Sainsbury's Nectar | No Balance Transfer Fee credit card

APR: 18.9% Representative
Intro purchase rate: 0% for 3 months
Purchase rate: 18.95%
OPTIOSCORE 36.3/100 
Balance transfers: 0% for 28 months
Balance transfer fee: 3%
Features: Reward Points
Sainsbury's Nectar | No Balance Transfer Fee credit card customer reviews

2.1 out of 5 from 48 customer reviews

Representative Example: The standard interest rate on purchases is 18.95% p.a. (variable), so when borrowing £1,200 the Representative APR will be 18.9% (variable).

Contact Sainsbury's Nectar

Sainsbury's Nectar | No Balance Transfer Fee credit card customer reviews

2.1 out of 5 from 48 reviews

Disappointing

13:51 09-12-2016

via Smart Money People

Signed up for a CC with Sainsbury's as I have had one with them before and thought it would be easy. Initially approved swiftly but everything after that was a comedy of mess ups in an unfunny way. The need ID and tell you what they need, but when I sent it to them it was not really what they wanted, they wanted something else instead...Twice. I gave up and when they suggested I complain I did, only to find they didn't really care and couldn't do anything. please don't waste your time.

Relton

Not amazing

11:16 09-12-2016

via Smart Money People

I use a Sainsbury's credit card, it's not the best but not the worst. I have it in my wallet for emergencies

Thomas Perry

Sainsburys Bank Nectar Credit Card from Hell

10:16 18-11-2016

via Smart Money People

Easy to purchase, but monstrous to use. I am charged every month with huge interest within my 28 months interest free contract although I make some card spending and make monthly repayments. The worst credit card ever. Ancient bank system. Takes days for money transfer when making payments to the card. Why not pay interest for few more days.... Pure money stealing and nothing you can do about it.. AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID!!!

Vili Ivanov

Personal Loan. Stone age bank

08:17 15-11-2016

via Smart Money People

If you want to phone a bank to do everything. This bank is for you as that is the only way they do business. For a new bank you would expect to have a decent website to login into to manage your accounts. They don't even have a page to login. I can't email them. They can't email me. When I phone them to ask them outstanding balance they took 12 hours to phone me back with a number as they had to manually calculate my balance. It has taken over 16 days to get a refund as I overpaid them. I still have not received my refund.

Darryn

Great product and service

20:16 14-11-2016

via Smart Money People

Easy to set up with a great 0% on purchases for 24 months offer. Staff are always helpful on the phone. Website is easy to navigate.

Natasha Ross

Brilliant customer service

00:04 09-09-2016

via Smart Money People

I spotted some unexpected but very small charges in my credit card statement and when I contacted them about it, they responded promptly, explained the charges adequately and even removed them even though I was in the wrong.

opinion_train

Don't give them your custom

16:51 08-09-2016

via Smart Money People

I've had a sainsburys credit card for less than 6 months. In that time they've failed to set up a direct debit correctly, failed to register payments made, sent me overdrawn by taking a double payment and now my card doesn't work online. They tell me the problem lies with all the different retailers the problem has occurred with and it can't possibly be the only common denominator - sainsburys bank. The staff in the call centre are disinterested and their favourite phrase is 'we can't do that' - usually in response to a request to fix a problem of their making. Sainsburys - you should disassociate from whomever is providing this whitelabel service- they're simply appalling.

Kelly Daisley

Taking out a credit card

12:05 08-09-2016

via Smart Money People

Very quick and easy, applied online and was accepted, card arrived within a couple of days - very simple, no hidden clauses, everything was straightforward. Would recommend!

ruth clinton

Good Service without any hassle

20:20 07-09-2016

via Smart Money People

I find the rates good, and have no hassle from them. Customer service is helpful and friendly.

SHAZZ AZI

It was great while the Nectar points lasted....

18:00 30-08-2016

via Smart Money People

The credit card is fine and I have never had an issue with the customer service but once the bonus period is over the card has no real benefits and as such sits poorly in the current competitive credit card market.

Maria Mathews

Our review of Sainsbury's Nectar | No Balance Transfer Fee credit card

Our review by Alex
Written by: Alex
Simplicity
11.5
Features
48.4
Consumer sentiment
50

Total OPTIOSCORE
36.3/100

Although usually a destination for reasonably priced groceries, Sainsbury’s also offer a number of different financial products. The representative APR for their No Balance Transfer Fee Credit Card is similar to their competitors at 18.9%. The main benefit of this card is that you will be charged 0% on balance transfers for the first 28 months of getting the card, and if this is completed within the first three months then you also won’t pay a fee for doing so. After the three months this goes up to 3%, which is a standard cost. There is no annual fee but if you go over your credit limit or make a late payment then you’ll receive a charge of £12 in each instance.

Being able to earn Nectar points is a benefit that’s individual to Sainsbury’s and for every £1 you spend on your No Balance Transfer Fee Credit Card you’ll receive 2 Nectar points in return. You can also earn as you spend in other stores and for every £5, you’ll earn 1 Nectar point. These points all add up and can be exchanged for treats or to spend in Sainsbury’s or with other brands such as ASOS, Sky, and Just Eat.

The Sainsbury’s No Balance Transfer Fee Credit Card has a fairly low OPTIOSCORE and despite the features and positive customer sentiment, its simplicity score has let it down. It’s quite difficult to find reviews online that are specific to this card, but we can look at those that are for Sainsbury’s Bank overall to gauge an idea of the overall customer experiences. TrustPilot have granted them a rating of ‘poor’. Some customers have experienced poor service, difficulties with online banking and disorganisation which is a shame considering that they are thought of so highly when considering the food and drink side of things.

Overall verdict: Earning Nectar points and an introductory 0% on balance transfers for 22 months makes the Sainsbury No Balance Transfer Fee Credit Card an attractive offering. However, you’ll need to have good credit to be considered for this card, so if there’s any doubt that you’ll be accepted it might be best to look elsewhere.

Highlights

  • 5,000 Nectar points if you spend £800 in the first 3 months
  • 2 Nectar points for every £1 spent in store
  • 1 Nectar point for every £5 spent elsewhere
  • No balance transfer fee for 3 months
  • 0% on balance transfers for the first 28 months

Minimum criteria

  • You must be aged over 18
  • You need to have a permanent UK address
  • You cannot have been declined for credit in the last month
  • No history of bad credit
  • You cannot already have a credit card with Sainsbury’s

About Sainsbury's Nectar | No Balance Transfer Fee credit card

The No Balance Transfer Fee Credit Card from Sainsbury’s has a representative APR of 18.9% and 0% interest on balance transfers for the first 28 months of opening the account. There is also no balance transfer fee on those made within the first three months, which then goes up to 3% thereafter. Customers of the No Balance Transfer Fee Credit Card also pay 0% on purchases for the first three months and there is no annual fee.

Holders of the Sainsbury’s No Balance Transfer Fee Credit Card can also collect 2 Nectar points for each £1 spend in store or on fuel, and 1 Nectar point if a customer spends £5 on the card elsewhere. New customers will also receive 5,000 Nectar points as a bonus if they spend £800 in Sainsbury’s on groceries or fuel in the first three months of the card being opened.

The application is completed online in three steps and if you have a Nectar card then you’ll need to provide the details in order to benefit from the extra bonus points that you’ll receive with your No Balance Transfer Fee Credit Card. If approved, customers can then manage their card online via Sainsbury’s online banking to make payments, view transactions, complete balance transfers and requesting new credit limits.