Sainsbury’s was the first major British supermarket to open a bank, commencing trading in February 1997. The Bank benefits from a fantastic, trusted brand that enables us to combine the shopping experience with personal finance. Sainsbury’s Bank provides a range of quality products including travel money, insurances, credit cards, savings and loans which we provide through multiple channels, including in-store, by telephone and online.
Sainsbury’s took 100 per cent ownership of the Bank in January 2014 and we are now part way through our transition to become a stand-alone bank. We see significant growth opportunities, in particular, capitalising on the brand loyalty effect we see from our customers.
The Bank has more than 180 Travel Money bureaux at Sainsbury’s stores across the UK and more than 1500 free to use ATMs which saw over 236 million transactions in 2014.
Our products consistently top best buy tables and regularly win awards for quality, price and customer service.
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