On 1sts August, East Coast rail company LNER announced that it was dropping Nectar as an ‘earn’ partner. It was, however, remaining as a ‘spend’ partner.
This deal is now ending too. From 30th November, you will no longer be able to redeem Nectar points for LNER e-vouchers.
I’m not sure what the reasoning is here. There is presumably some overhead involved (I am guessing LNER does not get £10 if you buy a £10 e-voucher) but it may drive some incremental business. The company may just be looking for a clean break.
From the customer point of view, it doesn’t make any difference. LNER has run the occasional ‘double up’ offer in the past, giving you 1p instead of 0.5p per Nectar point. I usually redeemed my Nectar points during these periods as I use LNER a couple of times per year.
For the other 95% of the time, LNER is no better than any other Nectar partner in offering you 0.5p per point.
Any e-vouchers ordered now will be valid for 12 months from the conversion date.
You can find out more on the LNER site here.