Sainsbury's Bank plc is a British bank with approximately 1.7 million customer accounts and 207 travel money bureaux.
It is owned by Sainsbury’s, the second largest chain of supermarkets in the UK with over 161,000 employees. It was the first major British supermarket to open a bank in 1997. Up until 31 January 2014, Sainsbury's Bank was a joint venture between J Sainsbury and Bank of Scotland. From 1 February 2014, it is a wholly-owned subsidiary of J Sainsbury plc. The Bank offers savings accounts, personal loans, credit cards, foreign exchange, prepaid cards, money transfer, online banking as well as insurance products including car insurance, home insurance, pet insurance, life insurance and critical illness insurance. It has over 1,650 free to use ATMs across Sainsbury’s stores. As of February 29, 2016, Sainsbury's Bank had total assets of £4.499 billion, loans and advances to customers of £3.353 billion and customer deposits of £3.209 billion.
Credit Cards
Balance Transfer Credit Cards
| Annual fee | Purchase rate (variable) | APR Representative variable | |
| 42 Month Nectar Balance Transfer Credit Card | £0 | 18.95% p.a. | 18.90% |
| 40 Month Balance Transfer Credit Card | £0 | 18.95% p.a. | 18.90% |
| 33 Month Balance Transfer Credit Card | £0 | 18.95% p.a. | 18.90% |
| No Balance Transfer Fee Credit Card | £0 | 18.95% p.a. | 18.90% |
| Annual fee | Purchase rate (variable) | APR Representative variable | |
| Low Rate Credit Card (No balance transfer fee) |
£0 | 5.94% | 5.90% |
Purchase Credit Cards:
| Annual fee | Purchase rate (variable) | ||
| Purchase Credit Card | £0 | 18.95% p.a. | 0% interest on purchases for 29 months |
| Dual Offer Credit Card | £0 | 18.95% p.a. | 0% interest on purchases for 28 months |
Savings accounts:
Extra Saver - 0.55% - 0.85% AER (minimum deposit: £1)
Cash ISA - 0.80% AER (minimum deposit: £1)
Fixed Rate Saver - Up to 1.20% AER (minimum deposit: £5,000)
Sainsbury’s Bank Awards
"Best Personal Loan Provider" - Moneynet
"Best Rewards Credit Card" - Moneynet
"Best Loan Provider" - MoneySuperMarket Supers Awards
"Personal Loan Provider of the Year - Highly Commended" - Moneyfacts
"Best Direct Pet Insurance provider" - Moneynet
"Best Online Personal Loan Provider" - Money Direct
"Best balance transfer credit card provider" - The Personal Finance Awards 2016/2017
Head office address:
33 Holborn
London EC1N 2HT
United Kingdom
Phone number: +44 131 549 8040
Website: www.sainsburysbank.co.uk