From 25 January, Nectar card holders will be able to convert 400 Nectar points to 250 Avios, and vice versa. You’ll be able to convert Nectar points you’ve already built up, as well as any future points you earn from now onwards. As part of the launch, if you convert 1,600 Nectar points before 14 February you’ll also get a bonus 500 Avios as well as earning double Nectar points on shopping at Nectar partners until 19 April.
Using the above example, shoppers earning at a rate of one point per pound would need to spend £400 at Nectar-partnered retailers to get 400 points to convert into 250 Avios (the minimum amount you can convert), and £1,600 to earn enough Nectar points to convert for the Avios bonus.
In terms of what Avios points buy, you need 4,000 Avios on average for a flight to Amsterdam, which could be equivalent to spending £6,400 to accrue 6,400 Nectar points (plus you’ll pay £17.50 in taxes and charges) – though Nectar says in reality most will spend less than this due to its regular points-boosting offers.
But the scheme isn’t as generous as Tesco’s former Avios partnership where shoppers could convert Clubcard points to Avios at a higher rate of 250 points – which you’d have spent £250 to earn – for 600 Avios. This ended on 18 January. Check our our Loyalty Points Boosting guide for more info on how Nectar and Clubcard work, and see our 31 tricks to boost and max Avios if you’re thinking of exchanging points.
How to earn Nectar points
Under the Nectar loyalty scheme, you earn points every time you spend at partner retailers, which includes Argos, Sainsbury’s, and Esso fuel stations.
The amount you get varies – at Sainsbury’s right now you’ll usually earn one point for every £1 spent. Each Nectar point is then worth 0.5p to spend in Sainsbury’s – so 500 points equals £2.50 off shopping. Alternatively, you can boost the value of Nectar points if you spend them at Nectar’s reward partners.