Shoppers could now earn hundreds of bonus points on their Nectar card thanks to the launch of a new rewards scheme.
The scheme has been quietly launched in a new trial, and permits some lucky members extra points when they spend on their bank card at various outlets.
Nectar’s ‘Shopper Rewards’
The new loyalty scheme has yet to be formally announced, but a small number of Nectar members have been informed of the trial via email, MoneySavingExpert reports.
The scheme allows shoppers to earn up to 50 points for every pound spent at certain stores or websites, such as Nando’s, Costa Coffee and Airbnb. These points then add up to a ‘cash’ value which can then be used to make purchases.
While Nectar said the trial is only available for a small number of members, it confirmed that those who did not receive an email invitation to join the scheme can still sign up. However, the trial is capped at 1,000 members in total.
Shoppers can earn up to 50 points for every pound spent at certain stores or websites (Photo: Shutterstock)
How does the scheme work?
Nectar is yet to release full details of how the scheme will work - and when it may be rolled out nationally - but their introductory email did include some information on what customers can expect.
Shoppers will need to sign up for ‘Shoppers Rewards’ via the Nectar website (or by email if you received an invitation) and you need to already be a Nectar member to take part. You then have to link one or more credit or debit cards to your Nectar account, after which your data will be used to work out relevant offers to give you.
The Nectar website states that connecting your account will allow the company access to 36 months’ worth of your historical transaction data, which is done “via the open banking regulations”.
Once registered, you can then pick offers by logging into your account and earn points from them.
A full list of participating retailers has not yet been confirmed, but Nando’s, Just Eat, Costa Coffee, Dunelm, Airbnb, Oliver Bonas and Robert Dyas have already been linked to the scheme.
To earn bonus points, you simply need to spend on your bank card as normal and don’t need to show your Nectar card.
You can track how many points you’ve earned on the Nectar website, and see how much they are worth. Some of the offers included 50 points per £1 spent at Costa Coffee, and 20 points per £1 spent at Nando’s or on Just Eat.