7th birthday MiGoals account
Competition terms and conditions
1. The promoter
Nedbank Limited, registration number 1951/000009/06 (we, us, our), runs this competition. We reserve the right to make it available to a select group of Nedbank clients only.
2. Competition period
The competition starts on 1 November and ends on 31 December 2024 (competition period).
3. Who can and cannot participate in the competition
3.1 A participant (you, your) must:
3.1.1 be 18 years or older;
3.1.2 have a valid South African ID; and
3.1.3 permanently reside in South Africa.
3.2 Our employees (including temporary and contract employees and their spouses and children), our associated companies, agents, contractors, and sponsors may not participate in the competition.
4. How to enter
4.1 To stand a chance to win the prize, you must do of the following during the competition period:
4.1.1 Open a Nedbank MiGoals Account on the Money App or via online banking; and
4.1.2 switch your salary within 60 days of opening your account: or
4.1.3 pay a minimum of R5 000 into your account within 60 days of opening it.
4.2 ensure that your account is in good standing, which means that it may not be in arrears or have been handed over for legal collection.
5. The Prize
A total of 7 participants will pay no monthly maintenance fees on their MiGoals account for 12 months.
6. Selection of winners
6.1 A random computer-generated draw to select the winners will take place on 17 March 2025 via Microsoft Teams and will be recorded.
6.2 You can win only once.
6.3 If you win, the following applies:
6.3.1 You will receive the prize only after we have verified and confirmed your details, including your compliance with these terms and conditions.
6.3.2 We will call you on the number we have on record for you within 15 business days of the draw date to confirm your name, surname, ID number and contact details.
6.3.3 We will try to contact you a maximum of 3 times. If we cannot get hold of you after the third try, you will forfeit the prize and we will choose a new winner.
6.3.4 The waiver of the maintenance fees will start on 1 May 2025 and will end on 30 April 2026.
6.3.5 We will not be responsible for any technical failures affecting your participation in the competition or if your entry has been left out from participation.
6.3.6 If a dispute arises, our decision will be final and binding on all aspects of the competition, and we will not discuss the matter further.
6.3.7 All costs or expenses relating to the prize that have not been mentioned here are excluded.
6.3.8 We will not be responsible for any delays in your taking up the prize.
6.3.9 We will not be responsible for any additional conditions that third parties impose.
6.3.10 We will give the prize directly to you and not to anyone else. The prize cannot be replaced with or redeemed for cash.
6.3.11 We will not be liable for delays or failure to deliver any part of the prize resulting from acts beyond our reasonable control. We will let you know as soon as reasonably possible if the prize is affected in this way.
6.3.12 We reserve the right to replace the prize at any time with another of similar commercial value.
7. General
7.1 All information about this competition, including information that is published on any promotional material, is part of these terms and conditions.
7.2 By participating in the competition, you agree to be bound by these terms and conditions.
7.3 These terms and conditions are available on our website at nedbank.co.za throughout the competition period.
7.4 We may ask you to consent in writing to endorsing, promoting and advertising any of our services, without payment. If you decline our request, you will still receive the prize.
7.5 By entering and participating in this competition, you acknowledge that your personal information needed for the competition will be shared with us and our agents, but only to the extent necessary for this competition. Your personal information will be used in line with South African consumer and data protection laws.
7.6 We may extend, shorten or cancel the competition immediately and without notifying you if it is permitted by law, if we must do so by law, or for reasons beyond our control. If this happens, you will give up any rights that you may have in terms of this competition and you will have no recourse against us or our agents, contractors or sponsors as a result of the extension, shortening or cancellation.
7.7 We or our directors, employees, agents or suppliers will not be responsible for any direct or indirect loss or damage resulting from your participation in the competition, or for any accident, injury, harm, costs, or death that you or any other person who participates in the offer sustains at any point during the fulfilment of the prize.
8. More information
For more information about the competition, call us on 0800 555 111 or email us at digitalhelp@nedbank.co.za.