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Nectar AMEX Annual Charge £25

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  • Marksfish
    Marksfish Posts: 359 Forumite
    Part of the Furniture 100 Posts Name Dropper
    There is a new free Nectar card out. Ring them and ask to transfer, that's what I did :)
  • King_Of_Fools
    King_Of_Fools Posts: 1,607 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Marksfish wrote: »
    There is a new free Nectar card out. Ring them and ask to transfer, that's what I did :)

    You can also do that using the link at the top.
  • Marksfish
    Marksfish Posts: 359 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Oops, missed that, worth repeating though.

    The points may be worse, but at least they are still being collected is the way I look at it. Better than the Sainsburys Visa offer!
  • alibali65
    alibali65 Posts: 21 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    edited 22 March 2013 at 6:33PM
    Now you are getting 2 points per £1 on all purchases not just those in the nectar club.

    depending on how much you spend this may offset the £25 charge which equates to 5000 points.
  • Marksfish wrote: »
    There is a new free Nectar card out. Ring them and ask to transfer, that's what I did :)
    I've just applied for the free card online which will automatically replace the current card which I can use until the new card arrives.
  • Any
    Any Posts: 7,959 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    zerog wrote: »
    Think of it as buying 5000 nectar points for £25 (as long as your spend is over that amount).

    Or, I can just spend the £5000 on a card with other reward and get that reward for my spend.
    Instead of having to spend £2500 to break even to start off with...

    If I had large spend on my card I would consider it, but as I don't it's not worth the hassle. I just about hit £500 a month.
    I get 1000 points for £500 spend now (thanks to More points), so it's going to be worse for me which ever way you look at it.

    Second hard blow after cancellation contract with Amazon...
  • ffacoffipawb
    ffacoffipawb Posts: 3,593 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Any wrote: »
    No, I didn't and if I do I am cancelling!!

    Didn't use mine much, plain cashback is better, so I just cancelled my card. Not worth £25 per annum. The Santander 123 card IS worth £24 per annum.
  • King_Of_Fools
    King_Of_Fools Posts: 1,607 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 24 March 2013 at 10:09AM
    I plan to go for the free card and use it just for Foursquare and other AMEX benefits. The rest of my spend would be better off on my Tesco card than with 1 Nectar point per pound or either 2 with the £25 fee.
  • Krinkle
    Krinkle Posts: 39 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    The amex reward card is still fee free isn't it?
  • King_Of_Fools
    King_Of_Fools Posts: 1,607 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Krinkle wrote: »
    The amex reward card is still fee free isn't it?

    Which one is that?
This discussion has been closed.
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