Standard Bank brings Xmas excitement: Offers free VISA shopping up to K1mil for Malawi customers
Standard Bank has raised the festive season excitement tempo by launching an inclusive VISA debit card promotion that aims to encourage Malawians to go smart when shopping by using their ATM cards.
The launch saw a Lilongwe shopper, Purity Chitalo winning free shopping worth of K1 million at the Old Town Game Store, while two other customers had the same opportunity at Game and Chipiku stores in Blantyre and Mzuzu, respectively.
“I’m overwhelmed by this chance! I can’t believe this is happening to me,” said Chitalo, an employee of mobile telecoms operator TNM in the administrative capital.
Standard Bank Head of Personal and Business Banking Dr Margaret Kubwalo-Chaika said the promotion, dubbed #Cashback aims to give the bank’s customers an opportunity to maximize the use of their VISA debit card when shopping during Christmas, New Year and beyond.
She said it is open to customers of other banks who hold VISA debit cards as long as they swipe them on Standard Bank Point of Sale (POS) devices available in Malawi’s leading retailers.
“This promotion is a continuation of our bank’s effort to deliver convenience, unparalleled security and comfort to our customers and those of other banks holding VISA ATM cards. No need to move around with bulk cash this Christmas,” she said.
Interestingly, the winner at the Lilongwe Game store where the promotion was launched is a National Bank customer.
“We are promoting financial inclusiveness as Visa card holders from other banks are free to swipe on Standard Bank’s POS to stand a chance of winning and enjoying this festive season experience,” she said.
The promotion will see customers who use VISA cards at Game, Chipiku, Sana and Shoprite winning K100,000 worth of shopping every week until February, including surprise “trolley-dash” wins on random weeks.
Dada Zoona, you have completely missed the point. The bank is not prescribing the amount you spend in the shop. The 1million is what the bank gives you. That means you can win even after spending a mere mk10,000 as long as you swipe on the POS device
Good idea at a bad time. Good idea: The world is going going digital in terms of money. Bad timing: Who in Malawi has this kind of money for shopping? Who in Malawi has forgotten that it is these same banks that flouted procedures and allowed cashgaters to encash huge cheques?