eSaver Special

Earn up to 1.30% AER/Gross p.a. variable on balances of
£1,000 - £100,000

Apply now

Key benefits

Our eSaver Special account offers you a flexible and convenient way to save from £1. You can manage your money 24/7 with Online Banking and access it with no withdrawal restrictions.

Key benefits

  • Earn up to 1.30% AER/Gross p.a. variable on balances of £1,000 - £100,000
  • Open your account with just £1
  • Manage your account 24/7 with online banking
  • Unlimited withdrawals with no notice period

Additional benefits

  • Make payments into your savings account online or with SaveBack in store
  • Open your account in minutes
  • Available to new and existing customers

Interest rates to help you save

Balance tiersInterest rate (AER/Gross p.a.)Interest rate (AER/Net p.a.)
£1 - £9990.50%0.40%
£1,000-£14,9991.20%0.96%
£15,000 - £29,9991.25%1.00%
£30,000 - £100,0001.30%1.04%
£100,001+0.50%0.40%
Interest is calculated daily and credited to you account annually. These rates are subject to change and may be withdrawn at any time. Rates effective from 30th April 2015.

Apply for your savings account now

It's quick and easy to apply for a Sainsbury's eSaver Special savings account.

Please note, to set up an account you need to be:

  • a UK resident; and 
  • 18 years old or over.

Financial Services Compensation Scheme

Your eligible deposits held with Sainsbury's Bank plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. For joint accounts held by 2 people you are protected up to £170,000 (£85,000 per person).

Important Information

Savings accounts are available from Sainsbury’s Bank to UK residents aged 18 years old or over. Sainsbury’s Bank reserves the right to alter rates at any time.

Gross is the interest rate paid before income tax is deducted. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded once each year. Net is the interest rate paid after income tax is deducted.

Apply now

Applying for a Sainsbury’s eSaver Special savings account takes just 5 minutes.

You're eligible to apply if you:

  • Have a permanent UK address
  • Are over 18 years of age

You will need the following information ready to apply:

  • Personal details - date of birth, address, nationality, email address and occupation
  • Security details – place of birth, first school attended, mother’s maiden name

Applying for a Joint account?

You will be required to provide the above information for both parties to complete your application in joint names.

Applying for an In Trust Account?

In Trust Accounts cannot be opened online, if you are wanting to open an In Trust account please call us on 0800 028 5269 and one of our colleagues will be happy to help you.

Have you read the terms & conditions?

Before applying please read our terms and conditions.

Important Information

Savings accounts are available from Sainsbury’s Bank to UK residents aged 18 years old or over. Sainsbury’s Bank reserves the right to alter rates at any time.

Gross is the interest rate paid before income tax is deducted. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded once each year. Net is the interest rate paid after income tax is deducted.

Summary Box

Key product information for our eSaver Special savings account

Account nameeSaver Special
Interest rates (AERs)

See our interest rates for full details

Tax statusInterest is paid net of tax at the prevailing rate (currently 20%) To register for gross interest please call us on 08085 40 50 60*.
Conditions for bonus paymentNo bonus available on this account.
Withdrawal arrangementsWithdrawals are by electronic transfer via Sainsbury's Online Banking Service. Withdrawals are by transfer to another account only. No withdrawal restrictions or charges.
Access Online

Gross is the interest rate paid before income tax is deducted. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded once each year. Net is the interest rate paid after income tax is deducted.

Important Information

 

Savings accounts are available from Sainsbury’s Bank to UK residents aged 18 years old or over. Sainsbury’s Bank reserves the right to alter rates at any time.

*Telephone calls may be recorded for security purposes and monitored under our quality control procedures. Calls are free from a landline only.

For questions

Call 0500 40 50 60 *

Send an email

More phone options

Lines are open: Mon - Fri 8am-10pm, Sat - Sun 8am-6pm

*Telephone calls may be recorded for security purposes and monitored under our quality control procedures. Calls are free from a landline only.

We are using cookies on this website to enhance your browsing experience. You can read more information on our cookies by clicking the "Find out more about cookies" button. By continuing your journey on this site you consent to the continued use of cookies.

Find out more about cookies

Continue