Tag: Sainsbury’s Bank

Sainsbury’s Internet Saver pays 2% above base rate

Sainsbury’s Internet Saver pays 2% above base rate

With the Bank of England’s base rate (BBR) at an all-time low, Sainsbury’s Bank has announced that new customers opening an Internet Saver account will be paid a guaranteed 2% above the BBR. BBR currently stands at 1%, so the account pays interest at 3% Gross AER. The guaranteed rate is offered on balances between [...]

March 3, 2009 | 0 Comments More
Car insurance premiums down 3.1%

Car insurance premiums down 3.1%

Motor insurance premiums dropped 3.1% in the six months to 31 December 2008, according to figures from Sainsbury’s Bank. The supermarket insurance provider said annual car insurance premiums fell to an average of £498.22 in December 2008, compared to £514.16 in June 2008. However, the bank warned that premiums are likely to rise again this [...]

February 19, 2009 | 0 Comments More
Sainsbury’s Bank cuts loan interest rate

Sainsbury’s Bank cuts loan interest rate

December 30, 2008 | 0 Comments More