Greenbacks towards your investment promotion
Terms and conditions
1. The promoter
Nedbank Limited, registration number 1951/000009/06 (we, us, our), runs this promotion. We reserve the right to make it available only to Nedbank Greenbacks members.
2. Promotion period
The promotion will start and end at midnight on the same day on the following dates (promotion period):
- 5 July 2024
- 12 July 2024
- 19 July 2024
- 26 July 2024
3. Who can and cannot participate in the promotion
3.1 A participant (you, your) must:
3.1.1 be 18 years or older;
3.1.2 have a South African ID;
3.1.3 be a registered member of the Nedbank Greenbacks programme; and
3.1.4 ensure that all your Nedbank accounts are in good standing, which means that your accounts may not be in arrears or have been handed over for legal collection. If your accounts are not in good standing, you will not be able to participate in this promotion.
3.2 Our employees (including temporary and contract employees), associated companies, agents, contractors, and sponsors may not participate in the promotion.
4. The offer
4.1 If you participate in the promotion, you stand a chance to double the value of your Greenbacks redemption.
4.2 This offer is limited to the first 100 participants. As soon as the limit has been reached, the offer will no longer apply, even if you have qualified.
4.3 The Greenbacks redemption value that will be matched is capped at R500, per participant.
5. How to qualify for the offer
5.1 To qualify for the offer, you must do the following during the promotion period:
5.1.1 Redeem your Greenbacks into your Just Invest, 32 Day notice, Platinum Invest, Money Trader notice investments or Unit Trust account.
6. How the offer is given out
6.1 If you qualify for the offer, the following applies:
6.1.1 You will receive the offer only after we have verified and confirmed your details, including your compliance with these terms and conditions.
6.1.2 We will SMS you on the cellphone number that we have on record for you within 10 business days, advising you that you have qualified for the offer, after the promotion has ended.
6.1.3 The Greenbacks will be credited to your Greenbacks account within 45 business days.
6.1.4 We will not be responsible for any technical failures affecting your participation in the promotion or if your entry has been left out from participation.
6.1.5 If a dispute arises, our decision will be final and binding on all aspects of the promotion, and we will not discuss the matter further.
6.1.6 All costs or expenses relating to the offer that have not been mentioned here are excluded.
6.1.7 We will not be responsible for any delays in your taking up the offer.
6.1.8 We will not be responsible for any additional conditions that third parties impose.
6.1.9 We will give the offer directly to you and not to anyone else, and we will not replace it with cash.
6.1.10 We will not be liable for delays or failure to deliver any part of the offer resulting from acts beyond our reasonable control. We will let you know as soon as reasonably possible if the offer is affected in this way.
6.1.11 We reserve the right to replace the offer at any time with another of similar commercial value.
7. General
7.1 All information about this promotion, including information that is published on any promotional material, is part of these terms and conditions.
7.2 By participating in the promotion, 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 promotion 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 offer.
7.5 By entering and participating in this promotion, you acknowledge that your personal information needed for the promotion will be shared with us and our agents, but only to the extent necessary for this promotion. 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 promotion 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 promotion 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 promotion, 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 offer.
8. More information
For more information about the promotion, call us on 0800 555 111.