M&S Premium Current Account

Representative example (assumed arranged overdraft £1,200): 0% EAR variable on the first £100, 15.9% EAR variable thereafter.

The M&S Premium Current Account is subject to status and account conduct. You must be aged 18 or over. The M&S Premium Current Account is automatically renewed monthly.

Footnote 1* [1]Access to the M&S Monthly Saver is available when you switch to us using the Current Account Switch Service and include two active Direct Debits. You can save from as little as £25 up to a maximum of £250 a month. Which means that, if you pay in the maximum monthly contribution of £250 on the same date each month, for 12 months, you could earn gross interest of around £44.69. Partial withdrawals not permitted. Interest is paid at the end of the 12 month term. If you save less than £250 in any given month, you can carry over any unused allowance to the following months. Monthly Saver interest is calculated daily and credited annually at the end of the 12 month term. Rate is subject to change.

Footnote 2† [2] If you’re an M&S Credit Card customer you’ll earn 1 point for each £1 spent in M&S. As an M&S Premium Current Account customer you’ll earn an additional 2 points for each £1 spent in M&S (total of 3 points). As an M&S Premium Current Account and M&S Credit Card Reward Plus customer (still within your introductory period) you will earn 2 points for each £1 spent as an M&S Credit Card Reward Plus customer, along with an additional 2 points as an M&S Premium Current Account customer (total of 4 points for each £1 spent). At the end of your introductory period you will revert to earning 3 points for every £1 spent in M&S as standard for M&S Premium Current Account customers.