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Sainsbury's credit card holders will be able to qualify for extra Nectar points on their Sainsbury's shopping for two years, it has announced.

This is the equivalent to an additional 1% off their Sainsbury's shopping bill.

Double Nectar points on shopping will also be offered to those taking out other finance products such as home and pet insurance and an easy saver account.

The retailer hopes that the move will help it to strengthen its relationship with its core shopper base.

It also recently carried out a study that revealed of those asked, 59% said they would be more likely to spend more in their supermarket if they had a financial services product that adequately rewarded them on their shopping.

Neil Chandler, chief executive of Sainsbury's Finance, said: "Our new approach will allow Sainsbury's Finance customers to save money every time they go in store, fill up their car or shop online with Sainsbury's as well as benefiting from good quality, award winning financial products."

Sainsbury's is currently offering a credit card with 0% on Sainsbury's shopping for the first 12 months and 0% on all other shopping for ten months.

The typical rate on the card is 15.99% APR variable.

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Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9%
** 16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable). **
	Virgin Credit Card
	20 months	3 months	16.8%
** 16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable). **
	Barclaycard Platinum with BT
	22 months	3 months	17.5%
** 17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable). **
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