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Press release: for immediate release
Nov 28, 2023
The multi-year renewal of the 18-year relationship maximises value for Nectar and American Express Cardmembers
London UK, 28th November 2023: Nectar360, which owns and operates Nectar, the UK’s largest loyalty coalition programme, today announces the renewal of its longstanding co-branded credit card partnership with American Express.
American Express is the largest global payments network and one of Nectar’s most established partners, having launched their co-branded American Express® Nectar Credit Card in 2005.
American Express Cardmembers represent some of the most engaged Nectar users, collecting 14x more points than average. The Nectar coalition includes partners such as Sainsbury’s, Argos, British Airways, eBay, and Esso. American Express Nectar Credit Cardmembers earn points as they spend and are able to supercharge their points when they spend on these Nectar-affiliated brands.
Cardmembers can collect a minimum of three points for every £1 spent when they buy from a Nectar partner using their American Express Nectar Credit Card and linked Nectar card, or two points for every £1 spent on their credit card anywhere that accepts American Express.
New Cardmembers can also claim 20,000 Nectar points when they are accepted for the product and spend £2,000 in the first three months of membership, and 5,000 bonus points when they recommend a friend.
Amir Rasekh, Managing Director, Nectar360, explains: “After 18 years of working together, we’re delighted to continue our journey with American Express, which represents exactly the kind of partner our customers value. Alongside other trusted partners such as Sainsbury’s, Argos, British Airways, eBay and Esso, we are enabling customers to drive value across a huge array of household spend and across many of the UK’s most-loved brands.”
Nikki Edelman, Vice President at American Express, says: “Since our partnership began in 2005, we have been delighted to drive value for our Cardmembers alongside Nectar360. We continue to find additional value for our customers through the partnership, as they boost their points balance and generate personalised rewards which we know they love.”
To find out more about this exclusive partnership at https://www.nectar.com/american-express Representative 37.8% APR variable. 18+ subject to approval. T &Cs apply
Maryum Sheikh, Press Lead at The Digital Voice
Nectar360 owns and operates Nectar, the UK’s largest loyalty programme, helping some of the UK’s biggest brands to build impactful relationships with their customers. It manages Sainsbury’s and Argos retail media services, utilising its own insights and media expertise to connect the Sainsbury’s businesses, partners and their customers. Through the unrivalled data provided by the 19.6 million members of the Nectar loyalty programme, Nectar360 understands consumers better than anyone else, offering brands a clear view of exactly who their customers are and what they buy. For more information, visit nectar360.co.uk.
About American Express:
American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.
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