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Several of SA’s major banks offer rewards schemes that enable their customers to earn back some of their spending on fuel every month.

Financial services group Sanlam is the latest to offer a fuel rewards programme to customers, just as South Africa’s fuel prices once again shoot past the R20…

South Africa’s fuel prices have hit record highs in November, with analysts expecting a worsening economic scenario in the coming months.  

Fuel rewards at South Africa’s big banks compared Subscribe All of South Africa’s major retail banks have entered into rewards partnerships with service stations, giving their customers cash back or point as a reward for filling up with preferred brands. Banking customers who have been reaping rewards with First National Bank’s eBucks programme over the years would be most familiar with the concept – with Capitec and Nedbank customers the latest to be introduced to the structure. Reward programmes from the big banks are often complex in nature – with different customers falling into...

MONEYWEB app instead? Late-comers offer cashback, but there is better value from rivals. By Moneyweb 23 Feb 2021  00:01  Open: Open: Open: Open: Open: There are advantages to using both a bank rewards programme as well as a retailer one, as you will earn rewards on both. Image: Shutterstock Capitec and Nedbank have both launched fuel rewards, making them the last of the major banks to do so. FNB was the first of the banks to introduce rewards based on fuel purchases as part of its eBucks rewards programme in 2010. Absa and Standard Bank followed with their Absa Rewards and uCount progra...