Compare our savings accounts

Whether you're saving for something important, or just want to put some money away for a rainy day, we offer a wide range of savings accounts that could be suitable for you.

Our savings products are covered by the Financial Services Compensation Scheme.

Show me:


Financial Services Compensation Scheme

All of our savings products are covered by the Financial Services Compensation Scheme (FSCS). For further information about the compensation provided by the FSCS visit new window

Protecting your money - A guide from the FSCS (PDF, 1.71Mb,) new window

Important Information
The tax treatment or rate of interest payable depends on the individual circumstances of each customer and may be subject to change in the future.

Savings accounts are available from Sainsbury’s B@nk to UK residents aged 18 years old or over. Sainsbury’s B@nk reserves the right to alter rates at any time.

*If you have paid in your full allowance, any amount you withdraw cannot be replaced during the tax year.

Gross interest is the interest rate paid with out the deduction of income tax. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded once each year. Tax-free is the interest rate payable where interest is exempt from income tax.

The tax treatment of savings interest changed from 6 April 2016. Find out more.