Sainsburysas

The Benefits Of Sainsbury’s Bank Credit Cards

Credit cards are the way of life these days. Since people are always in such a hurry, they want to enjoy the convenience of transacting on the go and not having to worry about carrying enough cash around. There are two benefits to this – you don’t have to worry about losing money and you can buy anything you need, anytime. Choosing the perfect credit card is always a cumbersome process. Every bank promises the best offers with the lowest interest rates and best payback options. Sainsbury’s Bank Credit Cards are currently the best in the industry. Sainsbury offers a range of credit card right from Balance Transfer credit cards and purchase credit cards to low rate credit cards. Let’s look at the features of the various Sainsbury’s Bank Credit Cards:

Balance Transfer Credit Cards

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One of the biggest advantages of Sainsbury’s Bank Credit Cards is the customization that Sainsbury offers to its customers. With the Balance Transfer credit cards, customers can now transfer their old credit card balances to their Sainsbury’s Bank Credit Cards at the lowest rate possible and save a lot of money. The features of the Balance Transfer credit cards are given below:

Long Balance Transfer Credit Card Low Balance Transfer Fee Credit Card No Balance Transfer Fee Credit Card Dual Offer Credit Card
Special Feature No interest rate charged on balance transfers for up to 40 months No interest rate charged on balance transfers for up to 30 months No balance transfer fee No interest rate charged on balance transfers for up to 24 months
Annual Percentage Rate 18.9% 18.9% 18.9% 18.9%
Purchase Offers No interest rate charged on purchases for the first 3 months No interest rate charged on purchases for the first 6 months No interest rate charged on purchases for the first 3 months No interest rate charged on purchases for the first 24 months
Balance Transfer Fee 2.89% balance transfer fee for transfers made within 3 months and a fee of 3% afterwards 1.5% balance transfer fee for transfers made within 3 months and a fee of 3% afterwards No Balance Transfer Fee charged Flat rate of 3% on all transfers

Purchase Credit Cards

One of the biggest benefits of owning Sainsbury’s Bank Credit Cards is the ability to earn special nectar reward points. The purchase credit cards offer a great way of earning these reward points. Let’s look at the various purchase credit cards offered by Sainsbury Bank.

Purchase Credit Card Dual Offer Credit Card
Special Feature No interest charged on purchases for up to 27 months No interest charged on purchases for up to 24 months
Annual Percentage Rate 18.9% 18.9%
Nectar Points Earn two points for every £1 spent on fuel and shopping and one point for £5 spent elsewhere Earn two points for every £1 spent on fuel and shopping and one point for £5 spent elsewhere
Annual Fee No annual fee No annual fee

Low Rate Credit Card

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The low rate credit card is a special card offered by Sainsbury Bank. It has some of the best features among credit cards available in the market and is perfect for someone looking to build their credit history. Some of the features of this credit card are:

  • No annual fee
  • No balance transfer fee
  • Lowest annual percentage rate of 9.9%
  • Credit limit of approximately £1200
  • Bonus 5,000 nectar points for new customers if they spend £800 in the first three months on fuel or shopping
  • Earn two nectar points for £1 spent on fuel and shopping
  • Earn one nectar point for £5 spent elsewhere
  • No cash advance fee charged for Sainsbury Travel Money purchases made

Choosing the right credit card is of prime importance. Things can wrong very fast if decisions are made in a haste. Although carrying a credit card can offer flexibility and convenience, taking care while using it will hold you in good stead. Another important thing to consider is the acceptability of the card. Not all stores or online merchants accept all cards. Make sure you check the logos while shopping or you make end up utilizing a transaction that you cannot pay for.

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