Asda Cashback Credit Card

By: Harvey Jones | Updated: 16th April, 2019

Asda is the UK's third largest supermarket chain – only Tesco and Sainsbury's are bigger. More than 18 million people shop in its stores every week, and if you are one of them, you should consider adding this card to your collection of plastic.

Great for: Cashback for Asda shoppers
4 stars question mark

The Asda Cashback Credit Card is an interesting card that sets itself apart from the competition. Cardholders get 0.2% cashback for all of their shopping, and an even better 1% for shopping at Asda and online affiliates (like It's important to note that the "cashback" is not true cash, but rather cashback vouchers to Asda. Tack on a balance transfer option and six months of 0% APR for large purchases at and this is a compelling card to consider.

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  • Poor/No credit
  • Fair/Average
  • Good/Excellent


  • No annual fee
  • 0.2% cashback vouchers for Asda on all purchases
  • 1% cashback vouchers for Asda for spending at Asda and
  • 0% on balance transfers for 12 months (3% balance transfer fee)
  • 0% APR for 6 months on purchases of £200 or more at
  • 10% cashback vouchers for Asda when you buy certain Asda insurance products
  • In-store purchases of more than £300 in Travel Money are eligible for a £5 discount


Standard purchases 19.9% p.a. variable
Representative 19.9% APR variable
Based on assumed credit limit £1,200

what we like

  • 0.2% cashback vouchers for Asda on all purchases
  • 1% cashback vouchers for Asda for spending at Asda and
  • 0% on balance transfers for 12 months (3% balance transfer fee)
  • 0% APR for 6 months on purchases of £200 at



    12 months 0% interest on balance transfers


  • 3.5/5 Perks
  • 5/5Fees
  • 5/5APR

Bottom line

Calling all Asda shoppers! If you haven’t already have taken out its cashback card, you should definitely consider popping this into your trolley. In today’s market, unlimited 1% cashback on your everyday essentials is pretty good, especially since it applies to Asda fuel too.

Credit Rating Requirement: Good/Excellent

What I like about Asda Cashback Credit Card

  • Unlimited cashback – This is what it’s all about — money back when you spend in-store or online. You get unlimited cash vouchers worth 1% of your spending at, Asda stores, Asda Living, Asda petrol stations, and its clothing arm, This is one of the most generous cashback deals on the market. You also get cashback on all your spending elsewhere, although at the greatly reduced rate of 0.2%.
  • 0% balance transfer benefits – You pay zero interest on balance transfers from existing credit cards for 12 months, although you do have to pay a 3% transfer fee. There are far longer balance transfer deals on the market but this is a nice little extra.
  • Quick eligibility check – Asda lets you quickly check online to see if you are likely to be accepted for this card, without leaving an application footprint that could affect your credit score.
  • Other benefits – Another, lesser benefit, is that you pay zero interest for six months on purchases of £200 or more at You also get 10% cashback on selected Asda insurance products. Also, there is no annual fee.
  • Worth knowing – All new purchases are interest free for 50 days. You pay a 3% fee for any cash withdrawals, capped at £5, and a foreign currency-conversion fee of 2.99% for overseas use.

Why trust me

I’ve been a personal financial journalist for 30 years, writing for national newspapers, magazines and websites. I reported on the technology boom in the 1990s, and the subsequent bust. I covered the financial crisis, and the tentative recovery. Decades of writing about the big banks has taught me to be sceptical, to examine every pledge and promise, and look closely at the small print of their product offerings. I’m on the side of the consumer, alert to rip-offs while also keen to highlight top deals. There are plenty out there, if you know where to look.

What could be improved

The headline Asda cashback offer is good but I do have a few minor quibbles.

  • The cash goes back to Asda – All the cashback you earn is allocated in the form of vouchers to spend in store at Asda, or online at So you don’t get cash in your hand, instead, you have to recycle it with Asda. That shouldn’t be a problem for regular Asda shoppers though.
  • 0.2% cashback – While 1% unlimited cashback for shopping at Asda is as good as it gets these days, the 0.2% on all of your spending elsewhere is… well, pretty meh. So for every £100 you spend outside of Asda, you get just 20p back. You are hardly being lavished with riches here.
  • 0% purchases deal – This card does offer an introductory interest-free deal on purchases for the first six months, but it only applies to purchases of £200 or more at, which is pretty limiting.

How does this Asda offer stack up?

The cashback market was hit by EU rules in 2015 capping the fees retailers pay to process card transactions. These days, most cashback cards pay between 0.25% and 0.5%, with limits on your spending. The Asda Cashback Credit Card gives you 1% on unlimited spending, including fuel, at all of its outlets. In today’s market, that makes it a real leader.

The Asda Cashback Credit Card credit score

When applying for a credit card, the issuer will check your credit rating with one of the big reference agencies such as Experian or Equifax. This will show a history of your borrowings for the last six years, and highlight any problem such as missed payments, bankruptcy or County Court Judgements (CCJs) against your name. Asda offers a two-minute eligibility checker on line. I tried this, dropping in one or two non-standard bits of information, notably a net income of just £1,000 a month, and was politely informed that I was not eligible. This tells me you need to be squeaky clean to get this card.

You will need a UK bank or building society account and a regular income through full or part-time employment, although students and retired people can also apply. Also a clean credit history, with no CCJs, bankruptcies or individual voluntary arrangements (IVAs).

How to apply

You will need your email address, mobile and home phone, residential address, employment status, net monthly personal income, and any partner’s income. You will need your address details for the last three years, your bank or building society details, employer’s name, the details of your other credit or store cards if you have any, and pen and paper to write down your application reference number. You should get an instant decision and the whole application process should take just 10 minutes or so online.

Is the Asda Cashback Credit Card right for you?

There is a simple test that will determine whether this card is right for you. Do you shop at Asda regularly? If the answer is yes, then this card could be a very good choice. You could always use another cashback or rewards card for your non-Asda shopping. However, if you rarely shop at Asda there are other cards that will provide you better benefits.

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