Sainsbury's Bank

Hi i am just about finiished up paying a £5000 loan with Sainsburys Bank. This is my only dealings with Sainsburys financially and must say when this loan is paid up i would definately consider using them again if i ever find myself in the circumstances needing to borrow that much money. Whenever i have phoned their customer service i have always reached a UK based call centre which is a rarity nowadays. I have recently asked for a settlement figure with advice being given in a quick polite fashion over the phone, and backed up with a confirmation letter after. As mentioned i borrowed 5000 over two years for which i pay back £240 per month which ...  Read the complete review

Sainsbury's bank supplies savings, credit cards, loans and insurance. I took up a staff offer on a savings account to get bonus nectar points, I closed the account immediately afterwards because Tesco's was paying more at the time. The current rate (07/03/09) is 3% which is the same as ING and Bradford and bingley and is top of the confused.com best buy table. Opening an account is slow because it is done by post, sending forms takes about a week and you don't get your card until about a week after the account is confirmed as open. You have to send in a cheque for an initial deposit and you have to pay postage. I have had accounts with a lot of ...  Read the complete review

I don?t want to sound old at twenty-five but I remember the days when a trip to the supermarket was to buy bread, milk, butter and eggs but now it seems that you can buy everything from clothes, televisions, computers and even financial services. If you?d ever told me ten years ago that I?d start banking with a supermarket I?d have laughed all the way to the fruit and veg aisle ? it just wouldn?t have happened. Yet roll on 2004 and I am the owner of an Instant Access Savings Account at Sainsbury?s Bank. The reason I signed up to this bank is that (as those of you who have read my other reviews might recall) I have had a few problems with banks of late and have ...  Read the complete review

I was recently looking to take out a loan to consolidate my finances. As I already had an existing loan with Sainsburys Bank I decided to request the settlement figure so I knew how much to borrow. Having received several quotes I decided to close my existing loan with Sainsburys Bank and take out a new agreement with them. One of the main advantages being that as an existing customer they had my details on record and were able to agree to the loan over the phone - in total they took about 20 minutes to ask the necessary questions and agree to the loan. Sainsburys loans are all arranged over the telephone, once agreed a courier calls within 24 hours ...  Read the complete review

In September 1998, while I was shopping in my local branch of Sainsbury’s, I came across some promotional leaflets for a new banking service operated by the supermarket. One of the first things to catch my eye was the introductory offer for their new instant access savings account, which offered a massive 6.75% interest rate, far higher than I was getting on my money elsewhere. I picked up a copy of the leaflet and took it home. Shortly afterwards, I was talking to a good friend of mine, who happened to mention that she had opened one of these accounts with Sainsburys recently, and was really pleased with it (this was of course in pre-dooyoo days!) Armed with ...  Read the complete review