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Three new fixed rate savings accounts from Sainsbury’s

23rd May 2011 Print

Sainsbury's Finance has launched three new fixed rate savings accounts. The new interest rates paid on its one, two and three-year fixed rate savings accounts are 3.4%, 3.95% and 4.2% gross respectively.

Accounts can be opened with a single deposit between £5,000 and £50,000. Interest is paid monthly or annually into a nominated account.

Helen Cook, Sainsbury's Finance's Head of Savings said: "Today's launch is the latest in a number of competitive fixed rate savings accounts that we've launched this year. These accounts have all proved very popular with customers who want to put some money away in the knowledge that they'll get a good return. We anticipate a high demand for these new accounts so would advise anyone interested in applying to do so quickly whilst they're still available."

To open an account or to find out more information, visit