Sainsbury's Bank has reduced rates on its Standard Nectar Cardholder loans by up to 0.2% for medium to large borrowing.
The Standard Nectar Cardholder loan for amounts between £7,500 and £15,000 now offers a rate of 4.8% APR over one to three years or 4.9% over four to five years.
This product is only available to holders of a Sainsbury's Nectar card, who've used the card in the last six months
Borrowers must apply for this loan online.
All rates are representative and are dependent on an individual's credit rating and the loan amount and term.
Sainsbury's Bank has reasserted its position at the top of the personal loan market by offering highly competitive rates to customers with a variety of borrowing needs.
Borrowers must remember to apply for this loan online.
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