Nectar points are a type of loyalty points earned through the Nectar card scheme in the United Kingdom). The scheme is run by Nectar 360 Ltd, a company wholly owned by Sainsburys, and is the largest in the UK). The points can be earned by shopping at partner companies, including Sainsburys, Esso, eBay, and others). Points can also be collected for purchases from a number of retailers via the Nectar online store).
One Nectar point is worth 0.5p, meaning if you earn 1 point from a purchase its the equivalent of 0.5% cashback. Points can be redeemed in-store for money off shopping at certain retailers, including Argos and Sainsburys, or with a number of partners through vouchers, including Eurostar, eBay, and Caffè Nero). Points can be spent in batches of 500, with each point being worth 0.5p).
Nectar points do not normally expire, but an account may be closed if no points have been earned or redeemed for a continuous period of 12 months). The Nectar card scheme also offers a digital card on the app to scan, making it easier to collect and redeem points).
