Sainsbury's cashback credit cards give you five per cent back at the tills

/li> 11

comments

Sainsbury's Bank has launched two 5 per cent cashback credit cards with low charges.

The Low Rate Nectar Credit Card rewards customers who shop at Sainsbury's with five times the number of Nectar points for three months. This is equivalent to 5 per cent off your bill, the supermarket says.

Following this introductory bonus, customers get 2 per cent back on shopping in store, and extra Nectar points at the supermarket's petrol stations.

Money back: Using Sainsbury's credit cards will give you significant rewards in store during introductory periods.

Its other card, called Low Rate Cashback Credit Card, gives 5 per cent cashback on Sainsbury's shopping for three months, up to a maximum of £1,000 a month.

  More... The best credit cards for spending, holidays, rewards or clearing your debts The best rewards cards for cashback, points and perks Find the best credit card deal Save on your supermarket shop: The best rewards cards for cashback, points and perks

During this time, customers who spend at least £250 at a Sainsbury's store and £250 elsewhere get £5-a-month reward on top of the cashback.

After three months the 5 per cent rate goes but the £5-a-month offer remains.

Both cards have an interest rate of 7.8 per cent for purchases and balance transfers.

Rival Santander cards pay out on spending on fuel, supermarket and department store shopping.