Sainsbury’s began trading in financial services in February 1997 after becoming the first major British supermarket to open a bank. This was a Joint venture with J.Sainsbury plc and HBOS.

Sainsbury’s Bank provides a range of financial services including insurance, credit cards, savings accounts and loans. Customers are provided with an online account enabling them to be able to manage their finances.

Sainsbury’s has joined a revolutionary method of combining the shopping experience with financial services, allowing them to provide a variety of products at a price and service beyond the reach of most traditional financial providers.

The Bank has over 17 million customer shopping visits through Sainsbury’s stores every week. It currently has around 1.5 million customers with over £2 billion in deposits.