Sainsbury's Finance Online Saver

Supermarket giant Sainsbury's have an extensive range of financial products, including this high interest savings account: the Sainbury's Finance Online Saver.

It's a fully online account which is easy to open and operate, with one of the market's best interest rates of 2.50% AER gross pa, with interest calculated daily and paid annually. The rate of interest you earn is fixed for 12 months from account openingbacked by a guarantee to be higher than the market average, so there's no need to be constantly poring over the best buy tables to make sure you're not losing out.

There's a fairly large minimum deposit of £1,000, an upper limit to how much you can save with a maximum investment of £500,000.

Sainsbury's have won the 2008 Your Money award for best online banking provier.



Sainsbury's Online Saver : Summary

Account: Sainsbury's Internet Saver
AER: 2.50%
Interest Paid: Annually
Minimum Investment: £1,000
Maximum Investment: £500,000
Comments: Featuring an interest guarantee until 31/12/10



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