Sainsbury's Finance announce loan shake up
In an unprecedented market move, Sainsbury’s Finance has increased the customer reward available on personal loans between £7,500 and £15,000.
In addition to a competitive 6.9% APR Representative, Sainsbury's shoppers will benefit from a £100 Sainsbury's gift card and a double Nectar point reward for two years.
The total package is a market leading offer for the Sainsbury's shopper.
Market analysis by Sainsbury’s Finance reveals that the loan's combined package is the best available.
Indeed, when combining the benefit of the £100 gift card, the competitive rate and double Nectar reward, based on a £50 weekly shop, shoppers could reduce their total repayment by up to £152.
Shoppers spending £100 a week in store could reduce their repayment by up to £204.
Steven Baillie, Head of Loans at Sainsbury’s Finance said:
"In time for the New Year when many people look to consolidate existing debt, plan home improvements or think about new cars, we're pleased to be able to offer what we think is the best loan package on the market.
"Plus the more Nectar points earned in store, online and in Sainsbury's petrol filling stations, the greater the benefit."
The total package is a market leading offer for the Sainsbury's shopper.
Market analysis by Sainsbury’s Finance reveals that the loan's combined package is the best available.
Indeed, when combining the benefit of the £100 gift card, the competitive rate and double Nectar reward, based on a £50 weekly shop, shoppers could reduce their total repayment by up to £152.
Shoppers spending £100 a week in store could reduce their repayment by up to £204.
Steven Baillie, Head of Loans at Sainsbury’s Finance said:
"In time for the New Year when many people look to consolidate existing debt, plan home improvements or think about new cars, we're pleased to be able to offer what we think is the best loan package on the market.
"Plus the more Nectar points earned in store, online and in Sainsbury's petrol filling stations, the greater the benefit."
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