NatWest and Sainsbury’s have announced a partnership that will expand the range of financial products offered to the supermarket’s customers.

NatWest is launching two new products as part of the partnership. The first is a NatWest Nectar credit card through which users will be able to earn Nectar points – a loyalty scheme operated by the Sainsbury’s-owned Nectar company – through everyday spending.

The second is a service offering savings accounts and unsecured personal loans through Sainsbury’s digital channels. The bank said that Nectar members will be able to receive tailored interest rates for these products, “rewarding loyalty through the Nectar programme.”

The partnership follows NatWest’s acquisition of Sainsbury’s Bank’s core banking business in 2025. The new products will be available in the second half of 2026.

Solange Chamberlain, chief executive of 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.”

NatWest’s growth strategy also includes streamlining its business offerings to refocus on its core banking products. In late March, the bank sold its human resources advisory business to private equity-backed Empowering People Group as part of this push.

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