FNB eBucks is proud to announce its partnership with Spar, one of the country’s leading food retailers. From February, FNB Private clients, Private Wealth and RMB Private Bank clients will earn up to 15% back in eBucks when they shop in-store at Spar, SuperSpar, KwikSpar and Tops at Spar using their qualifying FNB or RMB Private Bank virtual cards.
“The eBucks programme is central to the integrated value that we offer to our clients across FNB and RMB Private Bank,” says Sizwe Nxedlana, FNB Private Segment CEO.
“Through like-minded collaborations with partners such as Spar, we are significantly scaling our unique ability to enable our clients to manage both their financial and lifestyle facets by using the power of our integrated platform. Our expanded lifestyle partner ecosystem makes it easier and convenient for our clients to stretch their wallets, especially during these challenging economic times.”
Spar Group omnichannel executive Blake Raubenheimer adds: “As a leading retailer, Spar is a business founded on strong relationships and an entrepreneurial spirit. With over 2 500 Spar stores nationwide, we remain committed to offering our customers value-for-money items, and as part of our business practice we continue to adapt to the evolving economic landscape to cater for this need.
“In addition, our Spar Rewards card provides access to monthly deals and promotions across a range of essential products to help customers with cost-savings within their budgets. As a result, we’re pleased to provide customers with more ways to earn their rewards through our collaboration with eBucks.”
Source: FNB eBucks
According to Zamabomvu Ngubane, head of FNB eBucks Rewards: “South Africans are feeling the economic strain, and within our affluent customer segments, we continue to see the real impact of eBucks in catering to the needs of our clients and enabling them to stretch their rands even further.
“Our challenging economy, coupled with the increased cost of living, informed our decision to expand the catalogue of eBucks rewards grocery partners and benefits.
“Our reward programme has been designed to be an integral part of our clients’ monthly budgets as they supplement their household expenses,” she adds.
Customers are encouraged to opt-in for earning eBucks at Spar on their FNB or RMB Private Bank apps, and to use their virtual cards as a way to transact conveniently and safely to earn the maximum rewards.
One of the key security features of the FNB Virtual Card is its innovative dynamic CVV. The dynamic CVV (card verification value) number is one of the most unique features of the virtual card, as it changes frequently to provide clients with better protection.
The eBucks rewards programme and Spar grocery partner earn rules include:
| Segment | Card type | Earn rate | ||||
| Private clients | Physical card | 0.5% | ||||
| Virtual card | Reward level 1 | Reward level 2 | Reward level 3 | Reward level 4 | Reward level 5 | |
| 1% | 2.5% | 5% | 7.5% | 15% | ||
| Private Wealth/RMB Private Bank clients | Physical card | 1% | ||||
| Virtual card | Reward level 1 | Reward level 2 | Reward level 3 | Reward level 4 | Reward level 5 | |
| 1% | 2.5% | 5% | 7.5% | 15% | ||
| * If a client pays with their physical card, they can earn up to 1% back in eBucks depending on their FNB account.
* eBucks earn is dependent on their reward level. |
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“We are excited to partner with Spar and encourage our clients to continue using their FNB or RMB Private Bank digital channels and virtual cards to maximise their rewards and for a safe and convenient shopping experience,” says Ngubane.
She notes that other eBucks retail lifestyle partners include Clicks, iStore, Superbalist, Old Khaki, Poetry, Takealot, Le Creuset, Yuppiechef, ARC, HP store, Netflorist “and many more”.
Brought to you by First National Bank (FNB).
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