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.
Do I need an ALAT Account
Yes, you must be banking with ALAT. All new and existing individual savings and current account holders are eligible to participate in this Promo.
What Type of transactions do I need to do to qualify for the Promo
Cash transfers, Airtime recharge, Data purchase, Bill payments.
What Transaction Channels can I use
ALAT, USSD (*945#) or by using your Wema Bank debit card on ATM or POS for any of the qualifying transactions.
How Long is the Promo running for and when do Draws Happen?
The promo started on June 1st and would run for 7-month period. Draws will hold every month starting in July.
What are the Prizes and how many winners monthly
We will be rewarding 77 customers monthly as follows:
- N1,000,000 Grand prize - 2 Customers monthly
- N100,000 cash prizes - 20 Customers monthly
- N10,000 Consolation Prizes - 55 customers monthly
Can I win more than once?
Yes! You can win more than once. Simply ensure you meet the requirements monthly. Multiples deposits of N5,000 and 5 transactions increase your chances of winning monthly.
I have not used my account in a long time , can I still qualify?
Yes. We would love to have you back! Simply reactivate your account and meet the requirements to qualify.
I do not have internet banking. Do branch Transactions with Wema Bank count?
Branch transactions do not count. However, we would love to have you join the ALAT Trybe. Simply download ALAT on your App store or sign up for our USSD service by dialling *945# and start transacting.
How can I qualify for the Promo
For you to qualify for the 5for5 Promo, you must fund your account with a minimum of N5,000 and carry out 5 transactions on any of the bank’s alternate channels - ALAT, USSD, POS, ATM. Also note that at the end of each month, you must also have a balance not less than N5,000 in your