First National Bank is looking to benefit from the dire situation South African motorists find themselves in. The bank is giving qualifying customers even more eBucks from tomorrow, 1 July, until the end of September 2022.
This is coming at a time when the fuel price is already at an all-time high. Most signs are pointing to another increase. Data from the Central Energy Fund indicates that the next one is likely to be R1.80 for petrol and R1.60 for diesel. Getting a little extra back from your bank… might take the sting out a little.
FNB to the rescue (but only for its own customers)
Especially since the Department of Mineral Resources and Energy is halving the relief South Africans are currently experiencing. That’s a recipe for a further 75-cent increase, for a grand total of a potential R2.55 increase per litre. Take us out, we’re done.
FNB customers can look forward to some slightly better news though. Provided they qualify, that is. For the months of July, August, and September, FNB customers who are eligible to earn eBucks when they purchase fuel at Engen will earn an additional R2 per litre. This is for everyone, on all reward levels, and in addition to what they already earn.
Read More: Petrol prices could touch R25 per litre in July
Unfortunately, you won’t get something for nothing. There are some requirements you have to satisfy if you want these additional benefits. First, you’ll need to pay for your fuel at Engen with your FNB or RMB virtual card. Then you’ll need to complete another online virtual card transaction per month at a different merchant.
Earning eBucks was already fairly obscure, what with the different rewards tiers and different qualifying criteria you have to meet that decide how much you’ll earn back. Now FNB is making customers jump through more virtual hoops. What do we look like, a border collie?
We suppose we shouldn’t look a gift loyalty rewards program in the mouth. With yet another fuel price increase looming in the coming weeks, we could use all the help we can get.