Sainsbury’s Bank is a British bank owned by the Sainsbury’s supermarket chain. It was the first supermarket bank to open in the UK. It is headquartered in Edinburgh and has nearly 2 million customers.
Sainsbury’s Bank is a British bank owned by the Sainsbury’s supermarket chain. It was the first supermarket bank to open in the UK. It is headquartered in Edinburgh and has nearly 2 million customers.
Sainsbury’s Bank is a British bank owned by the Sainsbury’s supermarket chain. It was the first supermarket bank to open in the UK. It is headquartered in Edinburgh and has nearly 2 million customers.
Sainsbury’s Bank is a British bank owned by the Sainsbury’s supermarket chain. It was the first supermarket bank to open in the UK.
Sainsbury’s Bank was launched in early 1997 as a joint venture between the supermarket and Bank of Scotland (later part of Lloyds Banking Group). In 2013, Sainsbury’s announced its purchase of the 50% of the business owned by Lloyds and completed the transfer in January 2014. The bank then became a wholly owned subsidiary of Sainsbury’s PLC.
Sainsbury’s Bank offers a range of financial products including credit cards, savings and loans, travel money, mortgages and home, travel, pet, life and car insurance products.
Savings accounts can be opened with just £1 and earn varied rates of interest depending on whether the account is easy access, defined access or fixed.
Personal loan products are available from £1-40,000, with top-ups also available.
Customers taking out a mortgage with the bank can take out a loan of up to 95% of their home’s value (up to £300,000) so requiring just a 5% deposit. Mortgage customers can also overpay up to 10% of their balance each year without charge.
Customers of Sainsbury’s Bank who both bank and shop with the company can earn bonus Nectar points and preferential rates across a range of Sainsbury’s products.
Car and home insurance policies are underwritten by selected insurers, life insurance by Legal & General, pet insurance by Allianz and travel insurance by ETI International Travel Protection. Nectar Card holders receive a range of discounts on insurance products.
Sainsbury’s Bank also offers international money exchange and travel money services. Nectar Card customers get improved travel money rates.
Sainsbury’s Bank products are covered by the Financial Services Compensation Scheme (FSCS) up to the value of £85,000. Sainsbury’s offers customers extensive advice about fraud protection via their website.
33 Holborn
London
EC1N 2HT
Telephone: 020 7695 6000
Email: recruitment@sainsburysbank.co.uk
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Find answers in Q&As and ask your question
Useless
Uncaring, unhelpful, untrained, unprofessional. The worst customer experience ever. Avoid avoid avoid! Promises of call back on Monday. Nothing so far and it’s Thursday. Very much ‘computer says no’ attitude. Clearly no training as everyone says something different. Moved through 4 different departments in one call! No idea what they are doing. Complete joke of a company. Stay well away.
I got a credit card at Sainsbury’s had it one day and I blocked it disgusting
