Everyday Credit Card

Providing you are using your card regularly and make all your minimum payments, you may be eligible for a reduction of your Purchase interest rate within the first year of you opening your account.

As set out in our Terms and Conditions and Credit Agreement, we may vary the interest rates applicable to your account for a number of valid reasons, and for any rate increase we'll tell you at least two months before making the change. 

This means that if your rates go up or down, the interest rate reduction you get will be applied to that new higher or lower rate.

Yes, you can use your credit card daily but remember you will need to ensure you are able to afford the repayments, including any interest that might be charged if you don’t pay off the balance in full every month. 

Using your credit card daily could mean you earn rewards on your daily spending habits and build your credit rating provided you make all monthly minimum repayments on time.

You can use your Everyday Credit Card for daily spending. This includes things like the weekly grocery shop, petrol and more. However, it’s important to always stay within your credit limit and make at least your minimum payment every month to avoid impacting your credit file.

To add your Everyday Credit Card to your iPhone:

1. Open Wallet
2. Tap the +
3. Select ‘Debit or Credit Card'
4. Enter your card's details manually or use your camera to enter the information

To add your Everyday Credit Card to your Android device:

1. Open Google Wallet
2. Tap ‘Add to Wallet’
3. Select ‘Payment card’
4. Choose ‘New credit or debit card’

Enter your card details, then tap ‘Save’

Our credit card app lets you track your transactions wherever you are, whenever you want. You can check your statement by logging into your online banking account and selecting the 'My accounts' summary page. This will give you an overview of your Sainsbury's Bank Credit Card account, your latest transactions, and your statement.

There are many ways to redeem your Nectar points – meals out, some holiday reading, or money off your next purchase at your favourite shop. There’s a great overview of ways to redeem your Nectar points on the Nectar website . Or download the Nectar App to stay up to date when you’re out and about. Choose your reward and then swipe your Nectar card, spend online or use your voucher as instructed.

Whilst using credit cards responsibly to build credit is one way you can help improve your credit score, you can also improve your credit rating by staying on top of your finances. Here are a few tips on how you can do this:

1. Make repayments on time. Making your payments on time, every time is an important way to build your credit score. Late or missed payments can be reported to credit reference agencies and are often used by lenders to ascertain your likelihood of making future payments.
2. Check your credit report regularly. You can check your credit report to pick up on any potential problems or suspicious activity before you make a credit application. Equifax, Experian, and TransUnion all let you see your report for free and you can get in touch with them directly if you spot any mistakes.
3. Get on the Electoral Register. If you're not signed up to vote or your details don't match, lenders can find it harder to check your identity. It's quick, easy and free to register to vote.
4. Settle any outstanding CCJs or credit agreement defaults as far as is affordable. It's important to settle any CCJs or defaults as soon as possible in order to prevent further harm to your credit score and get it moving in the right direction.
5. Spread out any credit applications, so they're not over a short space of time. Each application for credit leaves a mark on your credit report. Applying for too many credit products in a short space of time can be a warning sign to lenders.
6. Stopping frequent withdrawals of cash from your credit card. Taking cash out with your credit card can be seen by lenders as a sign of cash flow problems and could negatively affect your credit rating. Using your debit card for cash withdrawals helps keep your credit rating intact.
7. Stay within your credit limit. It's important to try to keep below your credit limit. Not only will this help avoid any overlimit fee, but it could make you look more reliable to lenders. Check your account balance regularly to get an idea of how close you're getting, or get in touch with your lender if you want to increase your limit or see what steps you can take if you need help.

Most credit cards have a variable APR, which means that your card's interest rate could change after it's opened. This can change depending on how much it costs us to provide you with credit - for example when the Bank of England base rate changes - our assessment of your ability to repay, or other factors. If the APR on your card is going to change, we'll usually tell you before it happens and explain how it could affect your monthly repayments.

An APR, also known as an Annual Percentage Rate, is the cost of borrowing over a year. It's the total cost of the credit i.e. the interest rate (e.g. 29.4%) plus any standard fees every cardholder pays, such as an annual fee. All other fees and charges such as missed payment fees and cash withdrawal fees are excluded from the APR. The advertised APR is calculated the same way by all credit providers, allowing you to compare cards across the market.