Nedbank Value Added Service Festive competition 2026

Terms and conditions

1. Definitions

The words in the table below mean the following:

2. The promoter

We run this competition and reserve the right to make it available to certain Nedbank clients. 

3. Competition period 

The competition starts on 9 November 2026 and ends on 31 January 2027. 

4. Who may enter the competition

4.1 To enter the competition you must:

4.1.1 be 18 years or older;

4.1.2 be a South African citizen with a valid South African ID, or a foreign national who lawfully resides in South Africa and holds valid documentation evidencing their identity and legal status in South Africa;

4.1.3 be a Nedbank retail banking client with a Nedbank transactional bank account; and

4.1.4 ensure that your account is in good standing.

4.2 Our employees (including temporary and contract employees), non-Nedbank retail banking clients, associated companies, agents, contractors, and sponsors may not enter the competition. 

5. How to enter 

5.1 To stand a chance to win the prize, you must do the following during the competition period:

5.1.1 Purchase any Value-Added Services (VAS) product through the Nedbank Money App, Nedbank Online Banking, or Nedbank Cellphone Banking and you will automatically receive one entry into the relevant monthly prize draw. Each qualifying VAS purchase constitutes a separate entry. All VAS products qualify, excluding LOTTO, PowerBall and Daily LOTTO purchases.

5.1.2 Nedbank Connect customers can earn additional entries into the monthly prize draw by completing any of the qualifying Nedbank connect transactions on Nedbank Money App, Nedbank Online Banking, or Nedbank Cellphone Banking:

• Recharge airtime, data or bundles of more than R60 and earn 2 additional entries.

• Recharge airtime, data or bundles of more than R100 and earn 3 additional entries.

• Activate a new Nedbank Connect SIM card and earn 5 additional entries.

• Complete a Nedbank Connect port-in and earn 3 additional entries.

• Spend more than R250 in total in a month on Nedbank Connect products and services and earn 2 additional entries.

6. The prize

The competition will be conducted over a period of three (3) months. A separate monthly draw will be held to determine the winners of the prizes allocated to that month, as set out in the table below: 

7. Selection of the winners

7.1 The random computer-generated draw to select the winners will take place via Microsoft Teams and will be recorded. The draws will be held on:

• November 2026 entries – 11 December 2026

• December 2026 entries – 12 January 2027

• January 2027 entries – 11 February 2027

10 winners will first be drawn to receive the cash prizes, followed by two (2) winners drawn to receive the mobile phone prizes, and finally two (2) winners drawn to receive the PlayStation 5 (PS5) prizes.

7.2 If you win, the following applies:

7.2.1 You will receive the prize only once we have verified and confirmed your details, including your compliance with these terms and conditions.

7.2.2 Physical prizes: We will call you on the cellphone number that we have on record for you within 10 business days of the draw date to notify you if you have won. You will be required to nominate a Nedbank branch for delivery of your prize, and the branch will contact you once the prize is ready for collection. You must collect the prize from the nominated Nedbank branch, and you must comply with the standard client verification procedures at the branch before the prize is handed over to you.

7.2.3 Cash prizes: The cash prize will be paid directly into your Nedbank transactional bank account within 20 business days of the draw date.

8. Conditions and limitations

8.1 Physical prizes: We will attempt to contact you on the cellphone number we have on record for you a maximum of five (5) times. If we are unable to contact you after the fifth attempt, you will forfeit the prize, and an alternate winner will be selected. If the alternate winner also forfeits the prize, no further redraws will be conducted and the prize will remain unawarded.

8.2 You may earn multiple entries into the competition; however, each participant may win only one (1) prize. Once selected as a winner, you will not be eligible to win any other prize in this competition.

8.3 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.

8.4 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.

8.5 All costs or expenses relating to the prize that have not been mentioned here are excluded.

8.6 We will not be responsible for any delays in your taking up the prize.

8.7 We will not be responsible for any additional conditions that third parties impose.

8.8 We will give the prize directly to you and not to anyone else, and we will not replace physical prizes with cash.

8.9 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 your prize is affected in this way.

8.10 We reserve the right to replace the prize at any time with another of similar commercial value.

9. General

9.1 All the information about the competition, including information that is published on any competition material, is part of these terms and conditions.

9.2 By entering the competition, you agree to be bound by these terms and conditions.

9.3 These terms and conditions are available on our website at nedbank.co.za/termsandconditions throughout the competition period.

9.4 If you win, 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.

9.5 By entering the competition, you acknowledge that your personal information needed for this competition will be shared with us and our agents, but only to the extent necessary for the competition. Your personal information will be used in line with South African consumer and data protection laws.

9.6 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.

9.7 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, damages, costs or death that you or any other person who participates in the prize sustains at any point during the fulfilment of the prize.

10. More information

For more information about the competition, email us at Digitalcompetition@Nedbank.co.za.