NatWest and Sainsbury’s have announced a new agreement that will bring a range of new financial products to Sainsbury’s customers, with exclusive benefits for Nectar members.

The agreement follows NatWest’s acquisition of Sainsbury’s Bank plc’s core banking business in 2025.

“NatWest and Sainsbury’s will work together to offer tailored financial products designed to support customers’ needs,” said NatWest, the bank formerly known as RBS.

“As part of the partnership, Nectar members will be able to access tailored rates on savings and loans, rewarding loyalty through the Nectar programme.”

New products will include a new NatWest Nectar credit card, allowing customers to collect Nectar points on purchases, with opportunities to earn bonus points, provided by NatWest Retail, and instant access savings and unsecured personal loans, available through Sainsbury’s digital channels, powered by NatWest Boxed.

Solange Chamberlain, CEO Retail Banking, NatWest said: “Partnering with Sainsbury’s enables NatWest to help many more families with their financial needs, combining our expertise and financial know how with a seamless digital experience and Sainsbury’s scale.

“This ongoing partnership is a great example of our focus on exceptional customer service and accelerating growth in our Retail Banking business through innovative partnerships that deliver for our customers where they are and support the Group growth strategy.”

Patrick Short, Managing Director of Financial Services at Sainsbury’s said: “We’re committed to working with trusted partners who share our values and dedication to delivering outstanding service for our customers. Building on our success together, we are pleased to extend our agreement with NatWest, whose deep expertise and customer-first approach continue to make them an ideal partner for our evolving financial services offering.”