Key facts about Sainsbury's Balance Transfer credit card
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Best for: Those looking for one of the longest interest-free periods on the market
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Introductory offer: Up to 20 months interest free on balance transfers and 3 months interest free on purchases
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Representative APR: 26.9%
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Fees: No annual fee but a balance transfer fee of 3.24% or 4.24% (£4 minimum), depending on your circumstances. Money transfer fee of 4% applies (minimum £4)
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Perks: Collect up to 3 points for every £2 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
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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
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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