The American Express Nectar Credit Card review 2020

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If you want credit card with a flexible and easy rewards system, a Nectar credit card could be a useful one to have in your wallet.

With a Nectar credit card, you can earn points while you spend (in addition to those that you’d usually earn when you swipe your regular Nectar card at Sainsbury’s and other selected stores), safe in the knowledge that you’ll have no trouble redeeming your points at a range of high street and online stores.

You say: ★★★★★We say: ★★★★★

Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £25 per annum, your representative rate is 27.3% APR (variable).

27.3%

Representative APR

Up to 20,000 points

Intro bonus

Earn 2 points

per £1 spent

Up to 56 days

Interest-free each billing period

Details

IssuerAmerican Express
NetworkAmex
Rep. APR27.3% (variable)
Annual/monthly feesYear 1 - £0, Year 2 onwards - £25 per annum
Loyalty schemeNectar Points
IncentiveAs a new Cardmember, earn 20,000 bonus Nectar points when you spend £2,000 in your first 6 months of Cardmembership.
Additional Rewards InfoRefund Protection - provides refunds to cardmembers in the event of any retailer, online or offline, refusing to refund the value of any goods taken back within 90 days of them being purchased, maximum £200. Global Assist - 24/7 help available when travelling outside the UK. Access to tickets for must-see music, theatre and film events, often before they go on sale to the general public with American Express Experiences. Eligible for American Express Offers where cardmembers can choose offers from selected retailers to obtain discounts or cashback.
Purchases22.2%
Purchases interest-free period (days)56

Expert review

Chris Lilly

Review by


Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.

Expert review

With the Amex Nectar Card you’ll earn Nectar points whenever you use it, and subject to a minimum spend requirement (see details above) you’ll also earn a very appealing welcome points bonus.

There are a couple of other great ways this card can help you boost your Nectar earnings too. For each friend you refer you’ll earn a cool 5,000 points, up to a maximum of 90,000 points per year. You could also opt to take Amex up on the offer of an additional card, perhaps for a partner, so that you’ll earn points on all their spending too. If you do this, bear in mind that in the UK credit card accounts can only ever be in one person’s name, so you’ll be solely responsibly for all spending on the card.

As with all reward point credit cards, if you carry a balance from month to month, what you’ll pay in interest will almost certainly outweigh what you’ll earn in rewards. Clear your balance in full each month, however, and you’ll take advantage of the card’s interest-free grace period on purchases – meaning it doesn’t have to cost you a penny.

How does this card compare with others in the Amex range?

Table: sorted by representative APR, promoted deals first
Data indicated here is updated daily
Name Product Rewards earn rate Max. intro bonus Annual/monthly fees Rep. APR Ratings Link Incentive Representative example
American Express Rewards Credit Card
1 point per £1 spent
5,000 points
£0
22.2% (variable)
We say
★★★★★
You say
★★★★★
As a new Cardmember, earn 5,000 Membership Rewards® points when you spend £2,000 in your first 6 months of Cardmembership.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a., your representative rate is 22.2% APR (variable).
British Airways American Express Card
1 point per £1 spent
5,000 points
£0
22.2% (variable)
We say
★★★★★
You say
★★★★★
New Cardmember offer: Earn 5,000 bonus Avios when you spend £1,000 in your first 6 months of Cardmembership.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a., your representative rate is 22.2% APR (variable).
American Express Platinum Cashback Everyday Card
1% cashback
£100
£0
22.2% (variable)
We say
★★★★★
You say
★★★★★
New Cardmember offer: Get 5% cashback on your purchases (up to £100) for the first 6 months of Cardmembership.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a., your representative rate is 22.2% APR (variable).
The American Express Nectar Credit Card
2 points per £1 spent
20,000 points
Year 1 - £0, Year 2 onwards - £25 per annum
27.3% (variable)
We say
★★★★★
You say
★★★★★
As a new Cardmember, earn 20,000 bonus Nectar points when you spend £2,000 in your first 6 months of Cardmembership.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £25 per annum, your representative rate is 27.3% APR (variable).
American Express Platinum Cashback Card
1.25% cashback
£125
£25 per annum
27.3% (variable)
We say
★★★★★
You say
★★★★★
As a new Cardmember, get 5% cashback on your purchases (up to £125) for the first six months of Cardmembership.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a. with a fee of £25 per annum, your representative rate is 27.3% APR (variable).
Vitality American Express Credit Card
Vitality American Express Credit Card
1% cashback
N/A
£0
35.9% (variable)
We say
★★★★★
You say
★★★★★
0.5% on £1 to £5000 of yearly spend. 1% after £5001 of yearly spend. Cashback paid Anniversary into Card Account. Must spend £3K annually to earn cashback. Earn between 0-2% additional cashback on first £1K spend each month. Cashback booster rate is based on number of eligible Vitality products held and monthly activity points earned two months prior.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a., your representative rate is 35.9% APR (variable).
The Marriott Bonvoy American Express Card
6 points per £1 spent with selected partners
2 points per £1 spent elsewhere
20,000 points
£75 per annum
38.8% (variable)
We say
★★★★★
You say
★★★★★
As a new Cardmember earn 20,000 points bonus when you spend £3,000 in the first 6 months of Cardmembership.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a. with a fee of £75 per annum, your representative rate is 38.8% APR (variable).
American Express Preferred Rewards Gold Credit Card
2 points per £1 spent with selected partners
1 point per £1 spent elsewhere
10,000 points
Year 1 - £0, Year 2 onwards - £140 per annum
56.6% (variable)
We say
★★★★★
You say
★★★★★
New Cardmember offer: Earn 10,000 Membership Rewards® points when you spend £3,000 in your first six months of Cardmembership.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a. with an annual fee of £140 (£0 in first year), your representative APR is 56.6% APR (variable).
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Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.

Repayment options

When it comes to repayments, you can make manual repayments online or over the phone (0800 917 8015), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount Fixed amount Fixed percentage Full amount

How to apply for the The American Express Nectar Credit Card

It’s fast and straightforward to apply through the Amex site with its secure application form, which takes about 15 minutes to complete.

We’ve found that Amex’s customer service (0800 917 8015) is actually significantly better than most card issuers’. What’s more, the brand is really pushing to increase its customer base in the UK right now. But if this is your first experience with Amex, it’s worth appreciating that it does do some things a little differently, and if you’re having any difficulties then calling in for assistance will usually solve the problem.

Frequently asked questions

How many Nectar points can I earn?
You can earn 20,000 bonus Nectar points if you spend more than £2,000 in the first three months, and can then get two points for every full £1 you spend using your card. You can also get up to 90,000 bonus points per year by referring friends to American Express, provided they are approved.
Where can I use my Nectar points?
You can spend your Nectar points at a range of locations including Sainsbury’s, Argos, Caffe Nero, Vue Cinemas, as well as eBay and even Eurostar. Find out what other credit cards offer Nectar point rewards here.
What will my credit limit be?
The minimum credit limit is £700, but your specific credit limit will depend on factors like your credit rating and financial situation.
How much does it cost?
This depends on whether you manage to pay off your balance each month. If not, you’ll pay a variable rate of on purchases, as well as a cash advance fee. There’s no annual fee for the first year, but you’ll then pay £25 for each subsequent year.

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