Sainsbury's Bank Internet Saver rate increased to 6.25%

Kazza242 · 5 July 2007 at 5:04PM

Sainsbury's Bank have announced that they will increase their Internet Saver account rate by the full 0.25%, from 6.00% to 6.25%, w.e.f. 1st August 2007.

More details here.

sav4it · 5 July 2007 at 5:14PM

I was considering Tesco but this could be good too and no need to move after six months.

pigback · 5 July 2007 at 6:58PM

My wife tried to transfer money from our Liquid Gold account with the Halifax today & they said the sort code provided by Sainsburys was not on their system, does it need to be a current account

jem16 · 5 July 2007 at 7:08PM

Sainsburys Bank sort code is 12-60-60

I use Halifax Online Banking and set up transfers to "another account with us" That way all transfers are instantaneous.

I have transferred from a web saver so no it doesn't need to be a current account

pigback · 5 July 2007 at 8:01PM

Thanks Jem, set up the account & tried to transfer, doesnt operate after 7pm , try tommorow.

jem16 · 5 July 2007 at 10:08PM

I'm assuming you mean creating the transfer doesn't work after 7pm as I have just transferred from HBOS to Sainsburys Bank.

sav4it · 6 July 2007 at 6:21AM

I've asked this somewhere else but does this account let you feed regular savings accounts at other institutions directly please?

dippy · 6 July 2007 at 8:31AM

jem16 wrote: »

Sainsburys Bank sort code is 12-60-60

I use Halifax Online Banking and set up transfers to "another account with us" That way all transfers are instantaneous.

I have transferred from a web saver so no it doesn't need to be a current account

How can the transfer from a Halifax Web Saver to the Sainsbury's saver be instantaneous? Do they have a special relationship?

bristolleedsfan · 6 July 2007 at 8:37AM

dippy wrote: »

How can the transfer from a Halifax Web Saver to the Sainsbury's saver be instantaneous? Do they have a special relationship?

halifax and sainsburys use same bankers i believe

Shambler · 6 July 2007 at 8:41AM

6.25%! glad I've just opened one!

Martin first phrased the term 'Credit Card Tart', I can see myself becoming a 'Savings Account Tart' and moving my savings around to the best interest account.

I just hope I don't forget where I've stashed it! :rolleyes:

[edit] I wonder if A&L will raise the rate on the direct saver? (currently 6.1%) otherwise it will be worth my while putting it all in Sainsburys...no access penalties either.

jem16 · 6 July 2007 at 9:23AM

dippy wrote: »

How can the transfer from a Halifax Web Saver to the Sainsbury's saver be instantaneous? Do they have a special relationship?

Sainsbury's Bank is part of the HBOS group.

Transfers from HBOS to Sainsbury's are instantaneous. Transfers from Sainsbury's to HBOS are overnight.

Sainsbury's Bank Internet Saver rate increased to 6.25%

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free