CashNews.co
Shoppers across the UK can unlock cashback rewards upwards if they hold a Sainsbury’s Nectar Card. By applying for the American Express Nectar Credit Card, eligible cardholders can earn upwards of £225 in cashback.
With millions of Nectar users already enjoying discounts and rewards, this offer provides an easy way to boost savings even further.
New applicants for the American Express Nectar Card can earn 20,000 Nectar points by spending £2,000 within the first three months.
The reward for spending £1,000 a month over a year with the card would be 44,000 points – or £225, including the introductory bonus.
Cardholders also get a minimum of three points for using both their credit card and Nectar card at a Nectar partner, and two points for every £1 spent elsewhere.
Customers can then nab another 5,000 points for recommending a friend – assuming they get approved – and 3,000 bonus points for adding a cardholder. Every 1,000 Nectar points is worth £5.
On average, Nectar said people with one of these cards get 17 times more points compared to a regular Nectar collector.
The American Express Nectar Card comes with an annual fee of £30, however, the first year’s membership is free.
People must be aged 18 or over, be a Nectar member and have a Nectar membership number to apply.
They must also have a current UK bank or building society account, a permanent UK home address, and have no history of bad debt.
The Sainsbury’s Nectar card is a loyalty programme that lets customers earn points and redeem rewards when shopping at Sainsbury’s and participating companies, including Argos and British Airways.