Sainsbury's loans calculator and review

Sainsbury’s Bank are no longer accepting new loan applications from new or existing customers. Sainsbury’s Bank have stated that if you are an existing customer, no immediate changes will be made to your current products or services. Compare alternatives below.

Table: sorted by representative APR, promoted deals first

20 of 33 results

Finder Score	Loan amounts	Loan terms	Fee	Repayments
Finder score 8.3Great M&S Bank Personal Loan Existing Customers Only	Finder score 8.3Great	£1,000 - £30,000	1 year - 7 years	0%	£362.66 (£13,055.60 overall) Representative Example: Representative 5.7% APR fixed. Based on a loan of £12,000 for 36 months at 5.7% p.a. Total £13,055.6 repayable at £362.66 per month.	Representative Example: Representative 5.7% APR fixed. Based on a loan of £10,000 for 60 months at 5.7% p.a. Total £11,476.2 repayable at £191.27 per month.	Check eligibility View details Compare product selectionCompare	loading
Finder score 8.9Great HSBC Premier Loan Finder Award	Finder score 8.9Great	£1,000 - £50,000	1 year - 8 years	0%	£362.66 (£13,055.60 overall) Representative Example: Representative 5.7% APR fixed. Based on a loan of £12,000 for 36 months at 5.7% p.a. Total £13,055.6 repayable at £362.66 per month.	Representative Example: Representative 5.7% APR fixed. Based on a loan of £10,000 for 60 months at 5.7% p.a. Total £11,476.29 repayable at £191.27 per month.	Check eligibility View details Compare product selectionCompare	loading
Finder score 9.2Excellent Zopa Bank Personal Loan	Finder score 9.2Excellent	£1,000 - £50,000	1 year - 7 years	0%	£450.86 (£16,230.92 overall) Representative Example: Representative 22.9% APR fixed. Based on a loan of £12,000 for 36 months at 22.9% p.a. Total £16,230.92 repayable at £450.86 per month.	Representative Example: Representative 22.9% APR fixed. Based on a loan of £10,000 for 60 months at 22.9% p.a. Total £16,164 repayable at £269.4 per month.	Check eligibility View details Compare product selectionCompare	loading
Finder score 8.2Great M&S Bank Personal Loan	Finder score 8.2Great	£1,000 - £30,000	1 year - 7 years	0%	£362.66 (£13,055.60 overall) Representative Example: Representative 5.7% APR fixed. Based on a loan of £12,000 for 36 months at 5.7% p.a. Total £13,055.6 repayable at £362.66 per month.	Representative Example: Representative 5.7% APR fixed. Based on a loan of £10,000 for 60 months at 5.7% p.a. Total £11,476.2 repayable at £191.27 per month.	Check eligibility View details Compare product selectionCompare	loading
Finder score 7.9Great First Direct Personal Loan	Finder score 7.9Great	£1,000 - £50,000	1 year - 8 years	0%	£362.66 (£13,055.60 overall) Representative Example: Representative 5.7% APR fixed. Based on a loan of £12,000 for 36 months at 5.7% p.a. Total £13,055.6 repayable at £362.66 per month.	Representative Example: Representative 5.7% APR fixed. Based on a loan of £10,000 for 60 months at 5.7% p.a. Total £11,476.29 repayable at £191.27 per month.	View details Compare product selectionCompare	loading
Finder score 6.4Standard Nationwide Building Society Personal Loan	Finder score 6.4Standard	£1,000 - £50,000	1 year - 7 years	0%	£363.69 (£13,092.66 overall) Representative Example: Representative 5.9% APR fixed. Based on a loan of £12,000 for 36 months at 5.9% p.a. Total £13,092.66 repayable at £363.69 per month.	Representative Example: Representative 5.9% APR fixed. Based on a loan of £10,000 for 60 months at 5.9% p.a. Total £11,529 repayable at £192.15 per month.	View details Compare product selectionCompare	loading
Finder score 6.8Standard TSB Personal Loan	Finder score 6.8Standard	£300 - £50,000	3 months - 7 years	0%	£363.69 (£13,092.66 overall) Representative Example: Representative 5.9% APR fixed. Based on a loan of £12,000 for 36 months at 5.9% p.a. Total £13,092.66 repayable at £363.69 per month.	Representative Example: Representative 5.9% APR fixed. Based on a loan of £7,500 for 60 months at 5.75% p.a. Total £8,646.6 repayable at £144.11 per month.	View details Compare product selectionCompare	loading
Finder score 7.1Great TSB Personal Loan	Finder score 7.1Great	£1,000 - £25,000	1 year - 5 years	0%	£363.69 (£13,092.66 overall) Representative Example: Representative 5.9% APR fixed. Based on a loan of £12,000 for 36 months at 5.9% p.a. Total £13,092.66 repayable at £363.69 per month.	Representative Example: Representative 5.9% APR fixed. Based on a loan of £7,500 for 60 months at 5.75% p.a. Total £8,646.6 repayable at £144.11 per month.	View details Compare product selectionCompare	loading
Finder score 6.8Standard Tesco Bank Personal Loan (Clubcard)	Finder score 6.8Standard	£3,000 - £35,000	1 year - 10 years	0%	£364.20 (£13,111.19 overall) Representative Example: Representative 6% APR fixed. Based on a loan of £12,000 for 36 months at 6% p.a. Total £13,111.19 repayable at £364.2 per month.	Representative Example: Representative 6% APR fixed. Based on a loan of £10,000 for 60 months at 6% p.a. Total £11,555.4 repayable at £192.59 per month.	View details Compare product selectionCompare	loading
Finder score 7.6Great HSBC Personal Loan Finder Award	Finder score 7.6Great	£1,000 - £30,000	1 year - 8 years	0%	£365.23 (£13,148.24 overall) Representative Example: Representative 6.2% APR fixed. Based on a loan of £12,000 for 36 months at 6.2% p.a. Total £13,148.24 repayable at £365.23 per month.	Representative Example: Representative 6.2% APR fixed. Based on a loan of £10,000 for 60 months at 6.2% p.a. Total £11,609.19 repayable at £193.47 per month.	Check eligibility View details Compare product selectionCompare	loading
Finder score Not yet rated AA Personal Loan Member	Finder score Not yet rated	£1,000 - £35,000	1 year - 8 years	0%	£365.23 (£13,148.24 overall) Representative Example: Representative 6.2% APR fixed. Based on a loan of £12,000 for 36 months at 6.2% p.a. Total £13,148.24 repayable at £365.23 per month.	Representative Example: Representative 6.2% APR fixed. Based on a loan of £7,500 for 60 months at 6.2% p.a. Total £8,706 repayable at £145.1 per month.	Check eligibility View details Compare product selectionCompare	loading
Finder score Not yet rated HSBC Personal Loan	Finder score Not yet rated	£1,000 - £30,000	1 year - 8 years	0%	£365.23 (£13,148.24 overall) Representative Example: Representative 6.2% APR fixed. Based on a loan of £12,000 for 36 months at 6.2% p.a. Total £13,148.24 repayable at £365.23 per month.	Representative Example: Representative 6.2% APR fixed. Based on a loan of £10,000 for 60 months at 6.2% p.a. Total £11,609.19 repayable at £193.47 per month.	Check eligibility View details Compare product selectionCompare	loading
Finder score Not yet rated AA Personal Loan	Finder score Not yet rated	£1,000 - £35,000	1 year - 8 years	0%	£365.74 (£13,166.78 overall) Representative Example: Representative 6.3% APR fixed. Based on a loan of £12,000 for 36 months at 6.3% p.a. Total £13,166.78 repayable at £365.74 per month.	Representative Example: Representative 6.3% APR fixed. Based on a loan of £7,500 for 60 months at 6.3% p.a. Total £8,725.8 repayable at £145.43 per month.	View details Compare product selectionCompare	loading
Finder score 7.4Great Santander Personal Loan Finder Award	Finder score 7.4Great	£1,000 - £25,000	1 year - 5 years	0%	£366.26 (£13,185.31 overall) Representative Example: Representative 6.4% APR fixed. Based on a loan of £12,000 for 36 months at 6.4% p.a. Total £13,185.31 repayable at £366.26 per month.	Representative Example: Representative 6.4% APR fixed. Based on a loan of £10,000 for 60 months at 6.4% p.a. Total £11,661 repayable at £194.35 per month.	Check eligibility View details Compare product selectionCompare	loading
Finder score 6.8Standard Tesco Bank Personal Loan (Non-Clubcard)	Finder score 6.8Standard	£3,000 - £35,000	1 year - 10 years	0%	£366.26 (£13,185.31 overall) Representative Example: Representative 6.4% APR fixed. Based on a loan of £12,000 for 36 months at 6.4% p.a. Total £13,185.31 repayable at £366.26 per month.	Representative Example: Representative 6.4% APR fixed. Based on a loan of £10,000 for 60 months at 6.22% p.a. Total £11,661 repayable at £194.35 per month.	View details Compare product selectionCompare	loading
Finder score 6.4Standard Barclays Premier Barclayloan	Finder score 6.4Standard	£1,000 - £50,000	2 years - 5 years	0%	£366.77 (£13,203.84 overall) Representative Example: Representative 6.5% APR fixed. Based on a loan of £12,000 for 36 months at 6.5% p.a. Total £13,203.84 repayable at £366.77 per month.	Representative Example: Representative 6.5% APR fixed. Based on a loan of £10,000 for 60 months at 6.5% p.a. Total £11,687.4 repayable at £194.79 per month.	View details Compare product selectionCompare	loading
Finder score 5.9Standard Ulster Bank Personal Loan	Finder score 5.9Standard	£1,000 - £50,000	1 year - 8 years	0%	£367.29 (£13,222.36 overall) Representative Example: Representative 6.6% APR fixed. Based on a loan of £12,000 for 36 months at 6.6% p.a. Total £13,222.36 repayable at £367.29 per month.	Representative Example: Representative 6.6% APR fixed. Based on a loan of £10,000 for 60 months at 6.6% p.a. Total £11,714.4 repayable at £195.24 per month.	View details Compare product selectionCompare	loading
Finder score 9.1Excellent NatWest Personal Loan	Finder score 9.1Excellent	£1,000 - £50,000	1 year - 8 years	0%	£367.29 (£13,222.36 overall) Representative Example: Representative 6.6% APR fixed. Based on a loan of £12,000 for 36 months at 6.6% p.a. Total £13,222.36 repayable at £367.29 per month.	Representative Example: Representative 6.6% APR fixed. Based on a loan of £10,000 for 60 months at 6.6% p.a. Total £11,714.4 repayable at £195.24 per month.	View details Compare product selectionCompare	loading
Finder score 9.1Excellent Royal Bank of Scotland Personal Loan	Finder score 9.1Excellent	£1,000 - £50,000	1 year - 8 years	0%	£367.29 (£13,222.36 overall) Representative Example: Representative 6.6% APR fixed. Based on a loan of £12,000 for 36 months at 6.6% p.a. Total £13,222.36 repayable at £367.29 per month.	Representative Example: Representative 6.6% APR fixed. Based on a loan of £10,000 for 60 months at 6.6% p.a. Total £11,714.4 repayable at £195.24 per month.	View details Compare product selectionCompare	loading
Finder score Not yet rated Royal Bank of Scotland Home Improvements Loan	Finder score Not yet rated	£1,000 - £50,000	1 year - 10 years	0%	£367.29 (£13,222.36 overall) Representative Example: Representative 6.6% APR fixed. Based on a loan of £12,000 for 36 months at 6.6% p.a. Total £13,222.36 repayable at £367.29 per month.	Representative Example: Representative 6.6% APR fixed. Based on a loan of £10,000 for 60 months at 6.6% p.a. Total £11,714.4 repayable at £195.24 per month.	View details Compare product selectionCompare	loading

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Showing 20 of 33 results

Finder Score for unsecured loans

To make it even easier to compare and evaluate unsecured loans we came up with the Finder Score. Speed, features and flexibility across 60+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.

Read the full methodology

Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.

Late repayments can cause you serious money problems. See our debt help guides.

How did Sainsbury’s personal loans work?

Sainsbury’s Bank offered unsecured personal loans, meaning they were based on creditworthiness, rather than using property, vehicles and other assets as collateral. While Sainsbury’s rates were definitely competitive, the advertised representative APR may not be the rate you would receive: Sainsbury’s would offer you a rate based on assessment of your personal financial circumstances.

Here was the typical process for taking out and repaying a Sainsbury’s loan:

Apply to borrow – over – years. If you’re happy with the results of your eligibility check, you can proceed to the real application. Sainsbury’s will auto-fill fields with information you’ve already provided. You’ll be asked for your Nectar card number and you’ll need to decide whether you want to take advantage of the two-month repayment holiday at the start of the loan (if you can, it’s cheaper not to).
Get an instant decision (in most cases)… In a few, exceptional cases, Sainsbury’s Bank might request additional information.
…and access funds straightaway. Once your application has been approved, you can accept the loan offer online and the money should be transferred immediately. If you’s prefer to receive and sign the physical documents, Sainsbury’s Bank says it will transfer the money within 1-5 working days of receiving signed documents.
Pay a fixed sum each month for the duration of the loan. Because the interest rate is fixed, you’ll pay the same amount each month and you’ll know upfront how much the loan is going to cost overall.
Repay some or all of the loan early, if you wish to. Pay back your some or all of your loan early at any time. An early settlement fee equivalent to 58 days’ interest on your remaining balance may apply.

Sainsbury's Bank personal loans soft search screenshot

Use the eligibility checker to find out your chances of getting approved for the loan you have in mind (this will involve a “soft” credit search that doesn’t have any affect on your credit score).

Sainsbury's Bank personal loans eligibility results screenshot

Sainsbury’s will present you with your chances of approval and a repayment example. This is a useful indicator but not a guarantee of approval, and the numbers could change after a full credit search.

Sainsbury's Bank loans application screenshot

If your application is likely to be approved you can proceed to the actual application (which involves a “hard” credit search and a slight – usually short-lived – negative impact on your credit score).

What is APR?

The Annual Percentage Rate (APR) is a figure that all lenders have to calculate in the same way, which is designed to provide an annual summary of the cost of a loan. It takes into account both interest and any mandatory charges to be paid (for example an arrangement fee) over the duration of a loan.

Though Sainsbury’s loans tend to have a very competitive APR, this is usually a sign that you’ll need a decent credit score to get approved, especially for larger loans.

The APR can provide a handy benchmark for comparison (alongside other factors like the monthly and overall cost), but there is a catch. Sainsbury’s is only obliged to award this rate to 51% of its borrowers – the other 49% could pay more. That’s why it’s often referred to as the “representative” APR. The rate you’re ultimately offered will depend on factors like the amount you apply for, the term of the loan, your credit rating and your income.

Am I eligible for a Sainsbury’s loan?

Sainsbury’s Bank are no longer accepting new loan applications from new or existing customers. If you are an existing customer, no immediate changes will be made to your current products or services.

What do customers say about Sainsbury's Bank?

87% of customers we surveyed in 2026 would recommend Sainsbury's Bank to a friend.

It provides a clear and transparent loan experience with no hidden charges. Customers value the straightforward online application and the easily understandable repayment details. The bank is praised for treating its customers fairly and offering flexible, long-term repayment plans.

While many users secured low interest rates, a few felt their personal APR was higher than they had hoped for.

AI-generated summary from the text of customer reviews on Finder.

Customer support

You can contact customer support on 0800 056 0565. Lines are open Monday to Friday 8am – 8pm and Saturday 8am – 4pm. If you’re struggling to pay, you can call 08085 405060. Lines are open Monday to Friday 8am – 7pm, and Saturday and Sunday 8am – 5pm.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.

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Written by

Chris Lilly

Head of publishing

Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio

Chris's expertise

Chris has written 519 Finder guides across topics including:

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Sainsbury’s loans calculator and review