Sainsbury's Savings Accounts Review

Compare Sainsbury's Savings Accounts – read our review and compare the features and benefits available from Sainsbury's Finance. Make an informed decision to find a Savings Account that suits you.

Sainsbury's offer several great savings accounts, covering all aspects of the savings market in order to make sure it has something for everyone. Whether you require instant access to your savings, or would rather opt for higher rates for not withdrawing, sainsbury's savings accounts can accommodate your savings needs.

Most Sainsbury's savings accounts can be manages online using the internet banking service, or alternatively you can manage your account by phone.

Sainsbury's Finance is a trading name of Sainsbury's Bank plc which is authorised and regulated by the Financial Services Authority and a member of the Financial Services Compensation scheme, providing with all individual investors with protection of up to £85,000, and joint accounts for up to £170,000.

Top 5 Savings Accounts products

Provider
Account
AER
Notice
Interest Paid
Min Bal
Apply
View Full Table >
Get 1.51% AER on balances between £1,000 and £75,000. Withdrawals are available at 45-day notice. Interest is calculated daily and paid annually.
1.51%
45 days
Annually
£1,000
1.50%
Fixed term for 1 year
Monthly
£1,000
1.25%
30 Days
Monthly
£1,000
1.25%
Instant
Monthly
£500
Get up 1.15% AER/gross on balances over £10,000 up to £75k. 60 day notice on withdrawals. The interest will be 0.65% above the Bank of England Base Rate until 30th September 2015.
1.15%
60 days
Annually
£10,000

Scottish Widows Direct Transfer Account

Scottish Widows
  • Minimum balance £1000
  • Deposits can be made by internet banking, telephone or post
  • No notice period or penalties for withdrawals
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Aldermore Easy Access Saver

Aldermore
  • Transparent - our competitive rates are not artificially inflated by bonuses or introductory offers
  • Fast and easy setup - open an account, complete identity checks and move your money in minutes
  • Accessible - open an account with just £1,000
  • Flexible - add to your savings whenever you like
  • Unlimited withdrawals - access your money whenever you need it, without restriction or loss of interest
  • Easy to manage - do it online, by phone or by post
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Aldermore 30 Day Notice Account

Aldermore
  • Transparent - our competitive rates are not artificially inflated by bonuses or introductory offers
  • Fast and easy setup - open an account, complete identity checks and move your money in minutes
  • Accessible - open an account with just £1
  • Flexible - add to your savings whenever you want
  • Access - unlimited withdrawals, subject to notice and without loss of interest
  • Easy to manage - do it online, by phone or by post
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Aldermore 1 Year Fixed Rate ISA

Aldermore
  • Transparent - our competitive rates are not artificially inflated by bonuses or introductory offers
  • Fast and easy setup - open an account, complete identity checks and move your money in minutes
  • Accessible - open an account with just £1,000
  • Flexible - add to your savings whenever you like
  • Unlimited withdrawals - access your money whenever you need it, without restriction or loss of interest
  • Easy to manage - do it online, by phone or by post
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Manchester Building Society Platinum 60 Day Notice (Issue 5)

  • Get up 1.15% AER/gross on on balances over £10,000 up to £75k.
  • 60 day notice on withdrawals
  • Interest Rates (AERs) - The interest rate is variable and will be altered at the Society's discretion.
  • Interest is calculated daily and paid annually on 31st October.
  • Tax Status - Interest will be paid gross or net of tax**, depending on your status.
  • Conditions for Bonus payments - Not Applicable
  • Withdrawal Arrangements - Withdrawals are available by providing 60 days notice. Up to 6 withdrawals are available in each calendar year.
  • Access - Post, Branch or Agency.

RBS Instant Saver

RBS
  • Balances from £1 receive a rate of 0.50% AER / 0.50%Gross p.a. (variable) rising to 0.75% AER / 0.75%Gross p.a. (variable) for balances of £25,000 or more.
  • Quarterly interest paid directly into your account.
  • Access your money in branch, over the phone
  • No penalties and no withdrawal charges
  • Easy to manage with our online banking service and our mobile banking apps.
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Natwest Instant Saver

NatWest
  • Balances from £1 receive a rate of 0.50% AER / 0.50%Gross p.a. (variable) rising to 0.75% AER / 0.75%Gross p.a. (variable) for balances of £25,000 or more.
  • Quarterly interest paid directly into your account.
  • Access your money in branch, over the phone
  • No penalties and no withdrawal charges
  • Easy to manage with our online banking service and our mobile banking apps.
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

SBI UK Easy Access Savings Account

  • Minimum deposit amount of £500
  • Interest paid on balances above £500 and below £1,000,000
  • Account managed online or by visiting our branch
  • Interest paid on a monthly basis
  • Debit card provided only to the primary account holder if requested
  • Available to an individual, 18 years or over, who is ordinarily resident in the UK for tax purposes and has a permanent UK address
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Manchester Building Society Platinum 45 Day Notice (Issue 5)

  • Get 1.51% AER/gross on balances between £1,000 and £75,000.
  • Withdrawals are permitted at 45-day notice.
  • Interest is calculated daily and will be paid annually.
  • The interest rate is variable and is subject to change.
  • Tax status: interest will be paid gross or net of tax**, depending on your status.
  • The product does not include any introductory bonuses.
  • Access is available by post, by branch or by agency.