Sainsbury’s Balance Transfer credit card review

2 min Read Published: 01 Apr 2021
Sainsbury's Dual Offer credit card reviewIn this article we review the Sainsbury's Balance Transfer credit card, which has one of the longest interest-free periods currently available

Key facts about Sainsbury's Balance Transfer credit card

  • Best for: Those looking for one of the longest interest-free periods on the market
  • Introductory offer: Up to 29 months interest free on balance transfers and 3 months interest free on purchases
  • Representative APR: 21.9%
  • Fees: No annual fee but a balance transfer fee of 3% or 4%, depending on your circumstances
  • Perks: 750 bonus Nectar points each time you spend £35 or more on a Sainsbury's shop, up to 10 times in the first two months. Then collect up to 3 points for every £1 spent at Sainsbury's, Argos and Tu Clothing and 1 point for every £5 spent elsewhere

Pros of Sainsbury's Balance Transfer credit card

  • There is no annual fee, although there is a balance transfer fee to take into consideration
  • It has a really competitive interest-free period for balance transfers, as well as the bonus of 3 months interest free on purchases
  • You can also benefit from earning more Nectar points on your spending

Cons of Sainsbury's Balance Transfer credit card

  • As with all Sainsbury's credit cards, it is not currently available to self-employed applicants
  • You could only be offered a shorter introductory period if you don't meet the criteria

How to manage your payments on Sainsbury's Balance Transfer credit card

Cardholders can manage their account through Sainsbury's Bank online banking

How to apply for the Sainsbury's Balance Transfer credit card

Take the Sainsbury's eligibility checker to see if you are likely to be accepted before completing the online application

Alternatives to the Sainsbury's Balance Transfer credit card

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