M&S Bank Login @ www.marksandspencer.com
The M&S Bank name was rolled out in 2012, but they have used a few other trading names starting with St Michael Financial Services in 1985. Marks & Spencer’s retail history heads back to 1884 where they made their name in clothing. They had been the market leader before being edged out by Next. Luxury food has become an increasingly popular market served. As far as banking products go, these are taken on by HSBC who acquired in 2004. The retailer does however receive a share of the profits as part of the deal. There are 29 trendy banking branches that are built within the high street stores. You may be familiar with HSBC’s First Direct (another popular project).
It is tricky to analyse the popularity of M&S Bank since the financial products are pitched on www.marksandspencer.com and so this distorts traffic data with the bulk of site visits coming from shoppers (plus foodies). We don’t know why they don’t just use www.mandsbank.com that they instead use as a redirection. Of the retailers involved in banking, they certainly aren’t on the same level as Tesco for popularity. Virgin Money who operate in every niche under the sun may be a better match on the rivalry front. Since you are receiving HSBC’s products, these are packaged very competitively. This is evident through the 3% APR loan and huge switching bonus (£170 in gift cards over 2 years).
All financial products are promoted at http://bank.marksandspencer.com. When heading to sign in the M&S Bank login the portal will pop out at you. This is on the URL of https://www7.marksandspencer.com. That 7 isn’t a typo, but a type of subdomain used. Management is available for current accounts and credit cards, but not for loan control. Fans of the store may wish to check out their Premium Current Account that comes with vouchers and other perks, although this costs £10 monthly, whilst the standard option is free. Their customer support phone number is 0345 900 0900 and this line is open 24 hours. For card and loan enquiries the times are stripped back, but they are still reachable 7/7.
Market Share Ranking 2017…
M&S Online Banking Login Rank: NA.