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Sainsbury's Bank Loan

Updated
  • Car loans up to £15,000
  • Low-interest starting from 4.9%
  • Repayment up to 5 years

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Sainsbury’s Bank homepage
Author Sainsbury’s Bank. Screenshot of Sainsbury’s Bank website.
[Accessed April 25, 2020]

About Sainsbury’s Bank

Access the best car loan deals in the UK.

Sainsbury's Bank is proud to say that they are the UK's first supermarket bank and they are proud of this legacy. With everyone being welcome at the Sainsbury's Bank they offer equal opportunities to all their employees, promoting diversity and inclusion in the communities they serve.

On 19 February 1997 as a combined venture between J Sainsbury plc and Bank of Scotland, they began to trade. Full ownership of the bank was taken by Sainsbury's in January 2014. They offer a wide range of financial products including credit cards, savings, and car loans, as well as insurance.

They offer their customers low-interest car loan deals and rewards for choosing to bank with them. With their award-winning products such as credit cards, home, pet, travel, and life insurance and their savings and short-term loans, car loans, and much more. 

The car loan for you is only a click away 

Do you need a new set of wheels? Have you had your eye on beauty for a while now but finances don't seem to work out as planned? Or maybe that extra space for the baby's car seat is what has you looking for a bigger car.

Whatever the reason may be, the team at Sainsbury's Bank knows that nothing lasts forever. Getting the car you need is within reach with a car loan from Sainsbury's Bank. By choosing to take out vehicle finance to purchase that new set of wheels, you can soon be driving off in your new car in no time.

With the option of borrowing between £1,000 and £40,000 for Netcar members and between £1,000 and £25,000 for non-Netcar members, you can access the low-interest car loan you need.

Sainsbury’s Bank Services

With a car loan from Sainsbury's Bank, you can be driving your dream car sooner than you think.

They have a range of exciting reasons why choosing them is the best option. You have the choice of repaying your loan over 1 to 7 years with manageable and fixed monthly installments.

With their no application or arrangement fee, you can save even more. On acceptance of your application, they guarantee that you get your money in record time. Ranging from just 2 hours to the very next business day, that sure is quick.

Want to know how much you can borrow

With Sainsbury Bank's easy-to-use car loan calculator, the guesswork is eliminated from the deal. You can find out exactly how much you can borrow and what the interest will be on your car loan amount. You will also see what your monthly repayments will be without harming your current credit score.

Things to consider when applying for a car loan

  • The numerous ways to pay for your new car.
  • The running costs of your new or used car.
  • Car insurance options.
  • If buying a new or used car will be better for you.

Sainsbury's credit card offers

Sometimes managing big expenses is better done through a credit card and provides the extra benefit of purchase protection. By applying for a Sainsbury's credit card you accumulate 3 Netcar points for every £1 that you spend at Sainsbury's, Argos, Habitat, and Tu Clothing. You also collect 1 point per £5 you spend elsewhere.

Sainsbury’s Bank – Car loan

  • Loan Type Car loans
  • Interest Rate from 4.9%
  • Loan Amount up to £15,000
  • Repayment 1 years to 5 years

Benefits of Sainsbury’s Bank

  • Competitive interest rates
  • Choose between a range of car finance
  • Quick online loan application
  • Affordable loan deals

 

Car loan calculator

£
The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

At Sainsbury's Bank you have a range of loans to choose from

When completing this information, please make sure that you answer truthfully and as accurately as possible.

This will ensure that your application is processed quickly and that you have an answer in no time.

Before you begin your car loan application

With Sainsbury's, applying for a car loan is easy and convenient and is done online. Before you begin the online loan application process you can make use of their online car loan calculator

  • Choose how much you want to borrow.
  • Choose the payment term.
  • Check whether you are a Netcar card holder and insert the card number.
  • Indicate whether it is a joint or a single application.

Applying for a car loan is as easy as pie

Below is a list of things you will need on hand: 

  • Your current residential address and history for the past three years.
  • Proof of your annual income before tax deductions.
  • Details of your monthly income and expenses.
  • Full details of your employment like:

         Company name.

          Company address.

          Your position within the company.

  • If you are a Netcar member, your Netcar card number.

Your car loan is within reach

Click on the apply now button and follow the easy steps to complete your car loan application. Once everything is in order and all the necessary information has been sent, you will have an answer soon. Depending on the time of day, it can be within 2 hours of submitting your application or the next business day. Reach out to the online lender.

With the great deals available at Sainsbury's Bank, it will be hard to find a better finance option anywhere else. Choose right today and go the Sainsbury's way.

Some of the great benefits of a Sainsbury's car loan 

  • They have competitive car loan interest rates.
  • A wide range of vehicle finance to choose from.
  • Quick, easy, and convenient application process.
  • Their car loan deals are affordable.
man holding thumbs up

Sainsbury’s Bank is a trusted & reliable provider of car loans

In our review, Sainsbury’s Bank adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Sainsbury’s Bank is a registered credit provider in UK: FSA 184514

Customer Reviews & Testimonials

December 2021

We would like to thank the team at Sainsbury's Bank for making the process of getting a car loan so easy and convenient. We are happy to say that they are the best in the business.

Phillips G
— Derby —

January 2021

Buying a new car was a challenge for us as we have not been able to save up enough for the purchase. When a friend told us about Sainsbury's, we applied immediately, and we were so surprised at h...

Taylor O
— Glasgow —

October 2021

We have wanted to buy a new car for a while now. With the great deals on offer at Sainsbury's Bank, we were able to purchase the car we wanted. Thank you Sainsbury's Bank.

Davies C
— Nottingham —

Sainsbury’s Bank Contact

Contact Number

E-Mail

  • not available

Website

Physical Address

Opening Hours

  • Monday 08:00 – 19:00
  • Tuesday 08:00 – 19:00
  • Wednesday 08:00 – 19:00
  • Thursday 08:00 – 19:00
  • Friday 08:00 – 19:00
  • Saturday 09:00 – 17:00
  • Sunday – Closed