M&S Bank Promo Code May 2025 - 50% OFF

M&S Bank, a retail bank operating in the United Kingdom, offers a comprehensive range of personal banking products and services designed to cater to the financial needs of its customers. Founded in 1985 as St Michael Financial Services, the bank has evolved significantly over the years, adopting its current name in 2012 and becoming a wholly owned subsidiary of HSBC UK in 2004. M&S Bank provides various financial services, including credit cards, loans, savings, and insurance. Its credit card offerings feature an 'M&S Points' loyalty scheme, rewarding customers with Marks & Spencer vouchers and offers. The bank also offers a dedicated credit product, Sparks Pay, which provides instant credit of up to £500 for spending at M&S online or in-store, with up to 45 days interest-free. The bank's product range includes personal loans, with amounts available between £1,000 and £25,000. Insurance products, such as home, car, travel, pet, and life insurance, are also offered underwritten by various providers. Additionally, M&S Bank operates around 100 bureaux de change and travel money hubs in Marks & Spencer stores across the UK, allowing customers to buy and sell up to 40 currencies. M&S Bank's services are primarily available online and through telephone support, with additional marketing activities conducted through Marks & Spencer's stores and website. The bank's commitment to customer satisfaction is evident, with 88% of its customers recommending the brand to friends, according to a Finder.com customer satisfaction survey.