Martin reveals the right way to get a free £184 at Sainsbury’s through a bank card
Talking on the present, which was broadcast final evening (25 February 2021), Martin defined how one can get a free £184 to spend at Sainsbury’s, getting the Amex Rewards Gold Card.
He mentioned: “In the event you’re accepted for that [the Amex Rewards Gold Card] and also you spend £3,000 in three months you get 23,000 Amex rewards factors which features a 20,000 level bonus. I might solely do that in case your regular spending every month – put all your loved ones spending on it – is over £1,000 a month, so it is fairly a excessive quantity. If not do not hassle, it isn’t an excuse for spending extra.
“Now what they usually promote is you possibly can redeem these factors for £100 voucher at Amazon, M&S and extra, however I’ve a trick.”
To do the trick, it’s important to observe the next steps:
- Convert 23,000 Amex factors for 23,000 British Airways (BA) Avios factors (through Amex rewards).
- Now you can swap 23,000 Avios for 36,800 Nectar factors (through BA’s web site).
- 36,800 Nectar factors is now spendable as £184 at Nectar companions, together with Sainsbury’s.
Martin reminded viewers to at all times repay bank cards in full every month so there is not any curiosity. He added that it is fee-free within the first yr, however £140/yr after that, so at all times cancel after the primary yr to keep away from the charge. You could find out extra in regards to the card in our Finest Cashback Credit score Playing cards information.
With the ability to swap Avios to Nectar factors and vice versa is a brand new perk launched this yr, and one viewer wrote into Martin’s present to say she’d swapped Avios factors to get £600 off her Sainsbury’s procuring. She wrote: “Thanks Martin for making us conscious of having the ability to flip Avios into Nectar factors.
“I’ve now transformed our household Avios factors and I’ve over £600 price of factors to spend on our weekly store (with extra factors nonetheless to transform). Ought to imply six-weeks ‘free’ procuring.”