Nectar AMEX Annual Charge £25

[Deleted User]

There's also the Amex Basic Charge Card which is fee-free and works with 4SQ offers.

reclusive46

billbennett wrote: »

There's also the Amex Basic Charge Card which is fee-free and works with 4SQ offers.

Yes that still exists.

Any

Anyone has the AMEX platinum cashback?
That has £25 fee but 5% cashback in first three months and then 1.25% after.
On my cals that would work out the best for me (even though it has a charge).
Just worried I will get that one and they will change that or something...

travellingred

I spent £3,500 on my Amex Nectar card last year. I only use it at Nectar retailers so receive 2 points per £1 currently.

I calculate that I therefore received 7,000 points last year, worth £35.

Going forwards I'll receive 4 points per £1 which is 14,000 points worth £70, less the £25 fee means I'm still £10 better off under the new pricing structure than the old.

The £5,000 annual spend referred to above only works for spend at non-Nectar partners.

King_Of_Fools

travellingred wrote: »

I spent £3,500 on my Amex Nectar card last year. I only use it at Nectar retailers so receive 2 points per £1 currently.

I calculate that I therefore received 7,000 points last year, worth £35.

Going forwards I'll receive 4 points per £1 which is 14,000 points worth £70, less the £25 fee means I'm still £10 better off under the new pricing structure than the old.

The £5,000 annual spend referred to above only works for spend at non-Nectar partners.

You will not get 4 points per pound on Nectar partners just the same 2 as before. So the £5000 spend is the same wherever you shop.

don_simon

travellingred wrote: »

I spent £3,500 on my Amex Nectar card last year. I only use it at Nectar retailers so receive 2 points per £1 currently.

I calculate that I therefore received 7,000 points last year, worth £35.

Going forwards I'll receive 4 points per £1 which is 14,000 points worth £70, less the £25 fee means I'm still £10 better off under the new pricing structure than the old.

The £5,000 annual spend referred to above only works for spend at non-Nectar partners.

Except that they're not giving double points at Nectar retailers any more, so you'll only get 2 points per £1.

Check the FAQs, 'Why don't I get a better earn rate at Nectar partners anymore?'
http://www.nectar.com/landing/nectarcreditcardfaq2/index.rnectar

xyz123

i recently got a new nectar amex card, purely for foursquare offers.

yet to receive the letter but am i right in understanding that if you dont want to pay the fee you opt out but it still remains an AMEX card>? i.e. i can still get foursquare offers on it!

i was just about to apply for a new one for OH for more foursquare offers, so need to be careful to select fee free card.

King_Of_Fools

xyz123 wrote: »

yet to receive the letter but am i right in understanding that if you dont want to pay the fee you opt out but it still remains an AMEX card>? i.e. i can still get foursquare offers on it!

You only get 1 Nectar point at Nectar partners instead of 2 and the APR is higher but otherwise it remains the same.

travellingred

King_Of_Fools wrote: »

You will not get 4 points per pound on Nectar partners just the same 2 as before. So the £5000 spend is the same wherever you shop.

Good point. I'd missed that. Thanks.

houseofpat

I have just applied to transfer to the fee free card and wondered if they transfer your second user from your old card or will I have to wait till my new card appears and add the second user myself.