Photo- The Equity Bank MasterCard

Equity bank is the largest bank in Kenya in terms of customers base. The bank has branches countrywide where customers can execute their financial transactions. The bank provides a Master Card which is a cashless payment method used for shopping. Instead of carrying huge sums of monies during shopping customers simply carry the MasterCard. The MasterCard processing costs a customer KES 720 only and can be obtained at any Equity branch countrywide.

THE MASTERCARD 100% CASH BACK PROMOTION

To enter this promotion, just use your Equity MasterCard debit Card, Mastercard Platinum, Mastercard World and Mastercard World Elite to pay for goods and services and you could win 100% cash back.

You can pay for goods and services in any outlet that displays the MasterCard or Equity Bank sign E.g. Supermarkets, shops, dukas, clothing stores, restaurants, hotels, bars, petrol stations, chemists, hospitals or online etc.

How to enter into the promotion

Your Equity Mastercard card automatically qualifies you into the promotion. The more you pay with your card the higher your chances of winning.

Offer runs from 28th May 2019 till 9th July 2019

Below are the terms and conditions;

PAY WITH YOUR EQUITY MASTERCARD DEBIT CARD AND WIN TERMS & CONDITIONS

The following terms and conditions apply to the pay with your Equity Mastercard debit card and win Campaign (the ‘Campaign’) organized by Equity Bank (Kenya) Limited (‘Equity’) in partnership with Mastercard which sets out the implementation of the Campaign. By participating in this Campaign, you will be deemed to have read, understood, and agreed to be bound by all the terms and conditions below.

  1. Campaign Period; This Campaign Competition will be run by Equity on Equity Bank Facebook page and Twitter handle, through SMS, Posters and ATMs for a period of 6 weeks and will start on 28th May and end on 9th July 2019.
  2. Offer; Use Your Equity Mastercard Debit Card for all your purchases and get up to 100% cashback. The 100% cashback amount or the Minimum qualification threshold, whichever is lower, will be credited into the selected winner’s operative account, not later than 2 months after the end of the campaign.
  3. Eligibility
    a. By paying with your Equity Mastercard debit card at a Point of Sale (POS) terminal or shopping online with your Equity Mastercard debit card you are deemed to have participated and to have accepted and agreed to be bound by these Terms and Conditions.
    b. The offer is valid for only selected Cardholders to whom the formal offer communication via email and/or SMS on their registered email ID and/or mobile number has been sent by Equity.
    c. Only the following cardholders qualify for the campaign; Equity MasterCard debit Card, Mastercard Platinum, Mastercard World and Mastercard World Elite
    d. The Competition will only be carried out in Kenya and is NOT open to Current or previous Directors and employees (or members of their immediate families) of Equity and of Equity Group Holdings Plc and its’ Subsidiaries and any other supplier or third party directly involved with the facilitation of this Campaign and their immediate families and dependents shall not be eligible to participate in this Campaign.
    e. Cash transactions (ATM & Agent), credits, service charges or adjustments do not qualify as purchase transactions and are therefore not eligible for entry into this Promotion.
    f. Incomplete / rejected / invalid / returned /disputed or unauthorized/fraudulent transactions will not be considered for the offer.
    g. The campaign is only open to Equity customers whose accounts are in good standing, without breach of Terms and conditions or agreements throughout the campaign
    period.

h. To participate in this contest:
 You must be 18 years and over
 Use any of the listed Equity MasterCard Card cards to pay at a POS terminal or shop for goods and services online (either domestically of globally).
i. The prerogative and discretion of choosing the winners rests with Equity Bank (Kenya) and in case of any dispute, the decision of Equity Bank (Kenya) Limited’s shall be final.
j. Equity Bank (Kenya) Limited reserves the right to disqualify the winners (and to select an alternative winner) if aware or has reasonable grounds to believe that a winner is not eligible or has breached any of these Terms & Conditions
k. ATM and Agent transactions do not qualify.
l. Refunded and void transactions will not qualify.

  1. How to Participate
    a. The card holders have been categorized into 2 broad categories based on their spend habits.
     Active customers- These are customers who in the last 12 months have been
    actively using their cards to pay.
     Dormant customers –These are customers who have used their card to make payments for less than 3 times or not used their card to pay in the last 12 months
     In each of the above category customers are segmented into 4 segments i.e.
     Segment A-Customers with Annual Spend from 0 up to KShs 50,000
     Segment B- Customers with Annual Spend from 50,000 up to KShs 100,000
     Segment C: Customers with Annual Spend from 100,000 up to KShs 150,000
     Segment D- Customers with Annual Spend more than KShs 150,000 above
    b. The cardholders who are classified as active customers will qualify for the Spend Stimulation Campaign while the Dormant cardholders qualify for the Dormant Stimulation Campaign
    c. A card holder will only be eligible to qualify in one category
    d. Each time a cardholder spends the minimum threshold for their segment (as outlined in the table below) they gain one entry into the draw. For example, A card user in segment A will only get 1 entry if he spends KShs 3000 -5999, 2 entries for KShs 6000-
    8999, 3 entries for 9000-11999, etc.

e) The more a customer spends the more entries they have into the draw
f) A customer can only win once during the campaign period

  1. Winners
    a. At the end of the campaign period, there will be 700 winners;
    b. Winners will be selected based on the number on entries. For example, there are 120 winners in Segment A. The top 120 card holders will be those with the Highest number of entries
    c. If the eligible card holders have similar entries. Those with the Highest spend on POs will qualify.
    d. However, if there is still a tie, the eligible cardholder with the highest number of entries, and highest spend and highest transaction count will supersede the rest, and be deemed part of the winners
  2. Prizes
    a. A cardholder will win up to 100 % cashback capped to the minimum qualification threshold for the segment the cardholder falls into. For example If you fall in category A, the 100% cash back will be capped at KShs 3,000 for spend stimulation campaign and capped at KShs. 2,500 for dormant activation campaign
    b. Money won will be credited into the customers Equity Bank account within 3 months from when winner is identified
    c. The prize money is not transferable
    d. Winners will be notified via SMS and a list of winners will be posted on Facebook and Twitter
  3. General Terms
    a. By entering the competition winners may be requested to take part in a Campaign activity and Equity (or its appointed agent) reserves the right to use the names and addresses of winners, their photographs and audio and/or visual
    recordings of them in any publicity.
    b. Equity cannot guarantee that the process of this campaign will be without errors or omissions and will not take any responsibility for any loss or damage that may arise thereof.
    c. Equity (or it’s appointed agent) reserves the right to alter, cancel, suspend or terminate the Competition at its own discretion or amend these Terms and Conditions at any time for any valid, technical or commercial reason without prior notice. In such an event, all participants and the winners shall waive and abandon any rights they may have against the Equity.

The contestants will be deemed to have accepted the Terms and conditions as they are published on Facebook or Twitter
d. To the extent permissible in law, participants will have no claims of any nature against the Equity & Mastercard in the event that the competition is altered or cancelled.
e. All Participants and winners hereby indemnify, release and hold harmless the Equity (including its subsidiaries, holding companies and affiliates) and its appointed agent, Equity’s directors, employees, agents, suppliers and contactors from and against any action, claims and or liability for injury, loss or damage of any kind resulting in whole or in part, directly or indirectly from participation in the competition, and or the use, acceptance or possession of prizes.
f. Any violation or attempt to violate any of the above rules may result in the immediate disqualification of the transgressor.
g. Personal information will not be shared with any third party and by entering the competition you consent to Equity or its appointed agent, processing and retaining your personal information for the purposes of this competition or any other legal purpose.
h. The terms and conditions of this competition are governed by Kenyan laws.
i. In the event of any dispute regarding these Terms & Conditions, conduct, results
and all other matters relating to the Competition, the decision by Equity (or its appointed agent) shall be final subject to the applicable laws.
j. In the event that there are any taxes applicable to the prize(s), Equity will deduct the same and remit to the Kenya Revenue Authority or any other tax collection agency. The Winner will be presented with tax withholding certificates where applicable.