'I collected almost £7,000 in Nectar points in four years' - MSE News

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A dad of four has amassed almost £7,000-worth of Nectar points in the past four years - and is now hoping to use them to buy a family holiday to Florida...
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''I collected almost £7,000 in Nectar points in four years''

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''I collected almost £7,000 in Nectar points in four years''

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Also, there's no guarantee that Nectar redemption offers, or even the scheme itself, will even be here tomorrow. Would MSE really recommend keeping £7k held as an undrawn Quidco cashback for example, or in a non-FSCS protected savings account?!
All seems very naïve to me.
If he had taken advantage of the numerous offers Nectar have had over the time he has been collecting and put the money saved into a bank account, not only could he have saved at least twice the basic value of the points, the funds would be protected, earning interest and with complete freedom on where to spend the cash he could negotiate a far better deal for a holiday than by using the points.
Nectar systems are very old fashioned and points balances are often only updated overnight. With a stolen card it is often used to collect a single point at both a Sains and an Argos which enables the card for redemption at these stores and then the whole balance is spent at both stores leaving the card with a negative balance equal to the previous positive balance once the system updates the next day - so you can't just lose your points balance but in fact twice the balance!
The website also requires just a single password so if your password has been compromised on another site then potentially a fraudster can log in, change your address and order a new card....
Given that the vast majority were earned for free via a Survey site, I was willing to risk letting them build up that much.
Exactly. Another pointless and annoying click-bait article by MSE.
Title should have read: 'How to collect loads of points with Clubcard or Nectar if you are a lorry driver'.
I don't think employers tend to mind people picking up points as part of business spending, so long as they are not doing it to the detriment of the business (so purposefully filling up at BP if a petrol station the other side of the road was 10p a ltr cheaper, or driving additional miles out of his way to a BP station).
£6025 PB's: £1427 Nutmeg Pot: £51'174 Company Shares £512.09 InvestEngine £8.21 Freetrade £569.46 Stake
£2457.92 TCB.
Side note: is he using a Nectar for Business card? Just wondering as I'm pretty sure it's against their Terms and Conditions to use a personal card for business use?
That's exactly where I was going with it. Are they choosing the more expensive pertrol station to the detriment of their employer.