Key product information
- Monthly cashback rewards for digital transactions and debit card use
- Digital channels transactions include bank-to-wallet transactions, wallet-to-bank transactions and airtime purchases
- No monthly maintenance fee
- A free debit card
- Credit interest applies to the balance you maintain
How do cashback rewards work?
With this account, transaction thresholds are based on the type of transaction and the amount. For card transactions, every Platinum Debit Card spend of TZS100,000 is rewarded with one point equivalent to a cashback of TZS500. For every Classic Credit Card spend of TZ100,000 a customer is rewarded with one point equivalent of TZS300. On digital channels, a spend of TZS100,000 rewards the customer with one point equivalent of TZS300, while for an airtime purchase, every TZS10,000 minimum spend provides customer with one point equivalent of TZS100.
- You must have a transactional account (Premier Current Account, Prestige Current Account, or Ultimate Current Account)
- No minimum operating balance is required
- No charges for transactions since this account is specifically for cashbacks from transactional accounts
- No account opening balance is needed