Rich South Africans are buying homes in one of the safest countries in Africa
More wealthy South Africans are buying homes in Namibia, ranked as one of the safest countries in Africa, for tax benefits and permanent residency.
The companies explained that Shoprite, which owns brands like Checkers, Uniq, Sixty60 and Usave, has been added to Absa’s Rewards programme to bring additional rewards to even more South African shoppers.
This new partnership will launch on 16 August and will allow eligible Absa cardholders to earn cash back at Shoprite, Checkers, Checkers Hyper, LiquorShop, and via Sixty60.
Members of Absa Rewards will earn up to 60% cash back during the two-month launch period, and up to 30% thereafter, depending on the tier level.
Following this two-month launch promotion, reward amounts will revert to 30%, in-store and online, depending on a customer’s rewards tier.
The companies clarified that there are no vouchers or points – customers receive real cash back paid monthly into their Absa Rewards wallet to spend or save.
“This new agreement is part of the Shoprite Group’s continued efforts to unlock meaningful rewards for its customers at scale by aligning with banks and services its shoppers already use,” the retailer said.
“Spend data from Absa confirms that Shoprite and Checkers represent the highest category of retail spend among its customers. Checkers Sixty60, the fastest-growing delivery service in South Africa, is also popular among Absa clients.”
“Rewards from other ecosystem partners like these also complement the group’s award-winning Xtra Savings rewards programme – that continues to deliver over R1billion in instant cash savings every month – making groceries and essentials consistently more affordable.”
Shoprite said customers can register for Absa Rewards via the Absa Banking App and start earning from 16 August.
However, it specified that purchases must be made with eligible Absa cards and are capped at R3,000 per accrual cycle. Cashback applies both in-store and online.
Issued on Daily Investor by Blanke Neethling | https://dailyinvestor.com/retail/97801/absa-clients-can-earn-up-to-60-cash-back-on-their-checkers-and-sixty60-shopping/
