Sainsburys Credit Cards

Sainsbury’s Bank has announced the launch of its new Standard and Platinum credit cards, which offer customers a 0% APR for purchases for a full twelve months.

New research commissioned by Sainsbury’s Bank reveals that 4.3 million people intend to take out a new credit card which offers an introductory rate of 0% APR on purchases within the next 12 months. Collectively, these people intend to spend £9.5 billion on their new cards during the introductory period, with the average person anticipating that they will spend £2,225.

However, Sainsbury's Bank notes that as most 0% APR deals last only six months, some people will not be able to clear their balance within that time.

Sainsbury’s Bank is the only provider to give customers a whole year over which to spread the cost of their purchases. Currently, there are 54 0% cards on the market, of which 41 last for six months or less. Sainsburys believes that many people will welcome the opportunity to spread their payments over a longer period.

For more information about Sainbury's new credit cards and to compare deals with many other UK credit cards, visit Credit Card UK.