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Sainsbury's Bank rate promise until 2010 logo

Direct Saver Account


 

Open a direct saver account with a minimum investment of £2,500, it's ideal for a lump sum or regular saving. It's easy and convenient to pay into your account.

See our current interest rates

Easy access

Even with this high interest savings account, your money is not locked in and you won't lose interest on withdrawals. This is not a regular savings account where you have to give notice of withdrawals.

Whatever you're saving for, our direct saver account makes it easy to build up your savings as and when you get the chance. Whether its a new car, a holiday, or just regular savings, accounts like our direct saver are ideal for whatever may be around the corner, safe, secure and easy to use.

Rate promise

We promise that until December 2010 you'll always earn higher than market average interest on your direct saver account.
 
Each month we use moneyfacts.co.uk - the leading independent financial comparison site - to compare the interest rates you receive on your direct saver account against the average rates on over 100 equivalent accounts.

The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law (currently 20%). AER stands for annual equivalent rate and illustrates what the interest would be if interest was paid and compounded each year. Net is the rate of interest paid after the deduction of lower rate tax at 20%.


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Current interest rates
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We also do...

Instant Access Saver
Internet Saver
Premier Saver
Child Trust Fund
Deposit Services



Sainsbury's Finance is a trading name of Sainsbury's Bank plc. Sainsbury's Bank, registered office 33 Holborn London EC1N 2HT
(registered in England no. 3279730) is authorised and regulated by the Financial Services Authority.