Five Star borrowing from Sainsbury’s | Product News - Moneyfacts

Product News

Five Star borrowing from Sainsbury’s

Five Star borrowing from Sainsbury’s

Category: Loans
Date: 21/02/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Sainsbury's Bank has reduced rates by 0.1% APR on selected unsecured personal loan amounts for new and existing customers.

The basics…

Customers looking to borrow between £7,500 and £15,000 can now obtain a highly competitive rate of 4.6% APR for a Standard Nectar Cardholder Loan over a term of four to five years.

The finer details…

Example repayments: £7,500 over five years = £139.84

This rate is only available to those who hold a Nectar Card and apply by telephone or online, and borrowers must remember that rates are representative and depend on an individual's credit rating.

Why we like it…

This reduction from Sainsbury's Bank offers competitive rates in the mid-tier borrowing sector and sees them sit comfortably in the Moneyfacts best buys.

The highest accolade of five Moneyfacts Stars has been awarded.

What Next?

Check out our loans calculator for the best deal for you

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
Close