NatWest and Sainsbury's partner to launch new finance products [Yahoo! Finance]
NatWest Group plc American Depositary Shares (NWG)
Company Research
Source: Yahoo! Finance
The move comes after NatWest's 2025 purchase of Sainsbury's Bank's personal loan, credit card and retail deposit books, referred to collectively as the “core banking business”. Under the agreement, both companies plan to develop financial services aimed at Sainsbury's shoppers, with Nectar members set to receive specific rates on savings products and personal loans linked to the existing Nectar programme. The planned line-up includes a NatWest Nectar credit card that will enable cardholders to collect Nectar points on day-to-day spending, with additional opportunities to earn bonus points. The card will be issued by NatWest Retail. Instant access savings accounts and unsecured personal loans are also due to be made available through Sainsbury's online channels, using the NatWest Boxed platform. The new products are scheduled to begin rolling out in the second half of the year. Sainsbury's Financial Services managing director Patrick Short said: “We're committed to working
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NWG
Sec Filings
- 4/2/26 - Form 6-K
- 4/2/26 - Form 6-K
- 3/31/26 - Form 6-K
- NWG's page on the SEC website