06 December 2016
Visit aciworldwide.com

M&S invites pre-registrations for new current account

15 April 2014  |  1418 views  |  0 Source: Marks & Spencer

The new account, which follows the successful launch of the M&S Premium Current Accounts* in September 2012, will be M&S Bank's first current account with no monthly fee.

Crawford Prentice, Deputy CEO of M&S Bank, said: "A current account with no monthly fee is the natural next step for M&S Bank and we have seen significant interest in the M&S Current Account since announcing details in March. As such, we wanted to provide a registration facility which would enable customers to receive more information as soon as the account is available."

M&S Current Account customers will benefit from a transparent account structure with an automatic £500 overdraft, the first £100 of which is interest-free and the remainder to be charged at 15.9 per cent EAR**. As with the existing M&S Premium Current Accounts, the new account will have no overdraft fees and customers will receive free text alerts as they approach their overdraft limit.

In addition, M&S Bank does not charge an ATM transaction fee for withdrawals abroad*** made with the M&S debit card.

M&S Current Account customers will earn loyalty points on debit card spend, with one point earned for every £1 spent in M&S (both in-store and online) using their M&S debit card. Customers receive £1 in M&S vouchers for every 100 points earned and points are automatically converted into M&S vouchers and sent to customers each quarter****.

In addition, M&S Current Account customers will receive a £100 M&S gift card once they've switched their current account using the Current Account Switch Service*****.

M&S Current Account customers can also benefit from exclusive offers on selected M&S Bank products.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit aciworldwide.comVisit VocaLink.comVisit contisgroup.com

Who is commenting?

Top topics

Most viewed Most shared
Royal Mint to issue digital goldRoyal Mint to issue digital gold
6932 views comments | 23 tweets | 24 linkedin
Bank CEOs fret about ROI as startups drive IT arms raceBank CEOs fret about ROI as startups drive...
6047 views comments | 16 tweets | 21 linkedin
hands typing furiouslyBanking UX Design Challenges and Opportuni...
5922 views 0 | 12 tweets | 5 linkedin
Amazon signs up tech firms to financial services cloud programmeAmazon signs up tech firms to financial se...
5890 views comments | 14 tweets | 15 linkedin
OCC to offer fintech firms bank charter statusOCC to offer fintech firms bank charter st...
5865 views comments | 22 tweets | 15 linkedin

Featured job

Find your next job