Maximise your Avios, air miles and hotel points

Get up to £400 for taking out the American Express Nectar credit card

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We have never covered Nectar points much.  The little coverage we did give it has now migrated over to Shopper Points since we launched that site last December.

Head for Points mainly focusses on credit cards which offer airline miles or hotel loyalty points for your spending.  However, easyJet and Expedia are partners with Nectar.

Nectar has launched an exceptional sign-up bonus

Full details of the American Express Nectar credit card can be found on the website here.  As you can see, the standard sign-up bonus is 20,000 Nectar points.

However, starting from 1st October, you will receive 40,000 Nectar points if you apply via the link on the Nectar website or in the Nectar app.

This is an exceedingly generous deal as I will discuss in a minute.  NOT EVERYONE WILL HAVE THE OFFER although it seems very widespread.

Before we go on, I need to tell you that the Nectar credit card has a representative APR of 25.0%, including the £25 fee (which is waived in year one if you do not have any other Amex cards), based on a notional credit limit of £1,200.

What can I get for 40,000 Nectar points?

In 90% of cases, a Nectar point is worth 0.5p.

You will 0.5p if you swipe your Nectar card in Sainsbury’s to pay for your shopping, or use the points to pay for Expedia flights or hotels, or book an easyJet flight.  In the worse case scenario, your points are worth £200.

If you are prepared to sit on your points for a while, you could do better.

Over the last year Nectar has been offering special deals on redemptions.  Here are some we have covered on Shopper Points:

Nectar Summer Rewards – 2 Pizza Express pizzas or 2 Vue cinema tickets for 1000 points (2p per point)

eBay redemption special – 1p per point when you convert your points into eBay credit 

Homebase redemption special – 1p per point when redeeming at Homebase 

Sainsbury’s Double Up – 1p per point in certain product categories at Sainsbury’s

Caffe Nero deal – 50 points for a £2+ coffee (4p+ per point)

Let’s imagine that you hold on to your points until a ‘1p per point’ deal comes along.  Your sign-up bonus would be worth £400.

You need to spend £2,000 within three months to receive the 40,000 points.  You cannot apply if you have held the Nectar credit card in the last six months.

If you have a BA, SPG, Platinum, Gold etc American Express card then you will definitely receive the bonus.

Note that you receive the bonus in two parts.  American Express will award the standard 20,000 points via your statement whilst Nectar will add an additional 20,000 points directly to your Nectar account.

What is the annual fee?

The Amex website says that your first year is free and thereafter you pay £25.

The small print, however, says that anyone who holds ANY Amex-issued American Express card, or who has done so in the last six month, does not qualify for the fee waiver.

This means that almost all Head for Points readers will need to pay the £25 fee.  It will be refunded pro-rata if you later cancel the card.

What is the on-going earning?

You earn 2 Nectar points per £1 of general spend.  This is effectively 1% cashback at the very least.  This is not a bad deal, especially if you hold on to your points for a deal worth more than 0.5p per point.

Conclusion

This is a very generous deal and well worth a look.  The £25 annual fee should not put you off.

You can learn more about the card here – I recommend taking a look today if you are interested but do NOT apply!

Remember these two key things:

you MUST apply via the Nectar app or after logging in to the Nectar website via the special promotional page

you must apply in OCTOBER so don’t risk it by applying today, wait until Saturday!


Want to earn more points from credit cards? – September 2021 update

If you are looking to apply for a new credit or charge card, here are our September 2021 recommendations based on the current sign-up bonus

You can see our full directory of all UK cards which earn airline or hotel points here.

The following offers will end soon:

  • 2,000 Virgin Points on Virgin Atlantic Reward Mastercard (ends 15th October)
  • 30,000 Virgin Points on Virgin Atlantic Reward+ Mastercard (ends 15th October)
  • 10,000 Avios on British Airways American Express (ends 2nd November)
  • 40,000 Avios on British Airways American Express Premium Plus (ends 2nd November)
  • 60,000 points on The Platinum Card from American Express (ends 2nd November)
  • 30,000 points on American Express Preferred Rewards Gold (ends 9th November)

Here are the top current deals:

British Airways BA Amex American Express card

British Airways American Express

10,000 Avios for signing up, no annual fee and an Economy 241 voucher for spending ….. Read our full review

British Airways BA Premium Plus American Express Amex credit card

British Airways American Express Premium Plus

40,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review

Nectar American Express

American Express Preferred Rewards Gold

Your best beginner’s card – 30,000 points, FREE for a year & two airport lounge passes Read our full review

American Express Platinum card Amex

The Platinum Card from American Express

60,000 points and an unbeatable set of travel benefits – for a fee Read our full review

Virgin Rewards credit card

Virgin Atlantic Reward Mastercard

The UK’s most generous free Visa or Mastercard at 0.75 points / £1 Read our full review

Virgin Rewards Plus credit card

Virgin Atlantic Reward+ Mastercard

30,000 points bonus and the most generous non-Amex for day to day spending Read our full review

Earning miles and points from small business cards

If you are a sole trader or run a small company, you may also want to check out these offers.

American Express Business Gold

20,000 points sign-up bonus and free for a year Read our full review

Amex Platinum Business American Express

American Express Business Platinum

40,000 points sign-up bonus and a long list of travel benefits Read our full review

British Airways Accelerating Business American Express card

British Airways Accelerating Business American Express

60,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

Capital On Tap Business Rewards Visa

The most generous Avios Visa or Mastercard for a limited company Read our full review

For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending:

Barclaycard Select Cashback Credit Card

1% cashback and no annual fee Read our full review

Comments (82)

  • Roger* says:

    I did a search in the Nectar website and found https://www.nectar.com/collecting-points/sponsors/nectar-credit-card

    Just 20,000 bonus points on offer for me.

    • killinghall says:

      I don’t see it either in the app or the website, we’re big double up fans so this was attractive but hey-ho

  • mayank kedia says:

    I have an Amex platinum and BA card – don’t think I can benefit by a mate referring me for this and both of us getting additional referral points on top of the existing nectar offers?

    • Rob says:

      No, for 2 reasons:

      * only a Nectar card can refer a Nectar card
      * you need to apply via the link in the Nectar app or website showing the 40k offer

  • Renaud says:

    I’m near the end of my 6 months cool-off period for a new BAPP or Amex Gold.
    Would taking this Nectar card prevent me from getting the bonus on any other Amex cards ?

  • Andrew says:

    Have trawled through every page and search of the Nectar page whilst logged in and can see no mention anywhere of the Nectar Amex card.
    Can anyone shed any light on where I should be looking.
    I can see and access the link via the Amex site, but the report said not to use this for an application.
    Any thoughts anyone?
    Thanks

    • Rob says:

      When you log in the home page shows you some offers. If younare targetted, it is among them.

  • Rich says:

    1.I have the offer in Nectar app & website. Click through to Amex website and it only shows 20k. (Nectar site says that 20k will come from Amex and 20k from Nectar, so perhaps I shouldn’t be surprised.) Is this what everyone else is seeing?

    2. Any problem to log in to Amex website once I’ve been sent there?

    • Rich says:

      To reply to my own questions:

      1. Fine, confirmed by Nectar CS.
      2. Worked fine.

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