Product news: Asda and LaSer UK launch new new MasterCard which offers monthly cashback reward
The monthly cashback on all purchases will be available to Asda Money Credit Card customers.
The Asda Money Credit Card has been launched in partnership with LaSer UK and MasterCard®. It targets Asda’s 18 million customers, and is the UK’s first supermarket to launch an unlimited cashback credit card.
The new Asda Money Credit Card will offer: 1% unlimited cashback on Asda shopping,1% cashback on Asda fuel and 0.5% unlimited cashback on all shopping outside of Asda, with no annual fee.
Kirsty Ward, Head of Asda Money, said, We’re launching the first supermarket credit card to offer cashback, that’s unlimited and pays back every month rather than once a year. Times are tough and shoppers don’t want complicated points schemes or rewards that don’t translate into real every day savings.”
The card is provided by LaSer UK, a specialist in developing loyalty and finance solutions for the retail sector.
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