Sainsbury's Bank Dual Offer Credit Card Mastercard Review September 2019
There's no interest to pay on purchases or balance transfers for a lengthy period with this Sainsbury's rewards card.
0% interest on balance transfers
0% interest on purchases
|Balance transfers||0% for 25 months reverting to 20.95%|
|Balance transfer fee||3% (min. £3)|
|Purchases||0% for 25 months reverting to 20.95%|
|Purchases interest-free period||Up to 56 days|
|Min. credit limit||£0|
|Max credit limit||Not specified|
|Additional cards available||1|
|Incentive||Earn 750 bonus Nectar points each time £35 or more spent on Sainsbury's shopping, up to ten times in your first 2 months, up to a total of 7,500 points, offer available for new customers. Earn 2 Nectar points per £1 spent on Sainsbury's shopping and fuel. Earn 1 Nectar point for every £5 spent elsewhere.|
If you’ve got a big purchase coming up but you’re also still clearing an outstanding credit card balance, this card could help.
The Sainsbury's Bank Dual Offer Credit Card Mastercard charges no interest on purchases or balance transfers for a long period as you reorganise your finances.
You could also pick up bonus Nectar points as a new customer, in addition to your standard Nectar points every time you shop. What’s more, the points you can earn using a Sainsbury’s Bank credit card are in addition to the points you earn when you hand over or swipe your regular old Nectar card.
What you’ll like
- Earn Nectar points on all your spending, and earn points at an enhanced rate when you use your card at Sainsbury’s.
What to watch out for
- There’s a balance transfer fee of 3% (min. £3).
- Depending on Sainsbury’s Bank’s assessment of your credit profile and circumstances, you might be offered a different interest rate or shorter 0% periods.
How does this compare with other “matched” deals?
When it comes to repayments, you can make manual repayments online or over the phone (08085 40 50 60), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.
Choose from the following direct debit options for your monthly repayments:
|Minimum amount||Fixed amount||Fixed percentage||Full amount|
How to apply for the Sainsbury's Bank Dual Offer Credit Card Mastercard
If you’ve compared cards and want to apply, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you’ll need to make the process as straightforward as possible.