UK-based Sainsbury’s Bank has introduced two new competitive credit cards claiming its credit card proposition ‘has never been stronger’.
The Sainsbury’s Nectar Balance Transfer Credit Card offers the market’s longest interest free period of 29 months on balance transfers, in addition to six months interest free on purchases with a balance transfer fee of 2.89%.
It Nectar Low BT Fee Credit Card offers the market’s lowest balance transfer fee at 0.5%, along with a 12 months interest free on balance transfers and purchases.
Both credit cards also offer double Nectar points on Sainsbury’s shopping and one point for every £5 spent elsewhere, including when the card is used abroad.
Sainsbury’s Bank head of banking Simon Ranson said: "Our cards are designed to suit a range of needs and all come with competitive balance transfer and purchases offers as well as Nectar points. Our credit card customers are rewarded every time they use their card – whether they shop in Sainsbury’s or elsewhere."
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By GlobalData