Asda Money and Jaja Finance offer £20 to new credit card customers

By Gloria Methri

Asda is offering £20 in cash rewards to customers if they open a new Asda Money Credit Card or Asda Money Select Credit Card account, provided by digital lender Jaja Finance, on or before 4 July 2023.

Asda Rewards is a loyalty program that provides customers with the chance to earn pounds, rather than points, each time they purchase certain products or complete a milestone mission.

To qualify for the offer, customers will have to spend at least £50 on their credit card and set up a Direct Debit within the first 60 days of account opening.

Lucas Dalglish, Chief Commercial Officer at Jaja Finance said, “We are once again offering Asda customers the opportunity to boost their Rewards Cashpot. We believe the additional £20 in the Asda Rewards cash pot will make a significant contribution towards customer’s pockets”

Katie Walley, Senior Director of Asda Money & Mobile, said, “We are always looking for new and rewarding ways to give something back to our loyal customers and we are confident that getting £20 back in Asda Pounds will be a welcome bonus for our customers.”

Shoppers using the Asda Money Credit Card and Select Credit Card will be rewarded with 1% of every £1 spent on groceries, fuel, George, and other Asda services, and 0.3% of every £1 spent on purchases outside of Asda. Rewards will be earned as ‘Asda Pounds’ that customers can then transfer into their Rewards Cashpots to use in-store or online.

More than four million customers reportedly use the Rewards app every month and have accrued over £70 million in their Cashpots, which they can spend to reduce their grocery bills.

The Asda Money Credit Card and Select Credit Card are competitively priced from 25.9% and 34.9% representative APR respectively with no annual fee. The Asda Money Select Credit Card is available to customers looking to improve their credit rating.