Nedbank unveils Bulls Eye promotion


One of the country’s commercial banks, Nedbank, on Friday unveiled a new promotion in which lucky new and existing customers stand a chance of winning a share of K5 million.

Launching the promotion in Limbe, Nedbank Business Development Manager, Tidzi Chalamba, said the promotion is aimed at inviting prospective customers to bank and transact with the institution by opening a current account in addition to encouraging new and existing customers to use the bank’s internet banking and visa cards.

“As you know by now, Nedbank has one of the best internet banking platforms in Malawi and the award that we received from Global Banking and Finance Review is a true testament to that.


“In addition, our Visa debt card can be used to withdraw cash, shop at any Visa enabled ATM and Point of Sale device. So through this campaign we would like to encourage our customers to use these alternative self service channels,” said Chalamba.

He observed that, as part of the promotion, new and existing customers will have a rare opportunity to get a free Nedbank Visa debt card and free internet banking subscription up t December 31.

Chalamba added that customers who move their salaries to Nedbank will be eligible for quick personal loans.


“This promotion runs from September 5 to December 20. To enter, new customers need to open and use a current account that will be funded throughout the campaign period. New customers are also required to subscribe and use internet banking and acquire and use a Nedbank Visa debt card in addition to a cheque book.

“Existing Nedbank retail customers who have any transactional account such as saving, current Ned Save or student account are required to subscribe and use the internet banking and acquire and use a Nedbank Visa debit card,” Chalamba said.

Nedbank, according to Chalamba, will conduct six fortnightly draws.

During each draw five people will walk away with K100,000 each.

“We will also have a mid promotion draw where one person will win K1 million. At the end of the promotion, in December, one winner will also walk away with K1 million,” said Chalamba.

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