M&S Bank launched in 2012, on the foundations of M&S Money, which was established more than
– as Marks & Spencer Financial Services - to bring the trusted Marks & Spencer brand values to
Today, M&S Bank operates as a joint venture arrangement between HSBC and Marks & Spencer.
Bank has its own banking licence and Board.
Marks & Spencer Financial Services first launched in April 1985, with the M&S Chargecard, which
staggering 270,000 applications within the first three weeks. Today, M&S Bank has evolved from a sole
card provider to a financial services provider offering a wide range products, specifically designed to
meet the needs of the M&S shopper - from the M&S Credit
Card, to a range of loans, savings and general
insurance products, while its travel money
service offers one of the widest ranges of currencies
available on the high street.
In 2019, M&S Bank became the official naming partner of the Liverpool Arena.
M&S Bank's official charity partners are Mind (link opens in a new
tab) and Claire House Children's Hospice (link opens in a new