Argos and Habitat appear to have raised the number of Nectar points you can spend in one transaction. The limit has shot up from 40,000 Nectar points (£200 of value) to 100,000 Nectar points (£500 of value).
For HfP readers with large Avios balances, this is very attractive.
You can now convert 62,500 Avios into 100,000 Nectar points and spend them on a £500+ item at Argos or Habitat.
EDIT: this change now appears to have been reversed. The Nectar website is showing a maximum conversion of 40,000 points, worth £200.
This is potentially a good way to, for example, pick up a new iPhone 12 mini – see here at argos.co.uk for £699.
Remember that the maximum monthly transfer of Avios to Nectar points is 50,000 Avios. If you do want to make a major purchase at Argos you will need to move 50,000 Avios now and the rest on 1st April.
Avios to Nectar transfers are currently only possible by telephone whilst ‘two factor authentication’ is added to the website.
Argos will be better value for some people than Sainsbury’s
Whilst a Nectar point is worth the same 0.5p at Sainsbury’s, Argos or Habitat – or indeed eBay, Eurostar or various other partners – some readers felt that you weren’t getting ‘true’ value at Sainsbury’s.
True or false, some people see Sainsbury’s as overpriced or poor value for money compared to Waitrose at the higher end or Aldi / Lidl at the lower end.
You can’t say that about Argos. On products like iPhones, you will pay the same as you will anywhere else – although some American Express cards currently have a £50 cashback deal on a £500 Apple Store spend.
Can I use Nectar points for online shopping at Argos?
You need to go to this page of the Argos website and link your Nectar card to your Argos account.
You will then be offered the opportunity to pay with Nectar points during checkout. You can top up your purchase with a credit card as usual, although you cannot pay the balance with an Argos gift card.
As we found out recently when buying a new monitor for my wife’s home office, Argos has a very efficient ‘click and collect’ service. Most items are available for next day collection from your local Sainsbury’s store, including Sainsbury’s Local.
Can I use Nectar points for in-store shopping at Argos?
Yes. I believe that Argos counters inside Sainsbury’s supermarkets are still open, although stand-alone shops are closed.
You can swipe your Nectar card, or scan your Nectar app, at the till and pay any remaining balance separately.
The Argos website has not yet been updated
This page of the Argos website explains how the Nectar deal works. It is also where you need to go to link your accounts.
It still says that the maximum Nectar spend is 40,000 points (£200) per transaction. However, if you look on the Nectar website here it says, in multiple places, that the cap is now 100,000 points (£500) per transaction.
I wonder if this change was deliberately made by Sainsbury’s, which owns Argos and Habitat, to extract more money from Avios …..?
The Argos home page is here if you want to have a look around.
How to earn Avios from UK credit cards (April 2021)
As a reminder, there are various ways of earning Avios from UK credit cards. Many cards also have generous sign-up bonuses.
There are two official British Airways American Express cards:
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points, such as:
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.
If you have a small business, we especially recommend Capital On Cap’s Visa card which comes with a generous bonus worth 10,500 Avios:
(Want to earn more Avios? Click here to visit our home page for our latest articles on earning and spending your Avios points and click here to see how to earn more Avios this month from offers and promotions.)