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flag Sainsbury's sells Argos credit card portfolio to NewDay, set to complete by early 2026.

flag Sainsbury's has sold the Argos Financial Services card portfolio to NewDay, expected to complete by Q1 2026. flag NewDay has secured financing and approvals, and Sainsbury's Bank plans to return at least £250 million in excess capital to Sainsbury's. flag Customers with Argos cards will see no immediate changes.

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