VIP Greenbacks 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 to certain clients only.
2. Promotion period
The promotion starts on 2 May and ends on 31 December 2025 (promotion period).
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 reside in South Africa;
3.1.3 have a South African ID or be a South African citizen or have permanent residency in South Africa or be a foreign national with valid legal status in South Africa;
3.1.4 receive a SMS, email or Push Notification on the Nedbank Money App from us inviting you to participate in this promotion;
3.1.5 have a Nedbank Pay As You Use, MiGoals, Optimum Current Account or Ordinary Transactional Account;
3.1.6 not be an existing Greenbacks member.
3.1.7 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.
3.2 Our employees (including temporary and contract employees), associated companies, agents, contractors, sponsors, and Nedbank clients with a Savvy Bundle, MiGoals Plus or MiGoals Premium account may not participate in the promotion.
4. The offer
All qualifying participants Greenbacks membership fees will be reversed for the first 3 months only from the time you meet the qualifying criteria.
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 Join the Nedbank Greenbacks rewards programme
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 reverse your Greenbacks membership fees within 30 days after your billing cycle for each month during the first 3 months.
6.1.3 If you do not meet the qualifying criteria in month two or month three from the time you first met the qualifying criteria, you will not receive the offer for the months you do not meet the qualifying criteria.
6.1.4 The offer is limited to the first 3 months of you meeting the qualifying criteria only.
6.1.5 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.
6.1.6 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.
6.1.7 We will give the offer directly to you and not to anyone else.
6.1.8 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.
6.1.9 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/terms and conditions 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 111or email us at NedbankGreenbacks@Nedbank.co.za