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MSE News: Hold on to Sainsbury's Nectar points for double up event

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From 18 to 31 March Nectar customers will be able to double up points to spend in seven categories at Sainsbury's...
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Hold on to Sainsbury's Nectar points for double up event

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  • samizdat
    samizdat Posts: 398 Forumite
    Had a quick browse online in electricals, but couldn't find anything that wasn't absurdly overpriced.

    Any tips on items that could be profitably traded?
  • Beaker99
    Beaker99 Posts: 252 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 4 March 2015 at 11:24AM
    I was going to mention this too.. They've done a couple of 'double-up' events before, normally before Christmas, but when you look at everything you think 'bloody hell - that's expensive!' - so be cautious.. always look around before committing your hard earned nectar points!


    ...and come on MSE - I'm surprised you gave a mouthpiece to the Sainsbury's PR machine without a check on what the offer really meant or was worth - it's usually good sign when they restrict the event to items that they can eaily manipulate the prices of.. eg electrical etc!
  • Silly question perhaps but these vouchers are only for spending in store, right?
  • samizdat
    samizdat Posts: 398 Forumite
    Silly question perhaps but these vouchers are only for spending in store, right?

    No, you can spend them online also.

    The good thing about this offer is that, if Sainsburys refuses to sell anything at a decent price, you can reverse back into Nectar points without losing anything.

    So, pick whichever categories you feel will have the most keenly priced items during the offer period (not sure how to do this, but you can just guess), and then if nothing turns up, you can back out of the deal.
  • samizdat wrote: »
    The good thing about this offer is that, if Sainsburys refuses to sell anything at a decent price, you can reverse back into Nectar points without losing anything.

    Are you sure? I Thought once the points were exchanged for a voucher, they were non-refundable.

    In my opinion this offer really isn't worth as much as it seems!

    I believe the best tactic would be go to your local sainsburys, look round the clothing or electricals or whatever, see if you could spend the full amount of a voucher, and then (only then) go to customer services to make the exchange!

    My cynical minds thinks that sainsburys hopes that everyone will rush out to exchange their points and then not be able to spend the voucher!
  • moneypooh
    moneypooh Posts: 2,217 Forumite
    Part of the Furniture Combo Breaker
    I used it at Christmas for BluRay DVDs and that was great value as they were the same price as other DVD outlets; but agree about the clothes as they are better value when they do a sale promotion.
  • samizdat
    samizdat Posts: 398 Forumite
    Are you sure? I Thought once the points were exchanged for a voucher, they were non-refundable.

    I was relying on Martin's article, which states:

    "
    Items can be returned or exchanged within 28 days, in line with the usual returns policy of Sainsbury's. This means that you can: [snip..]

    • If an item is unwanted or faulty then the refund will be calculated by refunding the value of the double up voucher before the promotion. For example, 1,000 points exchanged for a Nectar voucher worth £10 will be refunded as 1,000 points on to your Nectar card worth the normal value of £5."
    This appears to say that you can convert unwanted goods back into Nectar points on your Nectar card.
  • Ah, that says you can buy and return. I thought from your earlier post you meant you could return the vouchers for refund without using them
  • MoneyMate
    MoneyMate Posts: 3,239 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 16 March 2015 at 5:40PM
    There are more questions than answers :shhh: :silenced:
    WARNING ! May go silent for unfriendly replies
    Please excuse me Spell it MOST times :o
    :)
    :A UK Resident :A
  • ZenUK
    ZenUK Posts: 327 Forumite
    Part of the Furniture Combo Breaker
    From the website you will receive a Sainsbury's Giftcard.
    Where an item is returned as unwanted it may be exchanged on a like for like basis or refunded within 28 days. The refund will be calculated as follows:
    The value of the Nectar Double Up coupon will be refunded at the pre-Nectar Double Up value onto a Sainsbury's gift card (e.g. 1000 Nectar points exchanged during the promotion for a £10 Nectar Double up coupon will be refunded as £5 onto a gift card). Any cash balance will be refunded using the same method of payment used in the original transaction.

    samizdat wrote: »
    I was relying on Martin's article, which states:

    "
    Items can be returned or exchanged within 28 days, in line with the usual returns policy of Sainsbury's. This means that you can: [snip..]

    • If an item is unwanted or faulty then the refund will be calculated by refunding the value of the double up voucher before the promotion. For example, 1,000 points exchanged for a Nectar voucher worth £10 will be refunded as 1,000 points on to your Nectar card worth the normal value of £5."
    This appears to say that you can convert unwanted goods back into Nectar points on your Nectar card.
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