Sainsbury’s Bank reduces loan rates | Product News - Moneyfacts

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Sainsbury’s Bank reduces loan rates

Sainsbury’s Bank reduces loan rates

Category: Loans
Date: 02/09/2013

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 It is now over 6 months old so the content may be out of date.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 on its Standard Nectar Cardholder loans by up to 0.2% for medium to large borrowing.

The basics…

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

The finer details….

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.

Why we like it….

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.

The highest accolade of five Moneyfacts Stars has been awarded.

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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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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