LOTUS Bank Unveils ‘Bank Your Way to Millions’ Campaign: A Reward Season for Customers
LOTUS Bank is proud to announce its latest customer-centric initiative, the “Bank Your Way to Millions” campaign. This exciting promotion is designed to reward customers for their savings and financial transactions through our digital channels. The campaign offers a variety of substantial daily, weekly, and monthly prizes aimed at promoting the financial wellbeing of our customers.
Campaign Reward Structure:
Under this campaign, customers shall be rewarded in three ways as shown below:
• 3 free transfers per day and 90 cumulative free transfers per month.
• N500 for each new customers referred to the bank and
• Eligibility to participate in draws to win weekly and monthly prizes for savings maintained with the bank and transactions on our Digital Channels.
The promo reward details are as follows:
Customers who successfully refer a new customer shall receive N500 per new customer referred! The more customers you refer, the more N500 you earn.
Weekly Reward: New and existing customers with minimum of N5,000 balance and minimum of 3 transactions per week on the Mobile App, USSD, POS, ATM, or Card qualifies for a draw to win N100,000 (One Hundred Thousand Naira only), with 5 winners announced weekly.
Monthly Prizes: All customers with average balance of N10,000 and minimum of 10 transactions in the month, on the Mobile App, USSD, POS, ATM, or Card shall qualify for a draw to win a prize of N1,500,000 at the end of the month (One Million Five Hundred Thousand Naira only).
Grand Prizes: All customers with average balance of N20,000 and minimum of 30 transactions in 3 months, on the Mobile App, USSD, POS, ATM, or Cardshall qualify for a draw to win the grand prize of N3,000,000(Three Million Naira only) at the end of the 3 months period.
Eligible Transactions
Eligible transactions mentioned in the weekly, monthly, and grand finale draws above are:
Minimum of 200 Naira airtime or data purchase on the Mobile App or USSD
Bill payments on the Mobile App or USSD
Card Payments on POS or Web and Funds transfers on USSD and Mobile App.
Referral Procedure
Existing customers shall refer a new customer by Clicking on the ‘Refer and Earn’ menu on the landing page of the Mobile App and share their referral codes with friends and families through Whatsapp and other social media platforms. The referral code has been automatically assigned to all customers on Lotus Mobile App.
The number of new customers successfully referred is displayed on the ‘Refer and Earn’ dashboard of each customer and the referral bonus of N500 each shall be credited to the referrer account at the end of the day.
LOTUS Bank is setting a new standard in customer engagement with its “Bank Your Way to Millions” campaign. In a landscape where customer loyalty is paramount, LOTUS Bank’s initiative not only incentivizes savings but also create a tangible path for financial growth and prosperity. This campaign exemplifies how innovative banking strategies can have a profound impact on customers’ financial habits, encouraging a culture of savings and cashless transactions in line with the CBN financial inclusion and cashless agenda.
LOTUS Bank’s commitment to rewarding its customers is a refreshing and commendable approach, promising to redefine the banking experience in Nigeria.
