Sainsbury’s shoppers with a Nectar card issued £742 warning | Personal Finance | Finance

Shoppers using a Sainsbury’s Nectar Card could be £742 worse off per year, new research shows.

While Sainsbury’s continues to offer sizeable discounts through its Nectar Card prices, a new report from consumer website Which? Shows that even with these discounts, shoppers at Sainsbury’s are paying £742 more per year compared to those who shop at Aldi.

In October’s supermarket comparison, Which? found Aldi to be the cheapest, with an average basket of 62 popular groceries costing £111.66.

Lidl was the second most affordable, costing only 41p more with the supermarket’s loyalty scheme Lidl Plus and 67p more without at £112.33 on average.

Sainsbury’s, with Nectar Card prices included, averaged £125.23 per month. This translates to a weekly cost of £14.27 more at Sainsbury’s, resulting in an annual difference of £742.04 if the same price averages were maintained through the year.

Tesco, with its Clubcard, had a slightly lower average monthly cost than Sainsbury’s Nectar Card, at £125.09, but it still amounts to significantly more than Aldi’s prices.

Waitrose came in as the most expensive shop, with an average basket cost of £142.39, a staggering 28 percent more than Aldi.

For a bigger shop consisting of a list of 164 items, Asda was the cheapest at £418.71 and Waitrose was the most expensive, costing £42.39 more (£461.10).

However, Aldi and Lidl are not included in that comparison as they have a smaller range of products compared to the other supermarkets.

Harry Rose, editor of Which? magazine, said: “Our latest monthly analysis once again sees Aldi crowned as the UK’s cheapest supermarket.

“In the lead-up to the festive season, people are looking to cut costs where they can.

“Our analysis shows that by switching supermarkets consumers could save 22%, highlighting the advantages of shopping around where possible.”