Amex Nectar
American Express
Annual fee
£30
Rewards rate
2%-2%
Welcome Bonus
20,000 Nectar points
Apply Now →on American Express's website
Regular APR:36.1% Variable APR
- 2%Nectar points for every full £1 spent.
Welcome Bonus:
Earn 20,000 bonus Nectar points when you spend £2,000 in the first three months.
Reward Rate:
Collect 2 Nectar points for every full £1 spent on the card.
APR:
36.1% Variable APR
The Amex Nectar card shines for its straightforward rewards structure, allowing users to earn 2 points for every £1 spent. This card is particularly appealing for those who frequently shop at Nectar partners.
Pros:
- Good rewards rate
- Bonus points on sign-up
Cons:
- Annual fee after first year
- Limited redemption options
The Amex Nectar card is best suited for consumers who regularly shop at Nectar-affiliated retailers and seek a straightforward rewards program with a competitive earning rate. With its annual fee of £30 and a welcoming bonus of 20,000 Nectar points, it offers value for those committed to maximizing their rewards through everyday purchases.