Supermarket credit cards

Credit cards that are offered by supermarkets such as Asda, Tesco, Marks and Spencer and Sainsbury's work in the same way that reward credit cards do, whereby basically you get rewarded, by way of savings and discounts, for spending, but the difference is, you are only rewarded for spending in that particular store.

Compare Credit Cards

The reason why this works is because most people have a particular supermarket store that they favour (whether it is for taste reasons or simply just location and practicality) and a great deal of your money ends up going into that particular store every week so any savings or discounts will be used on something that you would have bought anyway, rather than encourage an extravagant, and unnecessary, purchase like a cashback card rebate might.

Supermarket credit cards also tend to have a reasonably lengthy 0% balance transfer period and can therefore be a good option for the transferral of any expensive debt that you are paying off.

Often these types of card are only really worth having to use for your weekly shop, while you pay for everything else with a separate account, as you are only rewarded for the in store purchases. Sometimes they can even offer less return in monetary terms than a rival cashback card would, so be sure to check out the rates before you take anything for granted and make sure that you choose a card that suits your personal spending patterns.

More Credit Card Guides

Speak to an adviser

Our trained expert advisers have access to the UK’s leading lenders and using their knowledge and skills will place you with the most suitable leader and product for your needs.

01244 264 866

How can we help you?

So Smart Money are specialists when it comes to mortgage and insurance. We have access to the UK’s leading brokers and using their knowledge and skills they'll place you with the most suitable lender and product for your needs.

Speak to an expert for mortgage advice, life insurance cover, to protect your income, insurance your home or contents and private medical cover.

trust pilot

"Matthew at So Smart found me the best deal for my first Mortgage, he was extremely helpful! I would highly recommend this company!"

"I've been looking to switch mortgages recently to secure a better rate and the guys at So Smart Money helped me do just that."

"My mortgage enquiry was dealt with swiftly and professionally. I would highly recommend So Smart Money to others."

"I've used sosmartmoney a couple of times now, I checked my old mortgage with them and it encouraged me to get a better deal."

awards

Winner of AI Finance awards 2015 for:
Best personal finance comparison site &
Best online price comparison platform

FAQs
  • How do SoSmart Money make their money?
  • Which products can I compare with SoSmart Money?
  • Who are SoSmart Money?
  • Will I be contacted by other companies?

latest news View All News

Sign up to our newsletter