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Can we do this to switch to Amex Nectar and still get the new customer bonus?

Hey all,

We've been using an Amex card for our standard spending for years (paying in full each month of course), and have noticed the cashback rate getting worse and worse as time goes on. Meanwhile we've just spotted the Amex Nectar card with its 20,000 point bonus for new customers and, as we do our grocery shop at Sainsbury's near exclusively, it seems like the extra points we'd get from this card would outweigh the paltry cashback on the standard card.

Problem is, of course, the 20k bonus is only for new Amex customers, so I couldn't get it myself, but my wife is just a secondary card holder on my account. Am I right in thinking that she could apply under her own name and still count as a "new customer"? If so then we could just switch all of our spending over to that and get the other account closed…

Appreciate any thoughts!

Comments

  • flaneurs_lobster
    flaneurs_lobster Posts: 10,517 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper

    Think that's OK. Did similar where I was (still am) long standing secondary card holder on my partners Amex Platinum charge.

    I took out Amex Nectar because I had a large bill coming up which I could settle with Amex to satisfy the spend requirement for the bonus (although a year or so ago the bonus was twice your offer for twice the spend).

    £30 annual charge after first free year will take a chunk out of the 1.5% cashback equivalent of Nectar points, don't shop often enough at Sainsburys to really justify keeping it so I will probably be cancelling.

  • MaximumFish
    MaximumFish Posts: 84 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker

    That's good to know, thank you!

  • MaximumFish
    MaximumFish Posts: 84 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker

    Just to confirm for anyone else with the same question: Yes, my wife was able to sign up for a card, and she was able to add me as an additional card holder. Sorted.

  • You do need to spend £2000 in the first 3 months to get the 20000 nectar point bonus.

  • Nasqueron
    Nasqueron Posts: 11,485 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

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