Making the most of eBucks
Actively changing your banking behaviour and maximising your reward level on FNB’s eBucks reward programme translates into a significant increase in the amount of eBucks you’re able earn.
First, a recap … eBucks (in its traditional form) is available on all FNB accounts from Gold upwards (including Premier, Private Clients and Private Wealth). To earn eBucks, customers need to meet different qualifying requirements, depending on their account type. For instance, on FNB Premier, one needs a monthly deposit of at least R16 500 (or average deposits into the account of that amount per month over a six-month period), or maintain a monthly balance of at least R50 000 (or R10 000 plus R50 000 in a savings and investment account if you’re a pensioner). Then, all your FNB accounts need to be in good standing, and you need to use the app (or any electronic channel if you’re over 60) at least once a month.
Once you’ve qualified, changes in behaviour earn a customer reward points (in the case of Premier, Private Clients and Private Wealth accounts). Doing at least four payments, transfers, or purchases a month, for example, equals 2 000 reward points on the three above-mentioned accounts. Points are earned for various products, balances or behaviour (such as credit card spend).
Read the full story on: Moneyweb.