Loyalty Credit Cards

An annual fee is charged by some credit card companies for the management of your credit card.

The credit card company usually provides extra benefits to credit card holders that pay a fee.

American express is known as AMEX.

AMEX is one of the main international credit card issuing schemes, along with VISA and Mastercard.

An Additional Card Holder is when you have a credit card and you are able to have an additional card issued for your partner, spouse.

The main cardholder is responsible for ensuring payments on the additional credit card.

Your account number is assigned by the credit card provider and it is usually embossed and encoded along the middle of your credit card

Access credit card is the old name for Mastercard.

ATM means Automated Teller Machines, in othere words hole in the wall cash machines. The cash machines allow access to cash from a credit card once you have entered your personal identification number into the machine.

Some machines will charge you for the service, your credit card company may charge you for this service and you may have to pay a higher interest rate on receiving cash form the ATM machine.

APR means Annual Percentage Rate. This is the amount you will be expected to pay, should you borrow on your credit card. The APR is a figure designed to give credit card holders an idea of the cost of borrowing from the credit card.

Great news for Nectar Collectors everywhere. You can now apply for your very own
American Express Nectar Credit Card It’s just like a normal credit card‚ but better‚ as it gives you Nectar points everywhere you use it. Use the Card on the high street‚ online or even on holiday and you’ll earn points at a faster rate than ever before.

You can also double the points you earn at Nectar Sponsors. Simply hand over your Nectar loyalty card and your new Nectar Credit Card at participating Sponsors and you’ll earn up to 4 points for each £1 you spend.

5000 bonus Nectar points when you first spend £200

Earn up to 4 points for every £1 spent when you use both the Nectar Credit Card and your Nectar loyalty card at participating Nectar sponsors

Earn an additional 1 point for almost every £1 spent elsewhere – wherever American Express is welcomed, worldwide.

Standard Interest Rate - 15.9% APR

Annual Fee: None

Purchase Protection Benefit

Refund Protection Benefit

Online Fraud Guarantee

Online account access

24/7/365 telephone service

A loyalty credit card is a credit card that allows you to collect bonuses as you spend with your credit card.

The bonuses or rewards come in the form of Bonuses with certain companies, Airmiles, or even discounts from football clubs on season tickrets or football merchandise.

Every time you spend on your loyalty card you are awarded points. The more points you have the better the bonus.