Nectar Amex cashback rate, cap and annual fee
Nectar Amex pays 1% on everything, as a base rate and 0.5% at warehouse retailers. The card costs GBP 30 a year.
This is information about each card's published terms, not a recommendation to apply. PayperWIZ arranges no credit and is paid nothing by any bank or card issuer.
American Express · United Kingdom · catalogue v103
Read from American Express's own published terms on 1 Oct 2026.
What it pays, by category
| Spending | Rate | Monthly cap |
|---|---|---|
| everything else | 1.00% | —2 Nectar points per £1 on purchases. The "3 at Nectar partners" includes 1 from the Nectar loyalty card, which you get whatever you pay with. |
| warehouse retailersgroceries | 0.50% | —1 point per £1 at warehouse retailers such as Costco. |
Questions people ask
What cashback does the Nectar Amex pay?
1% on everything, as a base rate and 0.5% at warehouse retailers.
Is there a cap on the Nectar Amex?
No monthly cap is published on the rates shown here.
What is the annual fee on the Nectar Amex?
GBP 30 a year.
Knowing the rate is not the same as remembering it
PayperWIZ holds the cards you actually own and names the right one at the till — after the cap you have already used this month, and after the foreign-currency fee. Every rate in it says where it came from, the way this page does: read off the issuer and dated, or marked indicative.
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