Sainsbury's Bank

Sainsbury's Bank PLC

Phone: +441383 847 088, 0500 40 50 60

Shopper Reward Loan

Sainsbury's shoppers with a Nectar card who take out our Shopper Reward Loan could get a great low rate of 5.5% APR representative** on loans from £7,500 to £15,000.
Loan Amount
£7,500 - £15,000
Interest Rate
5.5% APR representative**
You can choose to repay your loan over 1 to 5 years
Offer only available to customers applying for a new loan. The application must be accepted & the loan paid out to qualify for 5,000 Nectar points and double Nectar points.
Offer only available to Sainsbury's shoppers with a Nectar card which has been swiped in-store or online in the last 6 months. We may check your Nectar account to verify this. You must enter your Nectar card number at the time of application.
The loan must be for an amount between £7,500 and £15,000 and must be taken over a period of between 12 and 60 months.
5,000 Nectar points will be added to your Nectar account within 60 days of agreement commencing.
If you miss any repayments, double points will stop at the end of the month this happens and will not be re-instated, even if the loan is brought back up to date.
If the loan is repaid, double points will stop from the date of repayment.
Only the first loan registered against each Nectar account will qualify for double points. You may qualify for additional points by taking out other qualifying products.
Base points on qualifying spend in Sainsbury's will be collected as normal. A bonus equal to the total of these points each calendar month (subject to a monthly maximum of 2,500 points) will be credited to the Nectar account by the 10th of the following month, for up to 24 months from the date the loan is paid out. Excludes all bonus point offers from Sainsbury's Energy, Telecoms, Digital, Bank, Diets and all other Sainsbury's services.
The monthly bonus will only be calculated on, and credited to the Nectar card nominated at the time of application. The nominated card must also be used at the time of each Sainsbury's purchase and points will not be allocated retrospectively.
The collection and use of Nectar points in the Nectar loyalty programme is governed by the Nectar Collector Rules set out in the registration pack and available at
Sainsbury's Bank reserves the right to alter, cancel or withdraw the offer without prior notice.
Any loans subsequently cancelled within 14 days of opening will be ineligible.


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