I know this is a slightly off-beat article but it is Saturday after all!
If you have a Nectar card, you may be interested to know that they have launched a new partnership with Caffe Nero.
For 350 Nectar points, you can now get a free large coffee at a Caffe Nero in the UK.
This is actually a pretty good deal for a Nectar redemption. Your points are normally worth a flat 0.5p. With large drinks costing up to £2.75, give or take, you could be getting 0.78p. The smaller the coffee you normally buy, the poorer the deal!
Unfortunately the implementation of the deal is flawed. You can’t swipe your Nectar card or scan a Passbook app on your phone. You need to go to the Nectar website and manually order electronic codes. You can only order 1 code per transaction! You need to take a print out or screen shot of the code along to Caffe Nero – I don’t want to imagine how long it will take for the cashier to process each one.
The reason I mention this deal on HFP is that Nectar is a little-known American Express Membership Rewards partner. You can convert your points to Nectar at a 1:1 ratio. 0.78p is not bad value for a Membership Rewards point if you are a heavy drinker of large coffees!
There is NO minimum Amex transfer to Nectar. This is a handy tip if you are closing an Amex charge card and have transferred almost all your points to Avios in chunks of 1,000 but have a few hundred left over.
What about Starbucks?
You can also use Membership Rewards points for Starbucks gift cards. You only receive 0.5p per point this way so the headline value is lower.
On the other hand, you can add the gift cards to the Starbucks app on your phone. This makes your in-store experience easier than using cash, unlike using a Nectar e-code at Caffe Nero. Starbucks also give you a free drink for every 15 you buy via the app or a registered gift card.
(If you really want to get one over on Starbucks, remember that the free drink you get for buying 15 drinks can be anything – the biggest, gloopiest, fattiest thing on the menu if you so desire. Not that I would recommend that.)
Redeeming Amex points for Starbucks gift cards would mark you out as a Head for Points beginner, though. The experienced reader would be heading to Tesco, buying £50-worth of Starbucks gift cards in order to receive 150 bonus Clubcard points (360 Avios) and using the Amex points for a deal which gets far better value than 0.5p per point!