Our UCount Rewards Programme has been a long time in the making and is designed to award Standard Bank customers for their loyalty, giving them redeemable points for everyday purchases. Such a comprehensive solution has naturally received all kinds of questions, such as: ‘Why am I charged a membership fee?’
While customers may not always be aware of it, all banks charge a membership fee when you participate in their rewards or loyalty programmes. At just R20 a month or R240 a year, our fee is very competitively priced. For example, Bank A charges R21/R252 a year to participate in their programme, Bank B has an annual credit card linkage fee of R200 and Bank C charges R179 a year.
Why do we charge a membership fee? Quite simply, the membership fee contributes towards the administration of the programme. The UCount Rewards Programme is an opt-in, value-added product that allows members to collect rewards points on every Standard Bank personal debit, credit and cheque card transaction.
So, what’s in it for me? By using your Standard Bank personal debit, credit or cheque card, you can collect up to 10%* back in rewards points on your grocery purchases from the following retailers: • Checkers • Checkers Hyper • Makro • Pick ‘n Pay • Shoprite • Spar • Woolworths
Collect up to 5%* back in rewards points when you use your Standard Bank personal debit, credit or cheque card at of our Participating Rewards Retailers: • Altech Netstar • Clicks • Coricraft • Incredible Connection • Makro • Tiger Wheel & Tyre
Use your Standard Bank personal debit, cheque or credit card at any Caltex Forecourt and collect R1* for every litre of fuel in rewards points. You also collect up to 1.5%* back in rewards points on all your other purchases at any store, simply by using your Standard Bank personal debit, cheque or credit card.