Guilty, Casual, Saintly Or Green? The Gifting Traits Of Brits Revealed

28 November 2016

  • A nation of ‘Saintly Gifters’ – over half of gifts(1)  are given with lots of thought and effort
  • At the other end of the spectrum 6% are ‘Guilty gifters’
  • A fifth of people are putting more of their gifts on credit cards, 26% do so to make the most of reward schemes

When it comes to buying gifts for friends and family, people in the UK can rest assured that they have a clear conscience. Over half (51%) define themselves as ‘Saintly gifters’ who put lots of thought and effort in to the gifts they buy, according to new research(1) from Sainsbury’s Bank.

The research which looked at the gifting traits of people in the UK revealed that almost a  fifth (18%) identify themselves as ‘Casual gifters’ who put just enough effort into what they buy so they don’t feel guilty. ‘Re-gifters’ (5%) are those who admit to recycling gifts, and the ‘Guilty gifters’ (6%) are those who are left feeling guilty after they’ve handed over their gift.  Of those that have given a ‘Guilty gift’, the main reason cited for feeling guilty were because they hadn’t put any thought or effort into the gift (37%).

Reasons for guilty gifting(1)

No thought or effort in gift 37%
Not knowing what recipient would like 30%
Same gift for recipient every year 20%
Don’t care how it’s received 18%
Knew they wouldn’t like the gift 11%


Reasons for Re- gifting
(1)

Did not want to waste a good gift 40%
Recipient would like it more than I did 25%
I like to save money 11%
I like to be green – don’t want to buy more things 8%
Forgot to buy/didn’t have time to buy present 7%


Simon Ranson, Head of Banking at Sainsbury’s Bank said:

“As we hurtle towards Christmas, gift-buying comes sharply in to focus. Even the most Saintly-gifters among us can feel rewarded by choosing a credit card which offers generous rewards, and a 0% purchase card can help spread the cost of Christmas. Making your card work for you by giving you rewards every time you shop is an important feature of the Sainsbury’s Bank card suite.”

A fifth (19%) of Brits say they will be putting more on their credit card this year than they did two years ago, with those doing so increasing their credit spend by almost a third (32%) on average. Of these, more than a quarter (26%) will be using their credit card to take advantage of rewards schemes such as Nectar points and cash back.

The main reasons given for increasing gift spending on credit cards is for the enhanced consumer protection (31%), taking advantage of interest free periods (27%), having more gifts to buy than two years ago (27%) and spending more on gifts than previously (26%).

According to recent research from MoneyComms(2) many rewards providers have cut the reward earned or ditched their schemes altogether due to cost pressures from the EU interchange fee changes. In this latest 0% credit card purchase market analysis carried out by Moneycomms only John Lewis (Partnership Card), Nationwide Building Society and Sainsbury’s Bank have maintained their reward rates of 2 years ago .

Sainsbury’s Bank’s Purchase Credit Card offers 0% interest on purchases for 28 months and 0% on balance transfers for 18 months(3) and has no annual fee. Customers are also awarded two Nectar points per £1 spent in Sainsbury’s and on Sainsbury’s fuel, and one point for every £5 spent elsewhere. And until 29th December, new customers who apply and take out a Sainsbury’s Bank Nectar Credit Card and spend £800 or more on Sainsbury’s shopping or fuel with their Sainsbury’s Bank credit card during the first 3 months from account opening will be rewarded with 5,000 bonus Nectar points(4).

-Ends-


Notes to Editors

Natasha Virtue / Jennifer Johnston-Watt Sainsbury’s  Bank Press Office  bank_communications@sainsburys.co.ukT. 0131 286 0010

Emma Murphy Emma.Murphy@citigatedr.co.uk T (0)7720 497 859

This press release is information for journalists only and is not intended to be a promotion to be acted upon by consumers.

Representative example

Purchase rate is With a representative With a representative
18.95% p.a. variable 18.9% APR variable £1,200

Sainsbury’s Bank Nectar Credit Cards are available to new Sainsbury’s Bank Credit Card customers only. We treat all our customers and their applications for a Sainsbury’s Bank Nectar Credit Card on an individual basis. The interest rate and credit limit we offer are determined by the details you supply, along with an independent verification of credit and repayment history. To keep your promotional rate you must pay at least the minimum

Nectar points are collected on each full £1 of each separate shopping and fuel transaction at Sainsbury’s. Excludes Sainsbury’s Telecoms and Energy, which will be treated as non-Sainsbury’s purchases. For non-Sainsbury’s purchases 1 Nectar point is earned on each full £5 of each separate transaction. Travel Money purchases are not eligible for points. Nectar points are awarded to you by Sainsbury’s Supermarkets Ltd and Sainsbury’s Bank plc, who reserve the right to alter or terminate the offer at any time. Please allow up to 60 days from your credit card statement date for points to be credited to your Nectar account. The Nectar loyalty programme is operated independently of Sainsbury’s Bank by Aimia Coalition Loyalty UK Ltd, and the collection and use of points is governed by the Nectar Collector Rules, which are set out in the registration pack and are also available at nectar.com.

  • Sainsbury’s Bank commissioned Opinium Research to survey 2,000 nationally representative UK adults aged 18+ between 4th and 8th November 2016. Opinium Research is a member of the British Polling Council and abides by its rules
  • Sainsburys Bank commissioned MoneyComms analysis of card market 14th November 2016
  • 0% interest on purchases for 28 months and 0% interest on balance transfers for 18 months. 2.89% balance transfer fee applies for your first 3 months, 3% afterwards (minimum £3 at all times).
  • Nectar offer available to new customers only who apply and take out a Sainsbury’s Bank Nectar Credit Card between 25th May and 29th December 2016. Customers who spend £800 or more on Sainsbury’s shopping or fuel with their Sainsbury’s Bank credit card during the first 3 months from account opening and be rewarded with 5,000 bonus Nectar points. Excludes Sainsbury’s Telecoms, Energy and Travel Money, which will be treated as non-Sainsbury’s purchases. Please allow up to 60 days from your credit card statement date for points to be credited to your Nectar account. If a transaction is refunded to the customer’s account we may remove the 5,000 Nectar points if they no longer have qualifying transactions totalling over £800. Sainsbury’s Bank reserves the right to alter or terminate the offer at any time.