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Sainsbury's Finance 'extends internet saver offer'

Credit card provider Sainsbury's Finance has announced it is to extend its internet saver offer by an extra two weeks.

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26 August 2009

Sainsbury's Finance 'extends internet saver offer'

Credit card provider Sainsbury's Finance has announced it is to extend its internet saver offer by an extra two weeks.

Customers opening an account with deposit balances between £1,000 and £500,000 will be entitled to the special offer of 2.9% Gross AER variable until September 5th.

Those who put at least £1,000 into the account within the first 30 days of opening the account will also receive a bonus of 1,000 Nectar points.

Savers will not be able to make more than three withdrawals within the 12 months in order for the deal to be valid.

If more withdrawals are made within the initial time frame, the interest rate will revert to the accounts standard level, which is currently 0.51% Gross AER.

As well as accounts, Sainsbury's Finance also offers credit cards and loans.

It is currently offering a credit card that allows holders to collect two Nectar points for every £1 spent on Sainsbury's shopping, in addition to any points with their nectar collector card.

Users can also collect one point per £5 when they use the Sainsbury's credit card elsewhere.

The typical rate on the credit card is 16.9% APR typical, with 0% for the first 12 months on Sainsbury's shopping, subject to terms and conditions.

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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). **
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** 16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable). **
Barclaycard Platinum with BT Logo Barclaycard Logo Barclaycard Platinum with BT Apply
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