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Sainsburys 6% Internet Saver

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  • mary
    mary Posts: 1,585 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    That's what I suspected. I was thinking of it as an alternative to Coventry First when my anniversary comes up in August.
  • savingforoz
    savingforoz Posts: 1,118 Forumite
    No standing orders, but "payment mandates" out to wherever you like.
    Life is not a dress rehearsal.
  • kanchhelskis
    kanchhelskis Posts: 425 Forumite
    well done sainsburys wonder if icesave will react?
  • Gemmzie
    Gemmzie Posts: 14,876 Forumite
    HSBC have done the same with their online saver - 6%
    No longer using this account for new posts from 2013
  • Dagobert
    Dagobert Posts: 1,625 Forumite
    mary wrote: »
    Can you set up a SO from the account?
    You don't need SOs to feed your regular savers. Any regular saver that accepts payment by SO will accept "manual" BACS payments as long as the Sainsbury savings a/c allows you to specify a reference number.
    Dagobert
  • butterfly72
    butterfly72 Posts: 1,222 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Car Insurance Carver!
    Does anyone know if its possible to apply for this through a cashback site eg pigsback, quidco??
    £2019 in 2019 #44 - 864.06/2019
  • jem16
    jem16 Posts: 19,603 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just opened one at the weekend. Exactly the same set up as HBOS which is its parent group.

    I'd love to see transfers between sainsburys and HBOS being instant although I doubt they will be.
  • barak
    barak Posts: 1,258 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ..... this account reckons it'll stay above the market leaders til 2010.. i think?
    Er....not quite. They only guarantee that the rate will exceed the average of 100 equivalent accounts.

    That doesn't sound too exciting.
    ".....where it is corrupt, purge it....."
  • Dagobert
    Dagobert Posts: 1,625 Forumite
    jem16 wrote: »
    I'd love to see transfers between sainsburys and HBOS being instant although I doubt they will be.
    they aren't
    Dagobert
  • Norman-B
    Norman-B Posts: 1,638 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Good rate but I want monthly interest. Thanks OP
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