Sainsbury’s Bank credit card 0% on purchases for 31 months
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Sainsbury’s Bank credit card 0% on purchases for 31 months

15
Found 16th Jan
Hey… here’s a nice long 0% purchase card if you’ve got lots of shopping to do and want to spread the cost for free.

Sainsbury’s Bank is offering:
  • 0% on purchases for 31 months
  • 0% on balance transfers for three months (3% fee)
  • Normal APR 18.9%
  • Earn 1000 bonus Nectar points each time £40 or more spent on Sainsbury's shopping, up to ten times in your first two months, up to a total of 10,000 points, offer available for new customers until 25 March 2018. Earn 2 Nectar points per £1 spent on Sainsbury's shopping and fuel. Earn 1 Nectar point for every £5 spent elsewhere.

Looks like a pretty sweet deal if you:
  • Need upwards of 2.5 years to pay off a large purchase
  • Are a regular Sainsbury’s shopper and collect Nectar points
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15 Comments
Wicked deal
Perfect thanks:)
Good card. I bought a car on mine. 1% fee (levied by the car garage at the time) to borrow 9k over 30 months...cheapest finance I could find tbh.
Thanks for post it’s a great way to pay off for large appliances in 2 years.
thanks, i will need this for to pay for my tax penalty ive just learnt i have coming. Great way to start 2018 but i at least i its interest free.
daveo783 h, 15 m ago

Good card. I bought a car on mine. 1% fee (levied by the car garage at the …Good card. I bought a car on mine. 1% fee (levied by the car garage at the time) to borrow 9k over 30 months...cheapest finance I could find tbh.


I bought a car using the Sainsbury's card last year, I initially used it for the deposit for protection but when I say they never surcharged for it I used it to pay the balance too.

From memory I got 27 months interest free.
Edited by: "returnofthemac" 17th Jan
robbp17th Jan

thanks, i will need this for to pay for my tax penalty ive just learnt i …thanks, i will need this for to pay for my tax penalty ive just learnt i have coming. Great way to start 2018 but i at least i its interest free.


if its a HMRC tax bill they no longer accept credit card payments unless its a buisness credit card
It says you must make minimum payments to keep the promotional rate. Can anyone explain what this means exactly because I thought you just pay off purchases whenever you want but obv if you take too long then the interest will start rising on what you owe. But this to me sounds like this isn't the case and you can't just pay it off when you want?
Rafiq0711 h, 3 m ago

It says you must make minimum payments to keep the promotional rate. Can …It says you must make minimum payments to keep the promotional rate. Can anyone explain what this means exactly because I thought you just pay off purchases whenever you want but obv if you take too long then the interest will start rising on what you owe. But this to me sounds like this isn't the case and you can't just pay it off when you want?


All credit cards have a minimum payment needed, well, from what I've used anyway. You can't buy something, and leave it there until the last month of interest free is coming (2.4 years), you need to pay a certain % each month
GimbaJAY4 h, 48 m ago

All credit cards have a minimum payment needed, well, from what I've used …All credit cards have a minimum payment needed, well, from what I've used anyway. You can't buy something, and leave it there until the last month of interest free is coming (2.4 years), you need to pay a certain % each month


Oh okay that makes sense. Thanks for the explanation, I've only ever used a credit card for work purchases which got completely cleared every month.
Rafiq0722nd Jan

It says you must make minimum payments to keep the promotional rate. Can …It says you must make minimum payments to keep the promotional rate. Can anyone explain what this means exactly because I thought you just pay off purchases whenever you want but obv if you take too long then the interest will start rising on what you owe. But this to me sounds like this isn't the case and you can't just pay it off when you want?


This is the case for all 0% promotional deals. The minimum payment will be a percentage of the balance or cash amount each month (e.g. 3% of balance or £5, whichever is higher). You need to pay the minimum each month - you can set up a direct debit to do this - or you'll lose the promotional deal and normal interest rates will apply. As I said, this is the case for ALL 0% deals, both purchases and balance transfers.
I signed up for this as my husband is having lens replacement surgery,0% for 31 mths with an 8k limit offered.Cheaper than taking out finance with optical express!!
How long do I have for balance transfers - is it free if I do it within 90 days of taking the credit card out and 3% for any balance transfers after that?
14k credit limit bloody hell. i don`t even need it.
Just to say thanks, spot on for whilst getting some home improvements done.
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