Three new fixed-rate savings accounts have been unveiled by Sainsbury’s Finance.
The products are available in one, two and three-year deals, which pay three per cent, 3.5 per cent and four per cent AERs respectively.
Opening any of the accounts can be achieved over the phone or online and savers are able to deposit between £5,000 and £50,000.
Named the Sainsbury’s Fixed-Rate Saver accounts, they are available to both single and joint applicants, while customers can choose between annualised or monthly interest.
Helen Cook, head of savings at Sainsbury’s Finance, said the company strives to offer variety to its customers and added: “We’re pleased to announce these excellent additions to our strong portfolio.”
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