should i get a Nectar card?

hardpressed

I have Barcalycard Visa, pay it off each month. Now they don't give Nectar points I was think of getting a Nectar credit card, given that I do my shopping and buy petrol at Sainsbury would that be a good idea do you think? Are the bonus point still available?

grumbler

See recent thread: Nectar Cards

IMO combination of a usual 1% cashback card and a Nectar loyality card (not CC) is better.

King_Of_Fools

grumbler wrote:

IMO combination of a usual 1% cashback card and a Nectar loyality card (not CC) is better.

How is it better? You get 1% equivalent with the Nectar card and you get the points every month rather than having to wait a year for your cashback.

grumbler

King_Of_Fools wrote:

How is it better? You get 1% equivalent with the Nectar card and you get the points every month rather than having to wait a year for your cashback.

1. With Amex Nectar you get equivalent to 1% cashback only at participating Nectar sponsors. Eselwhere you get only 0.5%. Plus usual problems with acceptance of Amex.
2. Monthly or yearly does't make any difference for me.
3. I have more freedom with spending cash than with spending points.

lindabea

grumbler wrote:

1. With Amex Nectar you get equivalent to 1% cashback only at participating Nectar sponsors. Eselwhere you get only 0.5%. Plus usual problems with acceptance of Amex.
2. Monthly or yearly does't make any difference for me.
3. I have more freedom with spending cash than with spending points.

Hello Grumbler - What you are forgetting is that when paying with Amex nectar at participating nectar sponcers, you actually get 2% - 2 ponts on the nectar card and another 2 points from Amex.

I can understand your comment about monthly or yearly. It does not matter to me either.

However, although I agree with your last comment to a certain extent, there are many outlets where you can convert your points to cash such as money off at Sainsburys or petrol at BP and many others.

What matters in the end, is that you are getting a good return for your expenditure. I use my nectar combination cards at participating sponsers only and use other cards for anything else.

grumbler

lindabea wrote:

Hello Grumbler - What you are forgetting is that when paying with Amex nectar at participating nectar sponcers, you actually get 2% - 2 ponts on the nectar card and another 2 points from Amex.

Hi
Yes, you get 2%. If you pay with other 1% card and a Nectar loyality card you get the same 2%. You don't get extra points on your loyality card if it is used together with Amex Nectar CC

What matters in the end, is that you are getting a good return for your expenditure. I use my nectar combination cards at participating sponsers only and use other cards for anything else.

All this makes sence only if you spend points on some offers, not in Sainsbury's or BP. Only in this case points can worth more than 0.5p (Martin estimates average value of a point as 0.54p - Value your existing points ). See also: New Amex Nectar Card – Points Don’t Make Prizes