Sainsburys Internet Saver
Open an account online from £1. High rate of interest - 5.50% AER/gross p.a. Your money works hard…while you relax. Flexibility - open multiple accounts for specific purposes such as holidays or weddings . Access your account at any time, day or night. Great rate backed by our rate promise. No Hidden Catches.
 |  Compare Sainsburys Internet Saver details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Sainsbury's Finance www.sainsburysfinance.co.uk | ||
| Product: | Internet Saver | ||
| Apply via this site: |  | ||
| Savings Details | |||
 Account Type: | Instant Access | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 3.50% AER. | ||
| Interest Rate Guarantees: | The interest rates on this account are guaranteed not to be less than the average of Sainsbury's Bank's competitors equivalent products until 31st December 2010. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age is 18 years. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Minimum Investment: | The minimum investment is £1. | ||
| Maximum Investment: | The maximum investment is £2000000 | ||
| Minimum Balance: | The minimum balance is £1. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | There are no free gifts or incentives offered with this account. | ||
| Rates | |||
| Tax Free: | This product is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 3.50% 3.50% 3.50% | ||
| Interest Payment Freq: | Interest is paid annually on the last working day in February. | ||
| Managing Account | |||
| Instant: | This is an instant access account. | ||
| Passbook: | A passbook is not provided when this account is opened. | ||
| Transactions at Branch: | Transactions cannot be made in-store at a Sainsbury's branch. | ||
| Statement Frequency: | Statements are issued quarterly. | ||
| Transactions by Phone: | Transactions cannot be made by telephone. | ||
| Transactions by Internet: | Transactions can be carried out via the internet. | ||
| Transactions by Post: | Transactions can be made by post. | ||
| Special Access: | There are no withdrawal conditions. | ||
| Withdrawal Conditions: | Withdrawal Conditions - None. | ||
| Fees & Charges | |||
| Penalty on all Wdls: | There is not a penalty on all withdrawals. | ||
| Compare | |||
| Products: | www.sainsburysbank.co.uk Savings | ||
