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Nectar and 'Let's Save Money' launch a crowdswitch to fuel savings on energy bills

Press Release   •  Jun 02, 2017 12:11 BST

Nectar has teamed up with personal finance website, ‘Let’s Save Money’, to host a crowdswitch that could see cardholders save up to £524 on their energy bills, whilst also offering thousands of bonus Nectar points.

By opting in to the Let’s Save Money Energy Club in association with Nectar this June, cardholders will join thousands of others to harness the power of the people and help secure market beating energy rates that can’t be found in the open market.

Once customers have expressed an interest in participating in the crowdswitch, the best tariff deals will be negotiated with the leading energy suppliers. Customers will then be contacted about the new deals available by ‘Let’s Save Money,’ and with a few simple steps, will have the option to choose their new tariff and start saving from July.

Making it an even hotter deal for Nectar cardholders, those who choose ‘Duel Fuel’ will be rewarded with 3,000 Nectar points whilst those who choose single fuel will snap up 1,500 points.

Customers have from today (1 June) until 4th July to opt into the crowdswitch, simply by visiting nectar.com/lets-save-money.

For more information on the Let’s Save Money Energy Club in association with Nectar and other exciting ways to receive personal rewards visit nectar.com or download the Nectar mobile app.

ENDS

*At least 10% of Let’s Save Money Energy Club members saved £524 in previous collective switches (February – November 2016)

**Customers must have signed up to Nectar prior to 20th June

Notes to Editors:

Full terms and conditions for the Let’s Save Money Energy Club in association with Nectar offer can be found atnectar.com/lets-save-money

  • Customers are not committed to switching tariffs until they agree to do so in the final stage of the scheme.
  • Customers have a cooling off period of 14 days after the offers are made to change their mind.
  • The earliest possible date that a customer will be awarded their bonus points is 4th July.
  • Tariff deals may all be from the same supplier or they could all be from different suppliers.

About Nectar

Nectar, the United Kingdom’s leading coalition loyalty programme, is owned by Aimia, a data-driven marketing and loyalty analytics company.

In 2017, Nectar celebrates 15 years of rewarding British shoppers and has given back £3billion of rewards to collectors, including money off shopping, travel, days out and cinema tickets.

20 million collectors earn Nectar points when shopping for groceries, booking a holiday and buying petrol. Collectors also earn Nectar points every time they shop online via nectar.com at around 500 leading online retailers.