In this guide

  • Our verdict
  • Details
    • Product overview
    • Fees and charges
    • Application requirements
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American Express® Nectar Credit Card review

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American Express® Nectar Credit Card
3.8
★★★★★
Finder score
Representative example:
When you spend £1,200 at a purchase rate of 31% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £30 per annum, your representative rate is 37.8% APR (variable).
Earn rate (at select partners)
3 points per £1 spent
Earn rate (elsewhere)
2 points per £1 spent
Intro bonus
Up to 20,000 points

Our verdict

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.
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Finder Awards 2024 highly commended
Customer Satisfaction Award

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.

Pros

  • Customers report excellent customer service when dealing with American Express
  • Earn points on day-to-day spending
  • Up to 20,000 points introductory bonus

Cons

  • Annual fee
  • A relatively high interest rate on purchases
  • Applicants with low credit scores are unlikely to be eligible

In this guide

  • Our verdict
  • Details
    • Product overview
    • Fees and charges
    • Application requirements

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.

Details

Product overview

Issuer American Express
Network Amex
Representative APR 37.8% APR (variable)
Annual/monthly fees Year 1 - £0, Year 2 onwards - £30 per annum
Loyalty scheme Nectar Points
Incentive New welcome offer: Earn 20,000 bonus Nectar points when you spend £2,000 in your first 3 months. Earn a minimum of 3 Nectar points for virtually every £1 spent at Nectar partners, and 2 Nectar points for virtually every £1 spent elsewhere.
Incentive on opening New welcome offer: Earn 20,000 bonus Nectar points when you spend £2,000 in your first 3 months. Earn a minimum of 3 Nectar points for virtually every £1 spent at Nectar partners, and 2 Nectar points for virtually every £1 spent elsewhere.
Additional Rewards Info Refund 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.
Purchases 31%
Purchases interest-free period (days) 56
Balance transfers 31%
Potential costs 3.0 ★★★★★
Doing its job 4.0 ★★★★★
Extras 4.7 ★★★★★
Overall Finder Score 3.8 ★★★★★

Fees and charges

Minimum monthly payment 2% or £25 (whichever is greater) or the total of any interest, default fees and charges, 1/12th of annual fee plus 2% of the outstanding balance.
Annual/monthly fees Year 1 - £0, Year 2 onwards - £30 per annum
Balance transfer fee 3%
Foreign usage charge (EU) 2.99%
Foreign usage charge (rest of world) 2.99%
Cash advance fee 3% (min. £3)
Late payment fee £12
Replacement card fee £0
Duplicate statement fee £2
Exceeding limit fee £0
Additional card fee £0
Dormancy fee £0

Application requirements

Minimum Age 18
Residency Current UK bank or building society account required.
Availability Available to new customers

How does it compare with other Amex rewards deals?

Table: sorted by representative APR, promoted deals first
1 - 5 of 11
Name Product Finder Score Finder score Rewards earn rate Max. intro bonus Annual/monthly fees Representative APR Link Incentive Representative example
American Express® Rewards Credit Card
3.9
★★★★★
★★★★★
Expert analysis
1 point per £1 spent
10,000 points
£0
31% APR (variable)
Check eligibility
Earn 1 Membership Rewards® point for every £1 spent thereafter. Earn up to 90,000 bonus points per year through refer a friend, 4,000 points awarded for every friend approved. 1 point = 0.45p (min 1,000 points) to shop, other rewards have differing conversions.
Representative example: When you spend £1,200 at a purchase rate of 31% (variable) p.a., your representative rate is 31% APR (variable).
British Airways American Express® Credit Card
4.0
★★★★★
★★★★★
Expert analysis
1 point per £1 spent
5,000 points
£0
31% APR (variable)
Check eligibility
Earn 5,000 points when you spend £1,000 within 3 months of account opening. Terms apply. UK 18+, subject to status. Earn 1 Avios for virtually every £1 spent.
Representative example: When you spend £1,200 at a purchase rate of 31% (variable) p.a., your representative rate is 31% APR (variable).
Amex® Cashback Everyday Credit Card
3.8
★★★★★
★★★★★
Expert analysis
1% cashback
£100
£0
31% APR (variable)
Check eligibility
Welcome offer: Get 5% cashback on your purchases (up to £100) for the first 3 months of Cardmembership. Terms and minimum spend apply. 18+, subject to status.
Representative example: When you spend £1,200 at a purchase rate of 31% (variable) p.a., your representative rate is 31% APR (variable).
Amex® Cashback Credit Card
3.7
★★★★★
★★★★★
Expert analysis
1.25% cashback
£125
Year 1 - £0, Year 2 onwards - £25 per annum
36.7% APR (variable)
Check eligibility
Limited time offer: Get 5%* cashback (up to £125) for the first 3 months of Cardmembership and the first year free* for new Cardmembers. Offer ends 2 July 2024. Terms apply.
Representative example: When you spend £1,200 at a purchase rate of 31% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £25 per annum, your representative rate is 36.7% APR (variable).
American Express® Nectar Credit Card
3.8
★★★★★
★★★★★
Expert analysis
3 points per £1 spent with selected partners
2 points per £1 spent elsewhere
20,000 points
Year 1 - £0, Year 2 onwards - £30 per annum
37.8% APR (variable)
Check eligibility
New welcome offer: Earn 20,000 bonus Nectar points when you spend £2,000 in your first 3 months. Earn a minimum of 3 Nectar points for virtually every £1 spent at Nectar partners, and 2 Nectar points for virtually every £1 spent elsewhere.
Representative example: When you spend £1,200 at a purchase rate of 31% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £30 per annum, your representative rate is 37.8% APR (variable).
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Approval for any credit card depends on your status. The representative APRs shown represent 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. Most of the data in Finder's comparison tables is provided by Moneyfacts.

Repayment options

You can make manual repayments through American Express's app by logging in to your online banking or over the phone (0800 917 8015). Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (£12) 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

First, you can use Finder's eligibility checker to find out if you'd be likely to get approved for the American Express® Nectar Credit Card. This won't impact your credit score. If it's good news, you can then proceed to American Express's online application, which takes 10–15 minutes to complete.

The bottom line

If Sainsbury’s is your supermarket of choice, and you’re looking to get something back on your weekly shop, the American Express Nectar credit card lets you earn additional Nectar points. You’ll also be able to earn bonus introductory points, and benefit from a generous referral scheme if you have friends or family who also sign up for the card.

Of course, there’s also an annual fee that kicks in after the first year, which means you’ll need to be using your card relatively regularly to come out ahead.

Frequently asked questions

How many Nectar points can I earn?

You can earn 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 3% (min. £3) cash advance fee. There's no annual fee for the first year, but you'll then pay £25 for each subsequent year.

Finder credit card scores

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor

Our experts score rewards credit cards to determine their value against similar products on the market. We look at a number of important factors, like welcome bonuses, introductory and ongoing earn-rates, any caps or restrictions on the points you can earn, plus the potential costs involved with running the card both in the short and longer term.

You can read more about our scoring criteria on our credit card methodology page.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
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