Not just quality food but also loans. Sainsbury's loans are linked with the supermarket chain.
Sainsbury’s loans are offered by Sainsbury’s Bank plc, Chester, and are linked with the Sainsbury’s supermarket chain. Borrowers can apply online for an instant decision, and have the money transferred directly to their bank account. In these cases, loans must be arranged before 3.30pm.
The Sainsbury’s loan offers a fixed interest rate, and the option of taking a three-month repayment holiday at the start of the loan term. If you’d like the money in cheque form, you can choose to have it couriered to you within 24 hours. This service costs an extra £50, which will be payable 1 month before your first loan repayment.
To qualify for a Sainsbury’s Bank loan, you must be at least 18 and a permanent resident of the UK. You must also have a landline home telephone number. The loan’s payment protection cover (Creditcare) is underwritten by St Andrew’s Insurance plc.
If your loan application is accepted, Sainsbury’s Bank might also offer you a Sainsbury’s credit card, with which you can build up Nectar points.