FNB’s eBucks Are Changing This July

FNB and RMB Private Bank rewards programme FNB eBucks is receiving an update on the first of July in terms of the way FNB and RMB clients earn their points. eBucks said that customers will be informed about the update which will give them sufficient time to work through the changes.

eBucks released some information of what clients can expect from the new changes. Premier customers’ activities which will earn them points will be wighted as follows:

  • Transactions (cheque, credit card) – 27.5%
  • General banking – 11.5%
  • Savings and investments – 44%
  • Asset finance – 7.5%
  • Credit products – 9.5%

In terms of Premier banking, clients will now be required to utilize the banking app at any rate once every month to qualify for eBucks. Gold and Easy account clients will move to the “next level” for using the app every month.

Cash Back Rewards 

For Easy customers, FNB has launched a cash-back rewards system which works pretty much the same as eBucks. Gold customers will switch from the “points system” to a reward level system. Easy and Gold customers’ reward rate will be established on the number of products they hold.

For Easy and Gold customers, the process of earning has been made easier and clients can choose between products and services in eight categories. Previously, rewards were restricted to airtime.
Furthermore points will now be allocated to different reward levels that have been aligned across FNB Premier, Private Client, and Private Wealth, with fewer points required to reach levels 3 to 5.

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