Get a 20% bonus when you transfer Nectar points to Avios – worth it?
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Avios has launched a conversion bonus for anyone sitting on a pile of Nectar points.
This seems slightly cheeky, given that it is only two weeks since the conversion rate in the other direction – from Avios to Nectar – was devalued with no notice (click to read more). The new rate is 400 Avios to 400 Nectar points.
Let’s take a look at the deal. Full details are on ba.com here.
The standard conversion rate of Nectar points to Avios is 400 : 250.
As a Nectar point is worth 0.5p when spent at Sainsburys, Argos, eBay etc, you are giving up £2 of free shopping in return for 250 Avios. In other words, you are buying Avios for 0.8p. This is a decent deal.
Until 7th April, you will receive a 20% bonus on every transfer INTO Avios.
(For clarity, there is no bonus in the opposite direction. The rate from Avios into Nectar remains at the devalued 400:400.)
This looks pretty attractive. For every 400 Nectar points you convert, you will now receive 300 Avios.
Put another way, you are giving up £2 of free shopping to earn 300 Avios, so you are ‘paying’ 0.66p per Avios. It’s an excellent return.
If you happen to be sitting on a pile of Nectar points with no real plan for them, you should seriously think about this deal.
What is the small print?
There doesn’t seem to be much, which is good.
The offer runs to 7th April.
Transfers must be in multiples of 400 Nectar points.
You can make multiple transfers in that period and get the 20% bonus on all of them.
You do NOT receive the bonus immediately. It will post within 28 days of the offer ending on 7th April.
It seems that anyone who auto-converts their Nectar points into Avios will receive the bonus automatically.
As per the comments below, the bonus is not posting instantly. We don’t know when it will be added.
The usual caps apply – you can transfer a maximum of 80,000 Nectar points into Avios per calendar month. This means that you could earn the bonus on a maximum of 160,000 Nectar points, as you could transfer 80,000 into Avios in March and a further 80,000 in early April.
You can see full details on ba.com here.
How to earn Avios from UK credit cards (April 2024)
As a reminder, there are various ways of earning Avios points from UK credit cards. Many cards also have generous sign-up bonuses!
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.
You qualify for the bonus on these cards even if you have a British Airways American Express card:
Barclaycard Avios Plus Mastercard
Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review
Barclaycard Avios Mastercard
5,000 Avios for signing up and an upgrade voucher at £20,000 Read our full review
There are two official British Airways American Express cards with attractive sign-up bonuses:
British Airways American Express Premium Plus
25,000 Avios and the famous annual 2-4-1 voucher Read our full review
British Airways American Express
5,000 Avios for signing up and an Economy 2-4-1 voucher for spending £15,000 Read our full review
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points. These points convert at 1:1 into Avios.
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & four airport lounge passes Read our full review
The Platinum Card from American Express
40,000 bonus points and a huge range of valuable benefits – for a fee Read our full review
Run your own business?
We recommend Capital on Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,500 Avios.
SPECIAL OFFER: Until 12th May 2024, the Capital on Tap Business Rewards Visa card is offering a bonus of 30,000 points, convertible into 30,000 Avios. You must have a Limited Company to apply. Click here to learn more and click here to apply.
Capital on Tap Business Rewards Visa
Huge 30,000 points bonus until 12th May 2024 Read our full review
You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus.
British Airways Accelerating Business American Express
30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
There are also generous bonuses on the two American Express Business cards, with the points converting at 1:1 into Avios. These cards are open to sole traders as well as limited companies.
American Express Business Platinum
40,000 points sign-up bonus and an annual £200 Amex Travel credit Read our full review
American Express Business Gold
20,000 points sign-up bonus and FREE for a year Read our full review
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.
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