As the supermarket announces a new £20 'cashback' offer to credit card applicants, we look at the best ways to get rewarded for your regular Asda shop.
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Cashback tip #1: get an Asda credit card
Asda has just launched a promotion that will allow new credit card customers to earn £20 in ‘cashback’.
Those who apply for either of Asda Money’s credit cards before 13 May will receive their reward in Asda Pounds.
As the name suggests, these aren’t actual currency and can only be spent with the supermarket.
To qualify for the offer, you’ll need to spend at least £50 on the card and set up a Direct Debit within 60 days.
Once you’ve met this criteria, you should receive your £20 within 90 days of opening the account.
Your reward will show in your credit card app and online account.
Which Asda credit card is right for you?
If you fancy taking advantage of the offer there are two credit cards available to you: the Asda Money Credit Card and the Asda Money Select Credit Card.
If you're planning to use your card to pay for your Asda shopping and clear the debt in full each month (as you absolutely should), then there isn't much difference between the two cards.
Both come with the £20 ‘cashback’ offer for new customers.
On top of the introductory offer, both cards also pay 1% cashback on shopping within the supermarket and 0.3% on purchases elsewhere.
Likewise, neither card has an annual fee.
The only meaningful difference between them is the interest rate: the Asda Money card has a representative APR of 27.9% while the Select credit card charges 34.9%.
The Select card charges a higher rate as it's aimed more at borrowers looking to improve or build their credit rating.
If your rating isn't currently excellent, that would be the better card to go for.
Of course, not everyone is going to be happy having to take out a credit card just to earn something back on their Asda shopping. If that's you, there are other cashback options available...
Cashback tip #2: sign up to Asda Rewards
Asda Rewards is another way shoppers can earn a little something back when they spend at the supermarket.
By scanning the app every time you shop, you can build up your ‘cashpot’.
It’s essentially a cashback balance that can then be used in Asda down the line to reduce the size of your shopping bill.
‘Cashpot’ rewards can be earned in two main ways. The first is by purchasing ‘star products’, where you get 10% of the product’s price added to your cashpot.
There are also ‘milestone missions’ that you can complete for further cashpot additions.
These missions will vary and could cover spending a certain amount in a particular department or spending a minimum amount over a series of visits.
The scheme is free to join, so it’s got to be worth a try for regular and even occasional Asda shoppers.
Cashback tip #3: use a cashback website
Cashback websites are always a good option when shopping online, and that extends to doing your food shopping.
Some of the big sites pay cashback when you spend with Asda through them.
For example, at TopCashback you can get up to £7.35 when you spend at least £48 at Asda, while at Quidco you can earn up to £7 when you spend at least £40.
You just need to register for one of these sites, click on the tracked Asda links and do your shopping as usual.
Cashback will then be paid into your account once your purchase is verified.
While offers are sometimes reserved for first-time customers, they may also be available to existing shoppers.
Don't forget about voucher codes
Another good option if you want to save some cash at Asda is to see if there are any voucher codes you can apply to your shop, which will reduce the size of your bill.
There is no shortage of voucher code websites to choose from, though be warned these are often limited to new shoppers.
Pick up a Christmas Savings Card
It may only be Spring, but the earlier you start saving up for Christmas 2024 the better.
The Asda Christmas Savings Card allows you to save money on the card and, come November, you'll receive a bonus based upon what you've saved.
If you save £30, you'll get a £1 bonus; while saving £280 will bag you a healthy £15 reward.
You can load money onto the card at the checkout; an easy way to do this is simply rounding up your bill, or you can top it up online.
Make sure to register your card online so you still have access to your money if you lose the card.
Also, keep in mind that the card balance can only be spent at Asda and that the scheme isn't FSCS protected, so you would lose your money in the unlikely event the supermarket went under.
To save even more, combine your use of the Christmas Savings Card with a cashback credit card; learn more about these here.
Get a Delivery Pass
Asda charges up to £5 for each online grocery delivery, but you can save with the Asda Delivery Pass.
You are allowed to order as many deliveries as you might need for a set monthly or annual price, plus you have access to peak-time delivery slots at no extra cost.
Delivery Pass options include:
- Anytime Delivery Pass – 12 months (£65 one-off payment);
- Midweek Delivery Pass – 12 months (Tuesday to Thursday for £35 one-off payment).
You can also opt to pay for them monthly, in which case they cost £6.50 a month for the anytime pass and £3.50 a month for the midweek pass.
The delivery pass comes with a savings guarantee. Asda promises if the pass doesn’t save you more than standard delivery charges, you’ll receive an eVoucher for the difference.
Don’t forget to spend a minimum of £40 each time you use your pass. If your shop is below the minimum spend you can still checkout, but you'll be charged the price of your chosen delivery slot.
You can also check out our guide on supermarket deliveries and how to save money.
Try Asda’s Just Essentials range
Asda relaunched its budget range last year with the new name of Just Essentials.
It’s a no-frills range, but it can work out substantially cheaper than going for the pricier, branded alternatives.