25th February 2008

Sainsbury's Bank has changed the introductory offer on their credit card and it now offers 0% on balance transfers for 12 months from account opening, with a 3% handling fee, and an interest rate of a typical 15.9% APR variable. The Sainsburys credit card is a MasterCard and is available to online applications.

The Sainsburys Credit Card also has an introductory offer of 0% on Sainsbury's shopping purchases for 12 months as well as 0% on all other purchases for 3 months from date of account opening. In addition to the introductory offers, the Sainsbury's card also offers up to 4 Nectar reward points for every £1 you spend. Nectar reward points can be redeemed for a large range of goods and services.

The Sainsbury's Bank credit card has online servicing available 24 hours a day, an identity theft service and an online guarantee to safeguard against malicious card use.

The Sainsbury's credit card is available for online applications to UK residents who are aged 18 years old or over and who have a good credit history.

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Glossary

APR

the cost of credit that consumers pay, expressed as a simple annual percentage rate

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