Benefits To Consumers
Points are normally collected at a rate of two points for every £1 spent. Extra points may be earned when buying certain products or during particular promotions. The number of points on offer can vary, fuel for instance, collects points at a rate of one point per litre.
Customers also receive 1 Nectar point for every carrier bag they re-use.
Sainsbury's shoppers effectively receive under 1% discount on goods purchased there. After spending £250 (with each receipt rounded down to the nearest pound), 500 points are earned, which translates to a rebate of £2.50 to be redeemed at the next shop. The same applies at Homebase. Nectar cardholders also collect points from selected online retailers, if the purchase is made via the Nectar website.
As a rule of thumb, collectors usually get back 0.5p for every point collected. One must collect at least 500 points to be eligible for any offers.
Read more about this topic: Nectar Loyalty Card
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