Instant Access Saver (Nectar rate)

Easy access · Checked by hand 3 November 2026

4.35%

AER, falling to 1.25% after 1 year

Above until the bonus ends, then below inflation: CPI 3.5%, September 2026

What you'd earn

If you put in (£)

You'd earn about £870.00 in 1 year, before any tax.

Worked out from the AER, with the bonus ending on time. Variable rates can change.

Access: Instant access without penalty; up to £10,000 a transaction and £20,000 a day.
Minimum: £1
Maximum: £1,000,000
Interest paid: Monthly
Manage by: Online, Mobile app
Who can apply: Nectar members only. New customers only. Includes a 3.10% fixed bonus for the first 12 months; then the standard rate of 1.25%.
Where we read it: Sainsbury's Money's own page, 3 November 2026. We read this rate from the bank's own page by hand and recheck it at least weekly

Juno hasn't read a Summary Box for this account yet. Sainsbury's Money's own page has the full terms and conditions.

Deposit-taker: Sainsbury's Money, a trading name of National Westminster Bank Plc
Incorporated in: United Kingdom
Regulated: Yes, by the Prudential Regulation Authority and Financial Conduct Authority (FRN 121878)
Protection and disputes: Financial Services Compensation Scheme and Financial Ombudsman Service
Capital: Paid-up capital and reserves of £22,685m at 31 December 2025 (latest published accounts).

Up to £120,000 per person is protected across everything you hold with National Westminster Bank Plc.

Shared licence: NatWest, Ulster Bank, AA Savings, Saga Savings also use this licence, so money there counts towards the same £120,000.

Juno started tracking this rate on 2026-11-03. A history builds up from here.

The bonus ends after 1 year, when the rate drops. Add a reminder two weeks before. It goes straight into your calendar; we keep nothing.