Our history

Our timeline plots some of the significant events from our journey so far.

2015

Marks & Spencer Financial Services celebrates 30 year anniversary.

2014

Launch of M&S Current Account with no monthly fee.

2012

M&S Money becomes M&S Bank and opens its first branch in Marble Arch.
Launch of M&S Premium Current Accounts.

2010

M&S celebrates 25 years of financial services.
M&S Money introduces the HSBC World Selection Portfolios.

2009

Launch of M&S Premium Club and M&S Everyday Savings Account.

2007

Launch of M&S Ethical Fund and Fixed Rate Savings.

2004

Marks & Spencer sells M&S Money to HSBC, one of the world's largest banking and financial services organisations. M&S Bank is run as a joint venture arrangement between Marks & Spencer and HSBC.
Launch of M&S Cash ISA and Car Insurance.

2003

M&S Financial Services changes its trading name to M&S Money.
The &MORE combined M&S Credit Card and loyalty scheme is launched (largest ever launch in Europe).

2002

Marks and Spencer Financial Services Limited becomes Marks & Spencer Financial Services plc.
Launch of M&S Travel Insurance and Pet Insurance.

2001

Launch of stakeholder pensions.

2000

Launch of M&S Home and Contents Insurance and Car Buying Plan.

1999

Launch of M&S ISA.

1991

Interest-free loans are offered to customers purchasing furniture in M&S stores.

1989

Launch of M&S Personal Loans.

1988

St. Michael Financial Services Limited changes its name to Marks and Spencer Financial Services Limited. Marks and Spencer Unit Trust Management Limited is created offering unit trust funds.

1985

St Michael Financial Services is launched in Chester, recruiting 80 staff. The M&S Chargecard is launched.