FNB review eBucks rules
by MTHULISI SIBANDA
JOAHNNESBURG – FIRST National Bank (FNB) has announced the annual review of its eBucks
earn rules with an emphasis on simplification, officials said on Friday.
The new earn rules were applicable from July 1 for FNB Smart and Wealth customers, and will change from September 1 for FNB Business accounts and October 1 for FNB Gold, Platinum and One Account holders.
FNB has scrapped its requirement for marketing consent as a qualifying criterion to earn eBucks, but members can now collect additional reward level points for providing marketing consent, which could help boost them to the next rewards level.
“Increased eBucks earn can be anticipated for most Gold and Platinum customers holding both a qualifying Cheque and Credit Card of the same colour.
“Overall we have simplified the reward level process as we now look at a customer’s holistic product holding and calculate the reward level at a customer level, not separately for each product,” said James Fowle, CEO, FNB Premium and Business Core Banking.
Launched in 2000, eBucks Rewards remains a pioneering rewards programme and has paid out over R4bn to its members since inception.
As the bank’s eBucks rewards programme enters its 15th year, the programme remains one of the most successful, sustainable and enduring rewards programmes in the country.
– CAJ News
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