American Express UK Nectar Credit Card
Representative APR
36.5% APR (variable)
Purchases
29.7% (variable) p.a.
Balance Transfers
29.7% (variable) p.a. (3% fee)
Account Fees
£0 for year 1. Then £30 p.a. from year 2 onwards.
Representative Example:
At an assumed credit limit of £1,200, with a purchase rate of 29.7% (variable) p.a., and a fee of £0 in year 1 and £30 per annum from year 2 onwards, most accepted customers get a rate of 36.5% APR (variable).
Editor’s Note: While we always aim to give you accurate product information at the point of publication, rates, prices, terms and promotions can always be changed by the provider afterwards and without notice, so be sure to double check first.
Our Verdict
The American Express UK Nectar credit card carries a £30 annual fee (£0 for the first year). New members can earn up to 20,000 Nectar points by spending £2,000 within the first three months of membership. For those who use the card for everyday spending and typically reach this amount within three months, the rewards can effectively cover the annual fee and more.
Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.
Product Features & Benefits
| Issuer | American Express UK |
|---|---|
| Network | American Express |
| Primary Category | Rewards |
| Loyalty Scheme | Nectar Points |
| Incentive on opening | First year’s Cardmembership fee is free. Earn 20,000 Nectar points when you spend £2,000 in your first three months of Cardmembership. |
| Cashback/Rewards (if applicable) | Collect 2 points for every full £1 spent on the Card. Collect a minimum of 3 points per £1 spent at Nectar partners when using Credit Card and loyalty card. |
| Account Fee | £0 for year 1. Then £30 p.a. from year 2 onwards. |
| Purchases | 29.7% (variable) p.a. |
| Purchases Interest Free Period | 56 days |
| Balance Transfers | 29.7% (variable) p.a. (3% fee) |
| Balance Transfer Fee | 3.00% |
| Cash Advances | 37% (variable) p.a. (fees apply) |
| Minimum Credit Limit | £ 700.00 |
| Maximum Credit Limit | Subject To Status |
Fees & Charges
| Account Fee | £0 for year 1. Then £30 p.a. from year 2 onwards. |
|---|---|
| Late Payment | £ 12 |
| Returned Payment | £ 12 |
| Exceed Limit | £ 0 |
| Duplicate Statement | £ 2 |
| Replacement Card | £ 0 |
| Trace Fee | £ 0 |
| Cash Withdrawal Fee | 3% |
| Cash Withdrawal Minimum Charge | £ 3 |
| Foreign Usage EU | 2.99% |
| Foreign Usage World | 2.99% |
Application Requirements
| Availability | Nectar member with a valid Nectar membership number. |
|---|---|
| Minimum Income | £ 0 |
| Minimum Age | 18 |
| Residency | Permanent resident in the UK. |
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34.4% Representative APR (variable)
Mintify Limited, trading as Mintify, is an Introducer Appointed Representative of Creditec Limited and is acting as a credit broker, not a lender.
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