Nectar savers club

pinkfluffybabe

Hiya

I had an email from Nectar today about this new savers club: http://www.nectar.com/contents/html/saverclub/landing.htm

Basically, by joining it, you agree not to use any points between April and November 2007 and in return, members of the club will get extra bonus points and entries in prize draws.

Sounds good if you are getting decent offers, but the cynical side of me wonders why? Obviously they are going to guarantee themselves that a subset of members can't use their points for those months but not sure what is in it for Nectar (have my cynical MSE hat on).

Can anyone shed any light? Is it a good idea to join? I was planning to save my Nectar points for xmas gifts anyway.

Thanks

outbidder

Not wanting to hijack this thread but more as an FYI, I cashed in 5000 Nectar points for 2 massages at Cannons. When you call to make the appointment, they say that as you are using Nectar vouchers you can't go on weekends or evenings (so basically, only the normal working day).

I don't see any mention of this on the Nectar or Cannon website so before you all go thinking you can go for nice massages of a weekend or after work, forget it...unless you work shifts LOL

pooranddesperate

Last summer - july/ august time they did some good deals with nectar points - reducing the amount of nectar points required to get cd's, giving you better value redemption value for adams etc.. so I wonder whether they have similar offers planned for this summer? and if so, if they've tied you into the savers club will ensure that you don't take up these offers, but have to wait until the offers have gone back to their usual levels..

earthmother

Thanks OP - was wondering about this myself

I think I'd want to know a bit more about these supposed 'bonus points and exclusive offers' before I committed my points - like you say, 'what's the catch'.

I don't get many, as we really only collect at Sainsburys (Quidco generally beating nectar for any online shopping), but it's useful every so often to knock a few pounds off the shopping, or get some school uniform cheap.

This scheme will be no good if once you can spend your points there are any new T&C attached (such as a specific time period, 'use it or loose it' type of scenario, or minimum spend/redemption)

*Also has cynic hat on*

Erinath

Nectar Saver Club Terms and Conditions

1. The Nectar Saver Club is available to all Nectar Accounts. Only Primary Collectors (if you are unsure if you are a primary or additional collector, please visit https://www.nectar.com for details) can link their Nectar Account to the Nectar Saver Club by submitting their Nectar Account details to Loyalty Management UK Limited on or before 31 March 2007. Additional Collectors are not able to link their Nectar Account to the Nectar Saver Club or leave the Nectar Saver Club.
2. Nectar Accounts which are linked to the Nectar Saver Club between 1 April 2007 and 30 November 2007 (inclusive) will:
1. be entered into a 100,000 Point Prize Draw, subject to the terms and conditions below;
2. earn double Points on all purchases through Nectar eStores, subject to the terms and conditions below; and
3. receive exclusive offers from sponsors and rewards suppliers.
3. Neither Primary Collectors nor Additional Collectors of Nectar Accounts linked to the Nectar Saver Club can redeem Points between 1 April 2007 and 30 November 2007 (inclusive). The Primary Collector can choose to leave the Nectar Saver Club at any time by calling the Nectar Helpline on 0870 4 100 100. If you leave the Nectar Saver Club for whatever reason between 1 April 2007 and 30 November 2007 you will not be entitled to any of the benefits listed at paragraph 2 above.
4. Nectar Accounts linked to the Nectar Saver Club will not receive rewards communications from Loyalty Management UK Limited or participating companies between 1 April 2007 and 30 November 2007.
5. By joining the Nectar Saver Club, Nectar Collectors agree to be bound by these terms and conditions.

100,000 Point Prize Draw

1. This prize draw is only open to all Nectar Accounts linked to the Nectar Saver Club between 1 April 2007 and 30 November 2007.
2. There is one prize to be won of 100,000 Nectar points. The prize draw will take place on 30th November 2007. The prizewinner will be the first name drawn at random from valid entries. The results of the prize draw are final and no correspondence will be entered into. The prize is non-transferable.
3. Eligible Nectar Accounts will be automatically entered into the prize draw when joining the Nectar Saver Club.
4. The prizewinner will be notified by email by 5th December 2007 and the points will be transferred to the prizewinner's Nectar account by 14th December 2007.
5. Details of the prizewinner can be obtained for a period of 6 weeks following the prize draw by sending a SAE to Nectar Saver Club Prize Draw, 3rd Floor, 80 Strand, London, WC2R 0NN.

Nectar eStores Double Points Offer

1. The double points offer is valid on all points earning purchases from Nectar eStores retailers provided that such purchases are made through Nectar eStores between 1 April 2007 and 30 November 2007 (inclusive).
2. The standard rate of Nectar points earned with the Nectar eStores retailer will be issued in the usual way to Nectar Accounts. Any points earned in relation to this Nectar Savers Club offer will be awarded separately by 14th December 2007.
3. Offer cannot be exchanged for cash or used with any other offer, promotion or coupon. Offer is not transferable.

I figured I might as well sign up for it, as it does say you can opt out at any time & all you'll lose is any bonus points earnt.

moneylover

Nectar has just taken away one good perk. A £2.50 voucher has bought £5 worth of childrens clothes in Adams. However now only £3. So only a gain of 50p. As there clothes tend to me expensive anyway its not really worth getting Adams vouchers anymore

mickyme

so do you think we should go for it, it looks like we really don't have anything to lose.

pinkfluffybabe

I signed up in the end. Will give it a try and if its rubbish I will leave!

sulliebear

I wonder is this has anything to do with Sainsburys being bought out this year?

Dazza.mk_2

"Nectar Accounts linked to the Nectar Saver Club will not receive rewards communications from Loyalty Management UK Limited or participating companies between 1 April 2007 and 30 November 2007. "

So I guess that means you won't get any statements in that period (and attached bonus coupons)

pinkfluffybabe

Dazza.mk wrote:

"Nectar Accounts linked to the Nectar Saver Club will not receive rewards communications from Loyalty Management UK Limited or participating companies between 1 April 2007 and 30 November 2007. "

So I guess that means you won't get any statements in that period (and attached bonus coupons)

ouch!! I should have noticed that one