5 STEPS TO ROCKET YOUR NECTAR POINTS BALANCE
No
Longer Works
{Update - Barclaycard no longes does Nectar; AMEX does but this process
wont work because AMEX wont let you use their card at meccagames - please let me know if anyone
finds a similar process that still works}
"As a Nectar points collector, you are no doubt aware that for every
500 points you collect, you get £2.50 to spend at places like
Argos and Sainsbury’s. This Equates to £50 free
shopping
money for 10000 points, £250 for 50000 and £500 for
100,000
and so on. You will also be aware that unless you get all the bonus
points on any special promotions, it can take an age to accumulate a
substantial points balance. Following the five steps outlined below
changes that. Using this method, you can easily add 1000’s of
points every month. During the first month that I used this method, I
added 7300 points to my Nectar balance. I then went and did
£35
worth of shopping at Sainsbury’s – for nothing!
Step 1
Apply for a Barclaycard credit card and register your Nectar card to
it. To do this, simply phone Barclaycard and give them your Nectar
number.
Step 2
Open a Meccagames account (www.meccagames.com). Use your Barclaycard
for making deposits and withdrawals.
When you make your first deposit of £10 you will receive
£10 free. You need to spend this initial £20 on any
of
their bingo or slot games and continue to play the games occasionally
(about 5-10% of your earnings is sufficient – see table
below)
for Meccagames to be happy that you are using your account properly.
When you do play the games, you do of course, stand a decent chance of
winning and making a profit anyway – so don’t
immediately
assume that you will be £10 out of pocket. If you do lose the
whole £20 (your £10 and the free £10)
just consider
it as an investment – you WILL make it back. Playing the
games
myself, I’ve found the best ones that payout quite well are:
Slots- Bankenstein, Loot-n-Khamun, Sports Crazy and Ooh Matron; Bingo
Games- Cashline and Bingo-Keno Super-Jackpot. Keep your stakes to 20p
or 50p and all of those will pay you something fairly quickly
(Bankenstein seems to throw up Jackpots quite regularly). As I
explained though, you may lose all the money you play on the games
– but this method is not about gambling- the Meccagames site
merely acts as an easy gateway for you to wind up your Nectar balance.
All will be explained in Step 3.
Step 3
Now here comes the big squeeze. Barclaycard credit card customers
currently earn 1 Nectar point for every £2 spent. Once
you’ve played your initial £20, you need to deposit
the
whole of your available Barclaycard balance into your Meccagames
account. Then spend an amount of this on games (any amount- one 20p
stake is enough). After 2 minutes has passed (you can’t use
your
card again within 2 minutes) withdraw the whole of your balance back to
your Barclaycard. It usually takes between 2-3 days for the withdrawn
funds to appear back on your Barclaycard and be available to spend
again.
Step 4
Keep checking your Barclaycard balance over the next few days to check
when withdrawn funds have been added back to your account. You can do
this by clicking on ‘register’ on the ‘My
Account’ section of the Barclaycard website,
www.barclaycard.co.uk.
Step 5
As soon as your withdrawn funds are back on your Barclaycard and you
have a balance to spend, repeat steps 3 and 4. You can do this,
depending upon how quickly the withdrawn funds are cleared back to your
Barclaycard (average 3 days) up to 12 times a month. Below is a table
of how many points/ how much shopping money you can earn, based on
doing this 10 times per month:
Available Barclaycard Balance Total Deposited & Withdrawn
Nectar points earned per Money available to spend at
each month month via Barclaycard Argos/ Sainsbury's etc.
£200 £2,000 1000 £5
£500 £5,000 2500 £12.50
£750 £7,500 3750 £18.75
£1,000 £10,000 5000 £25
£2,000 £20,000 10000 £50
£5,000 £50,000 25000 £125
£10,000 £100,000 50000 £250
As you can see from the above table, even a new Barclaycard customer
with an initial credit limit of £200, can easily make
£60
FREE shopping money per year. However, you will not be limited to
£200 for long. Barclaycard recognises the withdrawals back to
your card as payments- this means that you will never have to make a
payment, you will never accumulate any interest on your Barclaycard (as
you are continually paying off your balance) and your credit rating
will be excellent. This all means that your credit limit will very
quickly be increased and your Nectar earning potential will increase
inline.
I have been doing this for over one year and at the time of writing
this guide, my credit limit stands at £3600. I am currently
making between £80-90 per month. This doesn’t cover
my
entire shopping bill, but it certainly goes a long way towards it. I
also, of course, after claiming my vouchers at Sainsbury’s,
use
my Nectar card at the checkout and earn more points on my shopping.
Out of the money I make, I usually stake around £10 on the
slot
and bingo games to ensure my Meccagames account stays in good favour. I
don’t know if they would close my account for continuously
depositing and withdrawing without actually spending any money, but
I’d rather not take the risk. The main reason for this is
that
they will not allow the same card to be registered again once an
account is closed. The other thing I should also point out is that over
the past 12 months, I’m actually about 22% up on money
I’ve
staked on the games (I’ve staked £110 and have got
back
just over £133). Whether this is a return rate you can rely
on or
whether I’m just lucky, I don’t know, the main
point of
course is that I’ve also made just over £1000
shopping
money.
There are of course other online gaming accounts that accept
Barclaycard where you would be able to do this. There are several
reasons why I have found Meccagames to be the best for this process.
Firstly, they are UK based and are extremely reputable (part of the
Rank group). As they are UK based and are a large, well resourced
company, they have among the quickest withdrawal times in the business
– many other sites can have you wait up to 10 working days
for
the money to appear back on your card. They also have the smallest
initial deposit requirement for a 100% bonus (£10 for
£10).
Also, they have very low stakes available on games – as
little as
20p! Lastly, you do actually win from time to time- I’m
currently
about 22% up on money I’ve staked on games.
Points to remember
Do check your Barclaycard balance regularly and deposit as soon as
possible
Do stake something on games each time you deposit – even if
its only 20p!
Do stake a reasonable amount on games occasionally – maybe
£5-£10 every couple of months
Do take your Nectar card with you and get the points for the shopping
you do with your free cash
Do ask Barclaycard regularly for an increased credit limit
– if they don’t do it for you anyway
Don’t just deposit and withdraw – you may put
your
Meccagames account at risk. Spend something – even if
it’s
just the odd pound every now and again.
Don’t get carried away on the games and become a compulsive
gambler – unless you’re a lucky one!
So there you have it. I know this report is a few pages and there seems
like quite a lot of information, put the process is actually very
simple. Once you’ve got everything set up, this method
actually
takes about 5 minutes online every 3 days or so.
Hope you find this information as useful and rewarding as I have.
Good Luck." |
