All About Nectar Points
Nectar is one of the most successful loyalty schemes in the UK - Nectar claims it has more card holders than Tesco's Clubcard - and can be used to earn points by making purchases at a variety of online and high street outlets, including Sainsbury's, eBay, Argos, Vodafone and many more.
If you're organised you can boost your spending power by adding free points to your total. Below are 6 ways to save money by earning free Nectar points, including two ways to earn £1 in under a minute.
How Much are Nectar Points Worth?
500 Nectar points equates to £2.50 to spend, but it's important to note that that not every Nectar point is worth 0.5 pence. You can only begin spending once your points total hits 500.
Not all points are equal, for limited times Nectar doubles the value of your points and certain retailers offer incentives to increase the value of your points to encourage you to spend.
The thing to remember with Nectar is that points don't equal pence. You need to hit certain milestones to increase the value on your card. As we know, 500 points gets you £2.50 but if you're between 500 and 1,000 points, you still only have £2.50 to spend, even if your balance says your points are worth £3.12 - it's just a guide (and cynics might say it's done to encourage you up to the next milestone).
But some transactions potentially earn you a thousand points a time, so it's easy to see how they can add up.
Use the Nectar Toolbar
The Nectar toolbar not only adds free points on to your account each time you use it, it also helps you find the best places to collect and spend your Nectar points. We've got a detailed step-by-step guide on how to download and use the Nectar Toolbar if you need it, but it couldn't be easier.
How Many Nectar Points? Every two searches earns you 1 Nectar point, so 10 searches earns you 5 extra pence.
Sign up for Nectar Daily Deals
This is a one off opportunity and you won't be able to game the system by signing up with multiple email accounts, as you can only use one Nectar card number once (although there's nothing to stop you encouraging friends and family to sign up).
Go to the Nectar Daily Deals sign up page, enter all details as required and remembering to double-check your Nectar card number as you do so.
How Many Nectar Points? This little money saving tip earns you 100 Nectar points, which equates to 50 pence.
Register for Nectar Canvas and Win 10,000 Free Nectar Points
Nectar Canvas is Nectar's own market research programme. Everyone's got an opinion and Nectar will give you points to spend for yours. By signing up you're entered into a prize draw to win 10,000 Nectar Points (current offer ends on April 2nd 2013). However, that's not a guaranteed points haul.
How Many Nectar Points? If you win, you'll get 10,000 to spend. That's a whopping £50. For every survey you complete, you earn 120 points to spend, which equates to 60 pence. However, that's not the end of the story. Each time you complete a survey, you're entered into a quarterly prize draw for £500.
Lose Weight, Gain Nectar Points
Simply visiting the Sainsbury's Diets website will earn you 100 points. Once you're there, you can check out the recipes and money saving tips on offer. It's another one-off opportunity, but worth doing as it takes it about ten seconds.
How Many Nectar Points?100 points earns you 50 extra pence to spend.
Open a Sainsbury's Bank Account and Collect Double Points for 2 Years
This is a handy trick, especially if you're in the market for a new bank account. Sign up for one (or more) of Sainsbury's selected finance products and every Nectar point your earn from then on is doubled (or more).
How Many Nectar Points? Based on opening just one account with Sainbury's and a weekly Sainsbury's shop of £60, you will earn 24,960 Nectar points over two years, that's a whopping £122.50.
Earn Free Points with Nectar Adpoints
You can earn free Nectar points through the Adpoints scheme, just for watching some adverts. But there's a bit of a catch - there's a limit to what you can earn. This doesn't mean it isn't worth doing. You just need to be organised. The Adpoints method is similar to Samba Mobile, where you earn broadband data by viewing ads. This is an unpredictable method, as the amount of free points you can earn depends on the amount of adverts you watch and then answer questions about.
How Many Nectar Points? The most you can earn per week is 250 points, so assuming you're starting with a zero point balance, you'll need to be doing this for two weeks before you have your first redeemable £2.50.
Nectar Loyalty Card Partners
One of the beauties of the Nectar card is that you can spend it in a wide variety of places. As of February 2013, here is a list of the participating brands.