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What’s the best loyalty card?

What’s the best loyalty card?
Source: Getty Images


From cashback to reward credit cards, lots of us love getting a little something back for our custom. So, it’s no surprise that a YouGov survey revealed 77% of us Brits belong to a loyalty scheme. But who’s offering what for our faithfulness? Here’s a round-up of some of the biggest loyalty cards around.

Best loyalty card for money off instore and online

1. Boots Advantage card

This is one of the most generous loyalty schemes in the UK. Members earn four points for every £1 spent. Each point is worth 1p.

If you’re over 60 or join the Boots Parenting Club, you’ll benefit even more by earning eight points per £1 on selected products.

You can earn points with each transaction online and instore – including at Boots Opticians and Boots Hearingcare, although you’ll only get one point per £1 spent. 

The only drawbacks are that you can’t spend your points on certain products, including prescription items. And points can only be redeemed if you have enough to cover the entire cost of the product – you can’t part pay for something with points. Nevertheless, these are pretty minor cons when you consider how much you can save.

2. Co-op Membership scheme

Another worthwhile loyalty cards that equates to cold, hard cash is the Co-op Membership scheme. You won’t earn points with this, instead you’ll get 5% off your spend in store, but only on Co-op branded products. Co-op will also donate 1% of qualifying spends to local good causes.

3. Iceland Bonus Card

Iceland offers a similar loyalty scheme, but it works the other way around. Instead of earning cashback, you load your Iceland Bonus Card with money (like a pre-pay) and for every £20 you add, Iceland top it up by £1 so you’ll get extra cash to spend.

Best loyalty card for rewards to spend elsewhere

1. Tesco Clubcard

For every £1 you spend, you’ll get one point (or one point for every £2 spent on fuel). It’s easy to earn points if you are a regular Tesco customer, use their financial services (like bank or credit card) or have a Tesco mobile phone account.

One Clubcard point is worth a penny if redeemed in Tesco stores, but you can trade these points in for discounts at other retailers and restaurants. Doing this also means you get more for your money. For example, 50 pence worth of points magically becomes £1.50 if you spend it at participating partners including Pizza Express, Now TV, and English Heritage.

2. Sainsbury’s Nectar Card  

Sainsbury’s Nectar Card offers a similar scheme. You’ll earn one point for every £1 spent in stores and you can redeem them against your groceries or at reciprocating partners. Nectar have also launched Nectar Canvas, which is essentially a market research platform where you’ll earn points for answering various surveys.

Nectar points are only worth 0.5p (half a penny), so only they only have half the value of Tesco Clubcard points. Also, while you can collect points at a number of other outlets (like eBay and Argos), where you can spend them is pretty limited.

Best loyalty card for free food

1. Subway Subcard 

One of the best loyalty cards for free food is the Subway Subcard. Used regularly, you could end up with freebies almost every week. You’ll get 10 points for every £1 spent. A minimum of 100 points will start earning you rewards, which can culminate in a footlong sub.

2. Nando’s Card

If a cheeky Nando’s is more your thing, then the Nando’s Card is a must. For every £7 you spend, you’ll get one chilli. You’ll also get a bonus chilli just by registering your card online.

More chillies means more rewards. You’ll need at least three chillies to be able to claim a reward. The most you can earn is 10 chillies, which gets you a whole chicken or whole combo meal with sides. The great thing is that your chillies don’t reset. Even when you claim a reward, you just keep going until you reach the next reward. 

Best loyalty cards for true fans only

Of course, there are lots of other loyalty cards out there that are nice to have but don’t really give you anything earth shatteringly brilliant – for example:

  • myWaitrose – money off vouchers and free tea, coffee or paper if you make other purchases instore. Unless you shop at Waitrose regularly, it’s probably just another card to clutter up your wallet.
  • IKEA family card – discounts off selected items and free tea or coffee on weekdays, but not a lot else. 
  • George Rewards – offered by Asda. Earn points to unlock discounts but only on products online offered by George (clothes, home, toys). 

Looking for a new credit card?

Great credit card offers are out there — you just need to know where to look! If you’re after the top offers on the market, a great place to start is our list of the top credit cards.

Click here to see MyWalletHero's top credit card picks for October 2020.


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