M&S unveils 'free' current account with £500 overdraft and £100 gift card

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M&S unveils new current account
M&S unveils new current account

Marks & Spencer has unveiled plans to shake up the current account market by launching its first "free" account this summer.

Customers will be offered a £100 M&S gift card to switch to its new current account as well as loyalty points which they can spend in its stores and an automatic £500 overdraft, the first £100 of which is interest free.