Nectar linkup

[bfreeman1000]

Any updates on the rumoured Nectar Bonvoy linkup?

[Rob]

It’s definitely still happening, because we’ve chatted to them about it, but they are being very tight lipped on the terms and exact dates.

I am hoping for 1:1 into Bonvoy which would make sense (given our 0.5p valuation of a Bonvoy point, albeit with upside on a good day). Can Bonvoy justify 1:1 in the other direction though, given they are paying Nectar hard cash?

What’s interesting, of course, is that all Avios credit cards / partnerships etc now become Bonvoy partnerships by default. At 1:1, for example, the free Barclaycard suddenly becomes a free Bonvoy Mastercard earning 1 point per £1, if you’re happy to convert BA to Nectar to Bonvoy and if the rate is 1:1.

[tillyedwards1]

Hi Rob anymore info on this merger