annual fee
Charges

Introductory Rate Balance Transfers

2.99%
Special Transactions Balance Transfers
We will tell you the amount of the fee when offering these to you
Cash Transactions 3% (minimum of £3.00)

Paper copies of statements

£3.00

Overseas Transactions (including Cash Transactions)

2.75%

For further details, please refer to the Credit Agreement Additional Conditions.
Default Charges

Late Payment Fee

£12.00

Administration Fee for returned cheques or direct debits

£12.00

Over Limit Fee

£12.00

Trace Fee

 £25.00 (applied if you do not inform us of a change of address and we have to trace you)

1Applies to Balance Transfers made within 6 weeks of signing your Agreement 2Where permitted on the Account

Credit, subject to age and status, is provided by Santander Consumer Credit Services Limited. Registered office: 2 Triton Square, Regent’s Place, London NW1 3AN. Registered in England and Wales. Registered number: 3927500. Retailer is ASDA Stores Limited. Registered office: ASDA House, Southbank, Great Wilson Street, Leeds LS11 5AD. Registered in England. Registered number 464777.