Sainsbury's Finance Internet Saver 'offering 2.9% interest rate'

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Sainsbury's Finance Internet Saver 'offering 2.9% interest rate'

Tue 11th Aug 2009

Sainsbury's Finance has launched its new Internet Saver account, which is offering consumers the chance to earn an interest rate of 2.9 per cent gross AER.

Available to those wishing to deposit between £1,000 and £500,000, the Sainsbury's Finance Internet Saver is also offering 1,000 Nectar points free for customers who sign up within the next 30 days.

Furthermore, by opening the account before August 22nd, subscribers will receive the slightly higher rate of 2.39 per cent if they make no more than three withdrawals a year.

Head of savings at Sainsbury's Finance Helen Cook commented: "We believe this latest Internet Saver offer highlights our commitment to provide consistently attractive rates for our customers."

One area in which Brits should not try to scrimp is when buying their childrens' car seats, Sainsbury's suggested last week.

Research carried out by the firm found that as many as 250,000 child seats have been involved in accidents on the UK's roads - something that could cause them to be less effective afterwards.

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