Compare Sainsbury’s Credit Cards

When you think Sainsbury’s, what do you think of? Shopping right? Well, while Sainsbury’s is certainly one of the UK’s leading supermarket chains, it also has a bank, Sainsbury’s Bank.

Sainsbury’s Bank is licenced to issue loans, insurance policies, savings accounts and credit cards.

In fact, Sainsbury’s has some attractive credit card deals that might be useful for your needs. They have so many credit cards that it might actually be hard to see the wood for the trees! Read on, and we’ll help explain things.

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Looking for a 0% balance transfer or 0% on purchases credit card?

Sainsbury’s have a number of credit cards available that offer various combinations of 0% on balance transfers and 0% on new purchases. So what does this mean?

Well, if you’ve built up a balance on an alternative credit card, a 0% balance transfer card would allow you to move this balance to a new credit card and pay it off interest free, over a period of time. If your balance is significant, this could save you money. Watch out for transfer fees which are often applied to the balance when it is moved across to the new card.

0% on new purchases means just that. Perhaps you fancy paying for next year’s holiday without having to pay any interest on the amount or maybe you want to do the Christmas shopping. With 0% interest on new purchases, you can pay with your credit card and not have to pay interest on the amounts as you repay them typically up to a defined time limit.

Let’s take a closer look at the cards available.

Card Name

Balance Transfer Interest Free Period

Transfer Fee

New Purchases Interest Free Period

Standard APR

Nectar only Long Balance Transfer

42 months

4.0%

3 months

18.9%

Nectar Exclusive Long Balance Transfer

40 months

2.42%

3 months

18.9%

Nectar Long Balance Transfer

40 months

2.89%

3 months

18.9%

Nectar Low Balance Transfer

33 months

0.69%

3 months

18.9%

Nectar No Balance Transfer Free

22 months

Free

3 months

18.9%

Nectar Dual

24 months

3.0%

24 months

18.9%

Nectar Purchase

18 months

2.89%

28 months

18.9%

The cards also give you 5,000 Nectar points when you spend £800 on Sainsbury’s shopping or fuel in the first three months. 2 Nectar points per £1 spent on Sainsburys shopping or fuel and 1 point per £5 spent elsewhere.

If perhaps, you just want a simple credit card with a lower basic rate of interest, Sainsbury’s also has a Nectar Low Rate credit card. This gives you all the nectar bonuses but comes with a 9.9% APR as opposed to 18.9% on other cards. However, the card is only available to new Sainsbury’s Bank credit card customers.

With all these cards you’ll need to hurry – the Nectar rewards offer is open until the 29 December 2016.

Compare other cards

Before committing to any new credit card, it’s always worth doing a credit card comparison to see what else is available on the market. Here, we make that really simple to do. How simple? Why not try it today and find out?

All Sainsbury’s Bank credit card details are based on information provided to comparethemarket.com on 27 October 2016.

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