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August 25, 2009    

Sainsbury’s extends Internet Saver offer

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by David Masters
”Sainsbury's

Sainsbury’s Finance has extended the special offer on its Internet Saver account until 5 September.

The offer, which pays interest at 2.9% Gross AER (variable), requires customers to deposit between £1,000 and £500,000.

Customers who fund the account with at least £1,000 within 30 days of opening will receive a bonus of 1,000 Nectar points.

To receive the special offer rate, customers must make no more than three withdrawals in a year.

Customers making more than three withdrawals will have their account reverted to the account’s standard interest rate of 0.51%.

Sainsbury’s Internet Saver has a “Moneyfacts – Trust It” rating for consistently offering a good interest rate over the past 36 months.

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