New 2.5% special offer rate on Sainsbury's Internet Saver account

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www.moneynews.co.uk > Banking > New 2.5% special offer rate on Sainsbury's Internet Saver account

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New 2.5% special offer rate on Sainsbury's Internet Saver account

Those who decide to take out a Sainsbury's Finance Internet Saver Account between June the 9th and 30th this year will be eligible for a higher rate of interest, it has been revealed.

The variable AER of 2.6 per cent is being offered to new customers who apply to open the account between the above dates - 1.85 per cent above the standard rate of 0.75 per cent gross AER- providing they do not withdraw from it more than three times over a 12-month period.

"We are delighted to be able to offer our customers yet another competitive offer with our Internet Saver account," said Helen Cook, head of savings at Sainsbury's Finance.

Having been established in 1997 as a joint venture with the Lloyds Banking Group, Sainsbury's was the first UK supermarket to open a banking arm.

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