Sainsbury's rolls out "Spend Lock" to protect 18 million Nectar customers from loyalty point theft.

Sainsbury's introduces a "Spend Lock" feature to protect Nectar loyalty points from being stolen, affecting 18 million customers. This lock freezes points until account holders manually choose to spend them, addressing recent scams where fraudsters stole an estimated 12.5 million points worth £63,000. The feature aims to enhance security and is being rolled out to all Nectar card members.

2 months ago
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