Sainsbury’s Bank increases 0% term on Nectar Purchase Credit Card

Sainsbury's has extended its 0% offer on purchases and balance transfers to 18 months.

Sainsbury’s Bank has bumped up the 0% period on balance transfers and purchases to 18 months on its Nectar Purchase Credit Card.

In response to increasing competition on the market, the supermarket has decided to step up its game and improve on its previous 16-month offer.

What is an all-round credit card?

These cards suit borrowers who need to move debt but also want a card that will help them break up the payments for a bigger purchase. For a limited period, they can get both, interest-free.

The big plus point of an all-round credit card is that it does two jobs at once, meaning you don't need separate cards for purchases and balance transfers. Not only is that lighter on your wallet, but it also means there's (hopefully) only one application on your credit record rather than two.

Getting more for your money

With the Sainsbury’s Bank Nectar Purchase Credit Card, you collect two Nectar points for every £1 spent on Sainsbury’s fuel and one Nectar point for every £5 spent elsewhere. A major draw is the chance to double your points on your Sainsbury’s shopping.

How it compares

To give you an overview, we’ve gathered some of the best all-round credit cards, all of which offer lengthy 0% periods on both purchases and balance transfers.

Credit card	0% period on balance transfers	0% on purchases	Balance transfer fee	Cost of transferring £2,000 balance	Representative APR
Nationwide Select Credit Card*	26 months	15 months	2.4%	£48	15.9%
Halifax 19 Months Balance Transfer and 16 Months Purchase Credit Card	19 months	16 months	2%	£40	18.9%
Barclaycard Platinum Purchase Credit Card	19 months	14 months	2.49%	£49.80	18.9%
Sainsbury’s Bank Nectar Purchase Credit Card	18 months	18 months	3%	£60	16.9%
Bank of Scotland Platinum 18 Month Balance Transfer Credit Card	18 months	16 months	2%	£40	18.9%
Lloyd’s Bank Platinum 18 Month Balance Transfer Credit Card	18 months	16 months	2%	£40	18.9%
Halifax Online All in One	15 months	15 months	0.8%	£16	17.9%
Tesco Bank Clubcard Balance Transfer and Purchases	15 months	15 months	0.85%	£17	18.9%
Bank of Scotland Platinum 13 Month Purchase Credit Card	13 months	13 months	1%	£20	17.9%
TSB Platinum Purchase Card	13 months	13 months	1%	£20	17.9%
Lloyd's Bank Platinum Purchase Credit Card	13 months	13 months	1%	£20	17.9%
Marks & Spencer Bank Mastercard	12 months	15 months	2.9%	£58	16.9%

*Exclusively for Nationwide current account holders

Not the right deal for you? Compare more cards with lovemoney.com

A little less spending, a little more debt recovery

While an all-round credit card does two jobs pretty well, if you are primarily focused on balance transfers or purchases, then they can be beaten.

For example with balance transfers you can now enjoy an incredible 34 months of 0% interest, as the table below highlights.

Credit card	0% period on balance transfers	Balance transfer fee	Cost of transferring £2,000 balance	Representative APR
Barclaycard 34-Month Platinum Visa	34 months	2.99%	£59.80	18.9%
Barclaycard 33-Month Platinum Visa	33 months	2.79%	£55.80	18.9%
Tesco Clubcard for Balance Transfers MasterCard	33 months	2.9%	£58	18.9%
Sainsbury's Bank Balance Transfer MasterCard	33 months	3%	£60	18.9%
Halifax 32-Month Balance Transfer MasterCard	32 months	2.65%	£53	18.9%
MBNA 32-Month Platinum Credit Card	32 months	2.69%	£53.80	18.9%
Lloyds Bank 32-Month Balance Transfer MasterCard	32 months	2.8%	£56	18.9%
Bank of Scotland Platinum 32-Month Balance Transfer MasterCard	32 months	2.8%	£56	18.9%

Alternatively, if getting a lengthy 0% deal on purchases is your main priority, you can get up to 20 months free of interest on your spending. Check out The best 0% purchase credit cards for more.

Compare more credit cards with lovemoney.com

Would you go for an all-round credit card? Let us know in the comments below.

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The best 0% balance transfer credit cards

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The best credit cards to use on your travels

Best credit cards if you have a bad credit history