Sainsbury's Bank Latest News
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07.11.2009 Double Nectar points on Sainsbury's shopping or fuel for 2 years for new
customers who buy Sainsbury's combined buildings and contents insurance (Up to a monthly maximum of 2,500 points).
01.11.2009 Save 10% on Sainsbury Travel Insurance Online. 20.06.2009 25% off home insurance until 29/06/2009 21.05.2009 Sainsbury's Finance are offering rate on 2.60% AER on the internet saver savings account until
08.06.2009 16.04.2009 Sainsbury's Bank reduces rate to 0.75% on internet saver accounts
for balances under £5,000.
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Sainsbury's Bank was established in 1997 as a joint venture with Bank of Scotland making it the first
of the supermarkets to set up a bank. Bank of Scotland has since become part of the Lloyds Banking Group. Sainsbury's
bank has 1.5 million customers who have deposited over £3.5 billion. Sainsbury's Bank website states "they operate under their own banking licence and is independantly regulated
by the FSA. We are a member of the financial services compensation scheme"
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Sainsbury's Bank product range
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Sainsbury's Bank offers a range of products. For savers Sainsbury's bank offers internet saver, instant access saver, direct saver, premier saver, child trust fund and deposit services. Insurance offers from Sainsbury's Bank include
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