Rating based on 8 reviews

Sainsbury’s Bank

Updated

  • Debt Consolidation up to £35,000
  • Low-interest starting from 4.9%
  • Repayment up to 80 months

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Sainsbury’s Bank homepage

Author Sainsbury’s Bank. Screenshot of Sainsbury’s Bank website. [Accessed December 18, 2018]

About Sainsbury’s Bank

Sainsbury UK opened its doors in February 1997. Since then we have proven to be the leaders  in the banking and financial services industry, including offering competitive credit card packages.

Our financial products and services are designed specifically for the benefit of our clients. This is how we maintain customer loyalty.

Excellent customer service

With financial guidance and support, we will process your debt consolidation loan application and should you have any queries, do not hesitate to contact us. Telephone calls are free from a landline and from a mobile when calling from the UK.

Award winning financial products

Our award-winning range of financial products include credit cards, savings and loans as well as mortgages and life insurance. All our services are provided online and by telephone, providing the utmost convenience. It is what makes us a preferred credit provider.

Customer support is a guarantee!

We are here to assist our clients every step of the way. Should your financial situation change, please let us know. Sainsbury Bank offers financial support and assistance for a number of unforeseen financial situations and we would be happy to help you too.

Sainsbury’s Bank Services

The services we offer extend from debt consolidation loans, credit cards, personal loans and more.

What is debt consolidation?

Debt consolidation enables you to move all your debt repayments into one loan. It means that you are able to settle various credit card and loan arrangements with other creditors. It simplifies your debt repayments and budgeting as you simply then make only one monthly payment on your debt consolidation loan.

Advantages of a debt consolidation loan

  • Making only one monthly payment to keep track of, it makes debt management easier.
  • It could improve your credit rating as it could show lenders that you are managing your finances responsibly.

Interest rates vary on the loan amount, repayment terms and your personal circumstances. Generally, debt consolidation loans are unsecured.

Other services

  • Wide range of credit cards
    Customers have the option from a wide range of credit card packages that are designed to meet all your credit requirements with the extra added benefits of a great credit card provider. Each credit card available has certain eligibility criteria and thus is subject to approval.
  • Personal loans
    For all your personal loan requirements, we are there to assist you. With a 3.0% APR representative, you can get a low loan rate on loan amount from £7,500 to £19,999.

Sainsbury’s Bank Product Details

  • Loan Type Debt Consolidation
  • Interest Rate from 4.9%
  • Loan Amount up to £35,000
  • Repayment 1 year to 80 months

Benefits of Sainsbury’s Bank

  • Quick online debt consolidation loans
  • One affordable monthly repayment
  • Affordable loan deals
  • Competitive interest rates starting from 4.9%

With Sainsbury’s Bank, you can expect only the best!

Apply online in three easy steps for the debt consolidation loan you need to assist you financially.

Secure online application

Protected by 128-bit encryption software, you can rest assured that you online loan application is safe and secure. Once we have completed a credit check, you will be notified on the status of your loan. Upon loan approval, your funds will be transferred to your bank account.

Use our convenient online calculator to select the loan your amount you wish to borrow, including the repayment term preferred for your loan. A debt consolidation loan is exactly what you need to regain your financial control.

Requirements to apply for our debt consolidation loans

  • be over 18 years of age
  • have a permanent UK address
  • not have a history of bad credit
  • declined for credit in the 30 day
  • To complete your application you will also need the following information:
  • your bank/building society account details
  • details of all debt
  • employment details
  • your Nectar card

Do you qualify for a debt consolidation loan?

Our soft-search tool will not affect your credit profile as it is not a full credit search. It allows you to know whether you are likely to be approved for a loan. However, your loan approval is only final once you have finalised the loan application.

Support with your loan application

At Sainsbury’s Bank, we assist all our customers throughout their loan application process. Contact us to discuss your needs and we will offer suitable support.

Exclusive deals and rewards

Customers can also take advantage of the exclusive deals and rewards on offer.

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Sainsbury’s Bank is a trusted & reliable provider of debt consolidation

In our review, Sainsbury’s Bank adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Sainsbury’s Bank is a registered credit provider in the UK; FCA number 184514

Customer Reviews & Testimonials

It doesn't matter what you go into Sainsbury's Bank for the customer service is always excellent.

Kyle M
— London —

They always offer the best interest rates on loans with easy to manage repayment terms. I couldn't ask for more.

Eric A
— London —

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