Nectar Megapoints available again for one week

Nectar is offering ten points for every £1 spent at selected eShops for one week only.

Nectar has brought back its Megapoints promotion for a limited period.

From 28th February until 6th March, Nectar collectors can get ten points for every £1 spent at five selected Nectar eShops including Sainsbury’s, EasyJet, Debenhams, Apple and Argos.

During the Megapoints event you will also be able to get double and triple points at other selected eShop retailers.

Triple points will be available at 18 eShops including House of Fraser, Trainline, Made.com and Bench.

Meanwhile double points will be available at 29 retailers including Homebase, PC World, Topman, Red Letter Days, Clarks and The Body Shop.

To benefit from the Megapoints promotion purchases have to be made through the Nectar eShops website.

Earn treats from your everyday spending with a reward credit card

What can you get with Nectar points?

You can exchange Nectar points for a range of rewards.

You can get money off treats, flights, day trips, restaurants, holidays and shopping through Nectar's many partners.

For example, every 500 Nectar points is worth £2.50 off a flight booking with easyJet.

Other ways to boost your Nectar points

You can, of course, also earn points by shopping in-store at shops affiliated to the Nectar scheme such as Sainsbury's and Homebase.

There are also quite a few credit cards linked to the Nectar reward scheme that can really boost your points balance.

The American Express Nectar Credit Card, for example, offers 20,000 Nectar points (equivalent to a £100 discount at most Nectar partners) when you spend £2,000 in the first three months. You’ll also earn four Nectar points for every £1 spent at Nectar-supported retailers and two Nectar points for every £1 spent elsewhere. However, the card comes with a £25 annual fee so you will need to factor this in to determine if the points you earn still make it worthwhile.

If you aren’t keen on paying a fee in order to earn rewards then there are two Sainsbury’s Bank Nectar cards you could go for.

You can choose from the Sainsbury’s Bank Nectar Low Rate which comes with a representative APR of 7.8% or the Sainsbury's Bank Nectar Credit Card which has a much higher 16.9% representative APR. These both allow you to earn four Nectar points for every £1 spent in Sainsbury’s stores when you use your Nectar rewards card, and one Nectar point for every £5 spent elsewhere.

Alternatively if you have a big purchase coming up, you could use the American Express Preferred Rewards Gold charge card.

With this card you’ll earn 20,000 American Express Membership Rewards points when you spend £2,000 within the first three months you have it. These can be exchanged on a one-for-one basis for Nectar points. So you can get 20,000 Nectar points, giving you at least £100 to spend with Nectar partners.

The card normally comes with a £125 annual fee but this is being waived for the first year. However, you should bear in mind that as this is a charge card you will HAVE to pay off the balance in full each month, which you should be aiming to do anyway with a credit card in order to avoid interest charges wiping out the value of the points you earn.

You can also earn plenty of Nectar points by signing up to an energy tariff at British Gas, purchasing items on eBay, getting medical insurance from PruHealth and buying your mobile phone from Mobile by Sainsbury’s as well as taking out certain Sainsbury’s Bank products like its personal loans.

Just make sure you shop around so you’re not paying more than you need to just to earn Nectar points!

Earn treats from your everyday spending with a reward credit card

More on shopping:

How to boost your Tesco Clubcard points

Hereforapound.com: the first online pound shop

Amazon Prime to include TV and film streaming service

Tesco, Waitrose and Asda to offer Click and Collect services on the London Underground

Comments


Be the first to comment

Do you want to comment on this article? You need to be signed in for this feature

Copyright © lovemoney.com All rights reserved.

 

loveMONEY.com Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FCA) with Firm Reference Number (FRN): 479153.

loveMONEY.com is a company registered in England & Wales (Company Number: 7406028) with its registered address at First Floor Ridgeland House, 15 Carfax, Horsham, West Sussex, RH12 1DY, United Kingdom. loveMONEY.com Limited operates under the trading name of loveMONEY.com Financial Services Limited. We operate as a credit broker for consumer credit and do not lend directly. Our company maintains relationships with various affiliates and lenders, which we may promote within our editorial content in emails and on featured partner pages through affiliate links. Please note, that we may receive commission payments from some of the product and service providers featured on our website. In line with Consumer Duty regulations, we assess our partners to ensure they offer fair value, are transparent, and cater to the needs of all customers, including vulnerable groups. We continuously review our practices to ensure compliance with these standards. While we make every effort to ensure the accuracy and currency of our editorial content, users should independently verify information with their chosen product or service provider. This can be done by reviewing the product landing page information and the terms and conditions associated with the product. If you are uncertain whether a product is suitable, we strongly recommend seeking advice from a regulated independent financial advisor before applying for the products.