We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Sainsburys drop points value beginning this month

Options
Sainsburys drop points value beginning February from 1p for every 2points to half penny as was spoken of in the press a few months ago ,so if you have a big shopping trip or points to get rid of ; now is the time:)
«1

Comments

  • Is this for Nectar points?
  • bb999
    bb999 Posts: 528 Forumite
    Does this refer to how many points are collected with each shop, or how much they are redeemed for?

    I currently have 3750 points, worth £18.75. Will this value drop to £9.37 from 1st Feb? If so, I had better spend them tomorrow!
  • dollywops
    dollywops Posts: 1,736 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    http://www.nectar.com/collect/sainsburys-is-changing.points


    This explains everything.


    What does this mean for you?

    What about the points I've already earned?

    The points you already have are saved on your card, ready to use as always.
    Will this be the same with Nectar partners outside Sainsbury's?

    No. This change will only apply at Sainsbury's.
    What do these changes mean for me?

    If you're a Nectar customer, you'll collect points at Sainsbury's at a rate of one per pound from April 2015, versus two points per pound at the moment.
    You can also benefit from lots more bonus events that Sainsbury's are launching after the change, such as 10x points on fuel (that's 10 points per litre of fuel, equivalent to 5p a litre). Sainsbury's will also be running Christmas Double Up events on a wider range of products including toys, entertainment, seasonal, electrical, home & clothing.
    Is the value of the Nectar points on my card going to change?

    No, the value of points is not changing, You'll still get £2.50 off for every 500 points.
    Is there a difference in value of my points between in store and online?

    No, they will remain the same.
    When is this change happening?

    Sainsbury's will be rolling out the changes from 11th April 2015 with new offers over the course of the year. We're letting you know now so that it's clear what changes we're making well ahead of time.
    Are Sainsbury's taking points away for reusing carrier bags?

    Yes. From 11th April in all Sainsbury's stores as part of a wider review of our Nectar offering to customers.
    I am a customer with Sainsbury's Bank. What do these changes mean for me?

    Nectar is changing for all Sainsbury's customers, which means that the way our Bank customers collect points when they use their Nectar card in store will change in the future too.
    On certain financial products, where Sainsbury's entered into a fixed term, two year Double point promotion with customers, this will continue and will not be changing terms and conditions as a result. Please consult the terms and conditions of your Sainsbury's Bank product, visit the Bank FAQ page or contact the Bank if you have any questions.
    * Qualifying spend excludes infant formula, tobacco and related products, spirits and liqueurs, gift vouchers, savings or postage stamps, mobile phone vouchers, phone cards or charity products.
  • lisa2310
    lisa2310 Posts: 116 Forumite
    Ninth Anniversary
    Says 11th April not tomorrow, am I reading it wrong?
  • Bobz
    Bobz Posts: 71 Forumite
    There's a Nectar Boost on Ebay until 31st January - 'redeem your points on Ebay and we'll give you back 50% of the points you convert'.
  • k18dan
    k18dan Posts: 295 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Nectar points have always been poor value in my eyes.. even more so now..
  • The value of the points on your card don't change - it's the accrual rate that is changing (cutting in half). There's no need to rush out and use your points - you're probably better off hanging on to them and then using them in some of the promised promotional periods.
    Common sense?...There's nothing common about sense!
  • 5555tt
    5555tt Posts: 108 Forumite
    Thanks for clearing that up ,thought they were been cut in half and in February. Have a nice weekend :)
    dollywops wrote: »
    http://www.nectar.com/collect/sainsburys-is-changing.points


    This explains everything.


    What does this mean for you?

    What about the points I've already earned?

    The points you already have are saved on your card, ready to use as always.
    Will this be the same with Nectar partners outside Sainsbury's?

    No. This change will only apply at Sainsbury's.
    What do these changes mean for me?

    If you're a Nectar customer, you'll collect points at Sainsbury's at a rate of one per pound from April 2015, versus two points per pound at the moment.
    You can also benefit from lots more bonus events that Sainsbury's are launching after the change, such as 10x points on fuel (that's 10 points per litre of fuel, equivalent to 5p a litre). Sainsbury's will also be running Christmas Double Up events on a wider range of products including toys, entertainment, seasonal, electrical, home & clothing.
    Is the value of the Nectar points on my card going to change?

    No, the value of points is not changing, You'll still get £2.50 off for every 500 points.
    Is there a difference in value of my points between in store and online?

    No, they will remain the same.
    When is this change happening?

    Sainsbury's will be rolling out the changes from 11th April 2015 with new offers over the course of the year. We're letting you know now so that it's clear what changes we're making well ahead of time.
    Are Sainsbury's taking points away for reusing carrier bags?

    Yes. From 11th April in all Sainsbury's stores as part of a wider review of our Nectar offering to customers.
    I am a customer with Sainsbury's Bank. What do these changes mean for me?

    Nectar is changing for all Sainsbury's customers, which means that the way our Bank customers collect points when they use their Nectar card in store will change in the future too.
    On certain financial products, where Sainsbury's entered into a fixed term, two year Double point promotion with customers, this will continue and will not be changing terms and conditions as a result. Please consult the terms and conditions of your Sainsbury's Bank product, visit the Bank FAQ page or contact the Bank if you have any questions.
    * Qualifying spend excludes infant formula, tobacco and related products, spirits and liqueurs, gift vouchers, savings or postage stamps, mobile phone vouchers, phone cards or charity products.
  • Barter
    Barter Posts: 593 Forumite
    Part of the Furniture 500 Posts
    Bobz wrote: »
    There's a Nectar Boost on Ebay until 31st January - 'redeem your points on Ebay and we'll give you back 50% of the points you convert'.

    I can’t see any reference to this offer on Ebay, can you post a link please? Thanks.
  • Dclutterchique
    Dclutterchique Posts: 139 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    edited 1 February 2015 at 2:18PM
    5555tt wrote: »
    Thanks for clearing that up ,thought they were been cut in half and in February. Have a nice weekend :)
    Could you please direct us to the source of this information?


    ETA: Please ignore my request as I misread 'thought' as 'though' and changed the meaning of the OP's post.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.7K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.4K Spending & Discounts
  • 243.7K Work, Benefits & Business
  • 598.4K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 256.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.