Nectar Hive - 10% earned on points.

supersaver1000

michaels wrote: »

I'm loving this, my £830 quid of points is earning 10% and more importantly the points are safe if my card were to be stolen.

Just a shame I always have to search google for the link to log in. Once logged in this is the link:
https://www.nectar.com/hive.snectar?method=view

Thanks michaels. I've just reposted this on my thread too. Excellent

hawki

NicNocs wrote: »

How easy is it to get the points out of hive again if you want to spend them? I'm worried I won't be able to get to them easily?!

Many thanks.

It looks easy - once you have moved some points over, another box appears which says withdraw & you type in the amount.

indsty

I just discovered this today. Put my £50 worth of points in. Kept a few on my card just in case I end up at the till with no money in my purse one day ! It is also safer in case the card gets lost.

asajj

If you haven't seen it a double up event is coming apparently.

http://www.moneysavingexpert.com/news/shopping/2015/03/hold-on-to-sainsburys-nectar-points-for-double-up-event

Makeandsave

Thank you i never knew about this

samtastic7

have moved some although I was unable to find it without your link...

Lu_Lu

Just logged in to my account and I get a message saying the hive is now closed and my points are being transferred back to my main nectar account. I really hope they come back soon as I had nearly 10,000 points!

Makeandsave

What a shame this has closed, Would have be a great xmas saving club for Sainsburys!

LittleVoice

Lu_Lu wrote: »

Just logged in to my account and I get a message saying the hive is now closed and my points are being transferred back to my main nectar account. I really hope they come back soon as I had nearly 10,000 points!

Thanks for the alert. I hadn't looked at my account since checking the weekly increase. (Received total of 95 points during my time with the account.)


I hope their review of the pilot means that it will return and that it will still offer 10% AER.

asajj

Nectar Hive is available to selected Nectar cardholders only. You will be contacted by Nectar in the event you are eligible. If you have not been contacted by Nectar and are interested in taking part in Nectar Hive, please contact us on 0344 811 0811.

Once you have registered your Nectar Hive account and transferred Nectar points from your Nectar current account you will accrue interest on a daily basis on the number of Nectar points in your Nectar Hive account until the date any such points are deducted from your Hive account.

Interest will be added to your Nectar Hive account every Friday for the previous week. If you have transferred Nectar points to your Nectar current account before interest is added, you will accrue interest only for the days that such points were in your Hive account.

Nectar Hive does not have an overdraft option and is not a bank account.

There are no restrictions on transferring Nectar points (including Nectar points accrued as interest) between your Nectar current account and your Nectar Hive account, subject to website availability, however you will only accrue interest Nectar points in your Nectar Hive account.

You must continue to redeem your Nectar points for Rewards from your Nectar current account. If you wish to redeem points held in your Nectar Hive account you must transfer the relevant number of Nectar points to your Nectar current account before you make the redemption. Please note that points may take up to 48 hours to transfer from your Nectar Hive account to your Nectar current account.

Nectar Hive is available at Nectars discretion and Nectar may withdraw this offer at any time without notice.

Standard Nectar Collector Rules apply and can be found at: http://www.nectar.com/about-nectar/legal/collector-rules.points

Copy-pasted from Nectar's website, so it was a trial and there is still a possibility to be part of it.