Sainsbury's Bank has launched a new credit card, which will offer an introductory rate of 0% APR on purchases and balance transfers, will also provide Nectar points equivalent to 2% cashback on Sainsbury's purchases.

The rewards can be earned against purchases in-store including clothing, electrical appliances and groceries and also online shopping and in Sainsbury’s petrol filling stations.

The card also offers Nectar points equivalent to 0.1% cashback on non-Sainsbury’s related purchases a reward that can be at least doubled if purchases are made with a Nectar partner. The Nectar points can be redeemed against thousands of Nectar offers by simply visiting its website.