New Nectar credit card customers set to benefit from bonus

September 25, 2007

As you are likely to know, Nectar is a well known company within the UK. There are thousands of consumers joined up to the Nectar card scheme which links with hundreds of retail outlets and many are enjoying the benefits that come with spending on the card. The great news is that those people, who have just signed up for their Nectar credit card, are set to enjoy many benefits from the company. This is because Nectar is celebrating its fifth anniversary and it now wants to help new customers to feel the benefits of using their services.

So any new customers who spend over £200 will now automatically get a free 5,000 points added to their account. This only applies to customers who spend £200 within the first 90 days of them having an account with the company. However, that is not the only benefit to be gained. Nectar is also offering 6 points for every £1 that is spent at certain retail outlets and that means that rewards will be gained quicker. However that is not applicable for all retail outlets so you should keep in mind that everywhere else you will earn 2 points per £1 spent.

Altogether the estimated amount that the Nectar card scheme has rewarded to people is set to reach £1 billion by the end of 2007. Its interest rate is quite good at 15.9% and when you use the card for the first 3 months you get double points too. There are so many reasons why thousands of people do choose to use the Nectar credit card and the benefits that you get from it really are second to none.

Overall this is Nectars fifth anniversary and there are no signs of its popularity slowing down. With these new added benefits more and more people are just going to continue signing up for the card.