Sainsbury's personal loan praised by lovemoney.com
www.moneynews.co.uk > Personal loans > Sainsbury's personal loan praised by lovemoney.com
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Money News |
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Sainsbury's personal loan praised by lovemoney.com
Tue 13th Oct 2009
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Ed Bowsher, head of personal finance at lovemoney.com, made his remarks after the supermarket and monetary services firm, announced plans to launch a programme that offers its shoppers rewards for buying some of its core financial products.
Of the company's offerings, he said: "Sainsbury's are offering a personal loan at 7.9 per cent for some customers – that's as good as you can get, really, in the personal loan market at the moment."
Mr Bowsher also praised one of the firm's savings accounts, which he said offers 3.2 per cent interest to consumers who elect to make use of it.
He concluded by stating that while it is not quite the top account in the entire sector - noting the Citibank has a product that offers 3.3 per cent - it is "very near" to being the best savings account currently on offer.
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Related News : Personal loans |
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Related News : Sainsbury |
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