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Nectar Credit Card by American Express: Earn Nectar Points on all Spend

The Nectar Credit Card by American Express is, as the name implies, a rewards card that pays cardholders Nectar points when they spend. The card delivers 1% estimated rewards rate on all categories of spending (except that warehouse spending earns 0.5%). There is also a 20,000 Nectar point welcome bonus, which we value at around £100.

Nectar Credit Card Features

  • Earn 2 Nectar points for almost every £1 spent (£1 minimum). These points are in addition to Nectar points you earn through the Nectar loyalty program when shopping at Nectar partners
  • Earn 1 Nectar point for every £1 spent at warehouse retailers
  • Welcome offer of 20,000 Nectar points when you spend £2,000 in the first three months
  • Access to Global Assist for help when you travel abroad
  • Purchase Protection will repair or replace any damaged or stolen items within 90 days of purchase
  • 28.2% Representative APR (22.9% purchase APR)
  • £25 annual fee (£0 first year)


  • Welcome bonus of 20,000 Nectar points
  • 1% rewards rate on most purchases


  • £25 annual fee (waived first year)

Nectar Credit Card by American Express Review

The Nectar Credit Card delivers a rewards rate around 1% across all categories of spending, except that warehouse spending earns a lower 0.5% in rewards. Rewards are earned in the form of Nectar points when you make purchases with the card. Technically, you'll earn 2 Nectar points for every £1 spent—these are in addition to the Nectar points you earn on purchases at Nectar partners as part of the Nectar loyalty program. As Nectar points are worth approximately 0.5 pence each, the rewards rate is an extra 1% (2 points/£1 * £0.005/point = 1%) of your card purchases.

The Nectar card carries a £25 annual fee, which is waived the first year. The Welcome Bonus of 20,000 Nectar points is valued at £100. In ongoing years, you need to spend £2,500 a year just to make up for the annual fee. The following table shows card rewards rates and annual fees two Nectar-earning credit cards: the Nectar Credit Card and the Sainsbury's Purchase Card.

Grocery Reward RateGeneral Spending Reward RateAnnual Fee
Nectar Credit Card1%1%£25 (waived year 1)
Sainsbury's Purchase Card1%0.1%£0

As the interest rate is higher than average, cardholders should be sure to pay off their balance in full every month. The interest charges on any carried-over balance would more than offset any earned rewards on spending.

Potential Value of Nectar Rewards

What is the potential value of the rewards you can earn using the Nectar Credit Card? It depends on how much you spend and how you redeem your Nectar points. We estimate the value of Nectar points to be 0.5 pence each. Given that, the following chart shows the estimated value of rewards by level of general spending, for both year 1 (including a waived annual fee and the 20,000 point welcome bonus) and beyond.

chart showing nectar credit card rewards by level of annual spending
What is the Estimated Value to You of the Nectar Card? Depends on Spending

Bottom Line: The Nectar Credit Card by American Express delivers an expected 1% rewards rate on all spending where Amex is accepted, except warehouse retailers. The Nectar card is the most valuable during the first year: the £25 annual fee is waived year 1 and you can earn a 20,000 Nectar point welcome bonus. This card is an Amex, so may not be accepted everywhere.

Other Nectar Card Features

Global Assist

The Nectar Credit Card gives cardholders access to American Express’s Global Assist program. If all goes well, you will never need it! But in case of trouble while abroad, Global Assist provides access to an English-speaking doctor or lawyer, 24 hours a day. They can also put you in touch with an embassy or consulate, if necessary; or provide local medical assistance by arranging hospitalization, finding a specialist, or delivering hard-to-find supplies (e.g., contact lenses or prescriptions).

Purchase Protection

Purchase Protection is another feature of the Nectar Purchase card that you will hopefully never need. If anything you buy on your card is damaged or stolen within 90 days of purchase, American Express will repair it, replace it, or refund you (up to £2,500 per item). This affords a level of protection especially to larger purchases.

American Express Invites

American Express Invites gives you access to presale tickets and reserved tickets to events such as the National Theatre or Justin Bieber, before they go on general sale.

How do Nectar Points Work?

Nectar Points can be earned by shopping at around 50 participating retailers, such as Sainsbury’s, Pizza Express, BP, British Gas, Argos and others. For a complete list see the Nectar website. Nectar points can also be earned by using the Nectar Credit Card or perhaps the Sainsbury’s purchase cards. Nectar points are usually worth £0.05, but you may find even more value through Double Up vouchers or other offers from Nectar.

Nectar points are earned on the Nectar Credit Card at a rate of 2 Nectar points/£1 spent (or 1 Nectar point/£1 at warehouse stores). Doing the math, given a Nectar point's £0.05 value, you earn 1% on general spending and 0.5% at warehouse retailers.

Nectar points can be redeemed:

  • in store by swiping your Nectar card at the till, with retailers such as Sainsbury’s, Argos and BP
  • online with evouchers via the Nectar online store, with retailers such as Eurostar, PizzaExpress and Hertz (for a more complete list, see Nectar’s official list).

Also, be aware that Nectar points do not expire, but if you don’t earn or redeem any Nectar points in a rolling 12 month period, then your Nectar account may be closed and all Nectar points lost.

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