The ASDA Money Cashback Credit Card is designed for shoppers who want to earn rewards on everyday spending.
It offers cashback on purchases at ASDA and other retailers, making it helpful in managing regular expenses.
This guide explains how the application process works and what cashback rates you can expect before applying.
Main Features of the ASDA Money Cashback Credit Card
The card includes several practical features designed to help you earn rewards and manage daily spending more efficiently.
These points highlight what you can expect once your account is active.
- ASDA Cashback – Earns a higher rate of cashback when you shop at ASDA stores or online.
- Everyday Spending Cashback – Provides a smaller reward rate on purchases made outside ASDA.
- ASDA Money App – Lets you track spending, view cashback, and manage your account from your phone.
- Spending Alerts – Sends notifications to help you monitor transactions in real time.
- Card Security Controls – Allows you to freeze/unfreeze your card instantly if needed.
- Monthly Statements – Shows your spending breakdown and cashback earned for the billing cycle.
Basic Eligibility Requirements
You must meet several standard criteria before applying for the ASDA Money Cashback Credit Card.
These requirements help the lender verify identity, financial stability, and overall creditworthiness.
- Minimum age of 18 or older.
- Must be a UK resident with a valid UK address.
- Stable income that meets the lender’s affordability checks.
- A good credit history with no recent defaults or missed payments.
- Valid identification such as a passport or driver’s licence.
- Proof of address, such as a utility bill or bank statement.
Cashback Rates and How They Work
This card gives you rewards based on where you shop, with higher returns inside ASDA stores.
These points explain the exact cashback percentages and how each part of the rewards system operates.
ASDA Purchases – 0.75% Cashback
- Earn 0.75% on groceries, fuel, and all in-store or online ASDA shopping. Cashback is credited as Asda Pounds in your ASDA Rewards app.
General Spending – 0.20% Cashback
- Purchases made outside ASDA earn 0.20% cashback. This applies to most everyday retail and service transactions.
Eligible Categories
- Cashback applies to most everyday purchases like groceries, dining, fuel, travel, and retail. Restricted categories are not eligible.
Monthly or Annual Caps
- ASDA may apply limits to the total ASDA Pounds you can earn during a specific period. These caps depend on the card’s current reward structure.
Exclusions
- Cash withdrawals, balance transfers, interest charges, fees, gambling transactions, and similar activities do not earn any cashback.
Credit Timeline
- Cashback is added to your ASDA Rewards app after each billing cycle and can be redeemed at checkout in-store or online.
Fees, Charges, and Key Terms
The ASDA Money Cashback Credit Card includes several fixed fees and essential terms you should review before applying.
These details help you understand the real cost of using the card.
- Representative APR (Purchases): 29.9% (variable).
- Annual / Monthly Fee: £0 (no annual membership fee)
- Late Payment Fee: £12
- Exceeding Credit Limit Fee (Over-Limit Fee): £12
- Cash Withdrawal Fee (Cash Advance Fee): 3% of the amount (with a minimum charge of £3)
- Foreign (Non-Sterling) Purchase Fee: 2.99% of the transaction amount
- Minimum Credit Limit (example): £250
- Interest-free Period on Purchases: Up to 56 days if you pay the full balance by the payment due date
Step-by-Step Application Process
The application for the ASDA Money Cashback Credit Card can be completed online in just a few minutes.
These steps outline everything you need to do from start to finish.
- Access the Official Application Page – Visit the ASDA Money website and open the credit card application form.
- Enter Personal Information – Provide your name, address, date of birth, and contact details.
- Add Employment and Income Details – Include your job status, monthly income, and financial commitments.
- Undergo a Credit Check – ASDA Money reviews your credit history to confirm eligibility.
- Receive an Instant Decision – Most applicants get a quick response online.
- Card Delivery and Activation – If approved, your card will be delivered by post and must be activated before use.
How to Redeem and Use Your Cashback
Your cashback is credited as Asda Pounds in the ASDA Rewards app, and you can use it toward future purchases.
These points explain the different ways you can redeem and manage your rewards.
- Redeem Asda Pounds at Checkout – Apply your earned Asda Pounds when paying in-store or online at ASDA.
- Use Within the ASDA Rewards App – Convert your rewards into vouchers directly inside the app.
- Track Your Balance – View earned Asda Pounds and redemption history through the app’s dashboard.
- Combine With In-App Offers – Boost your reward value by pairing cashback with ASDA Missions or Boosts when available.
- Redeem Anytime – Rewards can be used whenever you choose, as long as your account is active and in good standing.
How to Maximise Your Cashback
You can increase your cashback earnings by using the card strategically and keeping track of your spending habits.
These tips help you make the most out of every purchase.
- Focus Your Spending at ASDA – Use the card for groceries, fuel, and online ASDA orders to earn the higher cashback rate.
- Use the ASDA Money App – Track cashback, monitor transactions, and redeem Asda Pounds efficiently.
- Pay the Balance in Full – Avoid interest charges that reduce the value of your cashback.
- Plan Large Purchases – Use the card for higher-cost items during months when you need extra rewards.
- Avoid Cash Withdrawals – Cash advances do not earn cashback and come with higher fees.
Credit Limit Assignment and How It Is Determined
Your credit limit is set based on your financial profile and how well you meet the card issuer’s affordability criteria.
These points explain the main factors that influence the limit you receive.
- Income Level – Higher or more stable income usually results in a higher starting limit.
- Credit Score – Strong credit history and on-time payments increase your chances of a better limit.
- Existing Debts – Your current financial commitments affect how much additional credit you can handle.
- Employment Status – Full-time or long-term stable work supports a higher limit.
- Affordability Checks – ASDA Money reviews your ability to repay before approving a specific limit.
- Account Behaviour Over Time – Good repayment history may qualify you for a future credit limit increase.
Customer Support and Contact Channels
Below are the verified support options for enquiries, issues, or urgent card-related concerns.
- Customer service phone: 0330 123 2261 (for credit card queries) — listed under the “Help & Support” section of the official site.
- Lost or stolen card hotline: 0344 381 1579 — this appears in the app’s support information for reporting a compromised card.
- Postal address: ASDA Money, Asda House, Great Wilson Street, Leeds, LS11 5AD.
- Email support: [email protected] — shown in the Google Play listing for the card’s app.
To Wrap Up
The ASDA Money Cashback Credit Card offers practical rewards and simple digital management for everyday spending.
Its cashback structure makes it especially useful for shoppers who visit ASDA regularly and want to stretch their budget further.
If you’re ready to start earning Asda Pounds on your purchases, visit the ASDA Money website and begin your application today.
Disclaimer
Information in this article is based on publicly available details and may change depending on ASDA Money’s latest terms and conditions.
Always review the official ASDA Money website or contact their support team to confirm current rates, fees, and eligibility requirements before applying.
