MARTIN LEWIS has warned shoppers to hold on to their Sainsbury's Nectar points for a few more days.
The Nectar scheme allows shoppers to collect points at over 500 brands, including Sainsbury’s, BP petrol stations and Argos.
Speaking on ITV's This Morning, 's founder advised viewers to save their points until Wednesday next week.
That's because from November 8 shoppers will be able to exchange them for double the value in vouchers.
The vouchers can be used from Wednesday November 15 to Tuesday November 21.
He said: "Next Wednesday points will starts to double up - so a 1,000 points will be worth £10 in store at Sainsbury's instead of £5".
Mr Lewis went to explain that shoppers will be able to use up to 4,000 points per department.
He added that the exchanged vouchers can only be used on Tu clothing, toys, electricals, entertainment, houseware, seasonal items and Taste the Difference wine.
It is worth noting that you can only redeem up to 4,000 points worth - so £40 worth of vouchers - so this might not be the best deal for customers hoarding more than 4,000 nectar points for big money items.
Nectar is one of the UK’s most popular loyalty schemes, along with Tesco’s Clubcard and the Boots Advantage card.
SHOPPING SURGE Where can I spend my Nectar points, which stores offer them and how can I get the most from the loyalty card scheme?
It was launched in 2002 and merged the existing loyalty programmes on offer at Sainsburys, BP, Barclaycard and Debenhams.
When redeemed in store at Sainsbury’s, each Nectar point is worth 0.5p – so 1,000 points usually equates to £5.
You can collect points on fuel spends but not on stamps, car park tickets, cash back, gift vouchers, lottery tickets, scratch cards, medicines or baby milk.
The Sun Online has previously revealed how you can get the most out of the Nectar loyalty card scheme.
We've also looked at how shoppers can bag £150 worth of points when they take out an American express credit card.
The latest money saving tips from Martin Lewis
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