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Terms and conditions (competition rules)

1 THE COMPETITION

Nedbank Limited is the promoter (we, us, our) of this competition. 

2 COMPETITION PERIOD

The competition starts at 07h00 on Tuesday, 18 January 2022 and ends at 23h59 on Monday, 25 April 2022 (competition period).

3  WHO CAN AND CANNOT PARTICIPATE

3.1 To enter competition, all participants (you, your) must be:

3.1.1 be 18 years or older; 

3.1.2 have a valid South African identity number; 

3.2 must have or be willing to open a Nedbank transactional account. 

3.3 Although meeting the criteria above, the following persons may not enter the competition: 

3.3.1 Nedbank employees (temporary and contract employees included).

3.3.2 We, our associated companies, agents, suppliers, contractors, and sponsors.

4 HOW TO ENTER

To stand a chance to win the prize, you must: 

4.1. Reply to Nedbank’s weekly competition post on Facebook, Twitter or Instagram, correctly answering the question and using #TakeYourMoneySeriously.

4.2. You can only enter the competition once per week. 

4.3. Participants can only win one prize, and once identified as a winner, their entries will be excluded from subsequent draws, except for the final draw for a grand prize as set out in clause 5.2 below. 

5  THE PRIZES

5.1 Every week during the competition, Nedbank will draw 5 winners, each winner will be eligible for a prize in the amount of R5000.00. The prize will be paid to winners via a Nedbank transactional account within 20 days post weekly draws.

5.2 At the end of the competition, Nedbank will collate all qualifying entries from throughout the competition into one final draw for the grand prize of R100 000, paid into a Nedbank transactional account.  

6 WINNER SELECTION AND PRIZE AWARD

6.1 Weekly draws to select the winners will take place on the following dates via Skype or Microsoft Teams through a random computer-generated algorithm:

*Nedbank will conduct both the draw for the final weekly competition winner, as well as the draw for the  grand prize winner on 28 April 2022.

6.2 If you win, we will contact you post the draw via direct messaging (DM) through your Facebook, Twitter or Instagram account, depending on which social media platform you entered on, informing you of the prize and requesting your full name, identity number, and contact number.

6.3 If a dispute arises, our decision or that of the competition judges will be final and binding on all aspects of the competition, and we will not enter into any correspondence with you.

6.4 You cannot transfer the prize, and if you do not take up your prize, give it up or reject it for any reason, we will have a separate draw to select another winner in terms of this competition.  

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

6.6 We will not be responsible for any delays in redeeming the prize. 

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

6.8 We will not give the prize to a third party. We will give the prize to the verified winner only.  

6.9 We will not be liable for delays or failure to deliver any part of the prize resulting from acts beyond our reasonable control, including acts of God, strikes, lockouts, riots, acts of war, civil disorder, rebellions or revolutions in any country, epidemics, acts of terrorism, vandalism or sabotage, governmental regulations imposed after the fact, communication line failures, power and telecommunications failures, earthquakes, fire, floods or other disasters, and voucher expiry dates. We will notify you as soon as reasonably possible if the prize is affected in this manner. 
6.10 We reserve the right to substitute the prize at any time with another of similar commercial value.

7 GENERAL

7.1 All the information about the competition and information that is published on any promotional material is part of these terms and conditions.

7.2 We, our associated companies, agents, contractors and sponsors will not be liable for any direct or indirect loss or damage arising from your participation in the competition or for any loss or damage, however arising.

7.3 We may ask you to consent in writing to endorse, promote and advertise any of our services without compensation.  

7.4 You may decline our request to use your details or image in marketing material or to participate in marketing of any of our services. Your refusal will not affect the awarding of a prize.

7.5 These competition rules are available at nedbank.co.za/termsandconditions throughout the competition period

7.6 By entering the competition, you agree to be bound by these competition rules. 

7.7 Where applicable, we will not be liable for any accident, injury, harm, death, damages, costs or loss that you or any other person who participates in the prize sustains at any point during the fulfilment of the prize.

7.8 We may terminate the competition immediately and without notice if we must do so because of legislative or regulatory reasons.

8 MORE INFORMATION

For more information about the competition, send an email to MattJ@Nedbank.co.za