Greenbacks Rewards is easy to understand and easy to use. You earn Greenbacks every time you swipe your linked Greenbacks card on eligible spend.
Choose how you spend your rewards, your rewards are automatically loaded onto your FREE SHOP Card which you can use at over 100 000 stores, withdraw as cash from any ATM and even use it overseas…The Choice is yours.
In addition to spending your Greenbacks your way, you can also go online at nedbankgreenbacks.co.za to spend your Greenbacks on anything you like from travel to shopping.
From 1 January 2017 there will be a change to the Greenbacks earn rate on Nedbank Cheque cards.
The change is shown in the table below.
Earn rate comparison table
|Card Type||Greenbacks (GB) earn rate per card type||Consumer and Small Business Services CardsMaximum eligible spend Rand value per month per card to earn Greenbacks||Corporate CardsMaximum eligible spend Rand value per month per card to earn Greenbacks|
|Nedbank credit card||R10 = 2 GB||R10 000||R50 000|
|Nedbank cheque card||R10 = 1 GB||R5 000||R10 000|
|Greenbacks American Express cards||R10 = 4 GB||Unlimited||Unlimited|
The best way to earn rewards Faster is with your Nedbank Greenbacks American Express Card/s
You can earn rewards faster when you swipe your Nedbank Greenbacks American Express Card, and unlimited Greenbacks on all eligible spend.
Your Nedbank Greenbacks American Express Card/s is accepted at over 100 000 stores nationally.
Hundreds of thousands of clients have chosen to earn rewards faster using their Nedbank Greenbacks American Express Card/s, why shouldn’t you?Greenbacks linkage fees from 1 April 2018
|Fee||Consumer and Small Business Services||CorporateCardholder accrues points||CorporateCompany accrues points|
|Monthly linkage fee||R20,18|
|Annual linkage fee||R242,11||R443,86|