Recent Personal Finance Articles

The Partnership Card: £15 Reward until 1 August

The Partnership Card has announced that it is offering 1,500 points to new cardholders who apply between 7 June 2017 and 1 August 2017. With each point worth 1p, the value of this reward is £15. The reward is delivered in the form of Waitrose/John Lewis vouchers, and will come along with your October 2017 voucher issuance.

How to Quality for the Bonus

In order to qualify, you must spend £500 (in one or more transactions) by 22 September 2017. This spend is not restricted to John Lewis and Waitrose but can be made anywhere MasterCard is accepted. Balance transfers and cash withdrawals will not count towards the £500 minimum spent requirement.

Eligibility

If you have previously held a Partnership Card, you won't be eligible for this offer. In order to qualify for the card, you must be at least 18 years old, a UK resident (not Channel Islands) and make at least £6,750 per year.

Partnership Card Rewards

Besides the current 1,500 bonus points on offer, the Partnership Card offers Waitrose and John Lewis shoppers 1 point on every £1 spent at John Lewis and Waitrose, and 1 point for every £2 of other spending. These points translate into a rewards rate of 1% on in-store shopping and 0.5% on purchases made elsewhere. Every 500 points earned is worth £5 in gift vouchers that can be redeemed at John Lewis or Waitrose.

Rewards Rates on First £500 of Spend and Ongoing Spending

Type of SpendEffective Rewards Rate
Rewards Rate on First £500 of Spend3%
Ongoing Rewards Rate on John Lewis/Waitrose Shopping1%
Ongoing Rewards Rate on Other Shopping0.5%