In its new promotion called Cash Pendence, MyBucks Banking Corporation (formerly NFB) has put together cash prizes of K500,000, K200,000, and K50,000 to be won monthly, while the grand prize is a whopping K2 million.
The promotion with a catch phrase “celebrate your independence in cash”, involves customers depositing and maintaining a minimum balance of K200,000 for 3 months to qualify for the grand draw. Qualifying for the monthly draw will involve customers depositing and maintaining a minimum balance of K20,000 for one month.
The promotion serves as the first since the bank announced a merger on 4th April this year. The Chief Executive Officer of the newly established MyBucks Banking Corporation, Zandile Shaba, described the merger as a very exciting development. “We are geared towards taking the customer experience to the next level as we bring on board all of our parent company’s technology, while expanding our reach to the unbanked.” she said.