The 5 for 5 promo is a reward scheme recently introduced by the Bank, to reward loyal customers, encourage a healthy savings culture and renew relationships with old customers.
Are there other incentives?
Yes, there is a weekly giveaway, 50 customers will be rewarded weekly with N5,000. This is to reward customers who fund their account with N5000, carrying out a minimum of 5 transactions on either ALAT or USSD during the week.
How will the draw be conducted?
The draw will be conducted electronically from the scheduled draw location.
What is the eligibility criteria to participate in the promo?
For new, existing, and newly reactivated account holders.
- Fund account with N5,000
- Average balance of N5,000 monthly
- Minimum of 5 transactions on either ALAT or USSD monthly
- Fund account with at least $200 monthly
- Request and activate your USD card
- Maintain an average balance of $200 monthly
How many winners will be selected monthly?
120 Winners will be selected monthly through electronic draws. (2 lucky winners will win N1m each, 8 lucky Domiciliary customers will win N250,000 each, 30 lucky customers will win N100,000 each, while 80 lucky customers will win N25,000 each)
Is it possible for a customer that won in season 1 & 2 to win in season 3?
Yes, it is possible. So long as the customer meets the promo criteria monthly.
Is it possible for a customer to win every month, throughout the promo period?
Yes, it is possible. So long as the customer meets the above criteria monthly.
Promo duration?
The promo will run for 10 months starting from July 1, 2023, to April 30, 2024
Who qualifies for this promo?
Both New and Existing customers of the bank with the following account types:
Individual Savings Account, Wema Treasure Account, Prestige Current Account, Purple Account, Tier 1, Tier 2, Salary savings and current account, Current Account and ALAT Account
What is the 5for5 Season 3 Promo About?
It is a promotional campaign targeted at rewarding customers for saving and transacting on their respective bank accounts.
What if I have multiple focus accounts and they each meet the set criteria, does that mean each account will qualify for the draw?
Yes, they will.
The 5 for 5 promo is a reward scheme recently introduced by the Bank, to reward loyal customers, encourage a healthy savings culture and renew relationships with old customers.