Polaris Bank to reward customers in ‘Save & Win’ promo

Polaris Bank says it has commenced a nationwide savings campaign tagged ‘Save & Win’ promo to reward loyal customers.

In a statement on Sunday, the bank said it would give cash rewards to its loyal and prospective customers who would partake and emerge winners in the promo.

Polaris Bank said the campaign started on October 1, 2022, and will run till September 30, 2023.

It said four millionaires will emerge alongside 4,379 Nigerians who will be rewarded with other cash gifts from N100,000 up to N500,000 per person in a monthly, quarterly and special draws over the 12-month period.

“The ‘Save & Win’ promo is aimed at making millionaires of everyday Nigerians by encouraging current customers of the bank to grow their existing accounts by N5,000 in 30 days while prospective customers are encouraged to open and save in their account, a minimum of N2,000 and grow it to N5,000 within a month to qualify for the monthly draws, and stand a chance of winning N100,000,” the statement reads.

“For the quarterly draw, existing and prospective customers stand the chance of winning N1 million in rent as first prize; N500,000 for first runner up and N250,000 for second runner up within the promo period.

“The first draw, which will herald the first set of winners for the month of October, will be announced in the first week of November. On that day, the first set of winners, 62 in all, will receive N100,000 as their reward in commemoration of the 62nd independence anniversary of Nigeria.

“The same process will be repeated in subsequent months where 100 Nigerians will win N100,000 each.

“In December however, the first quarter of the campaign draw will hold where three winners will go home with N1 million in rent prize: N500,000 and N250,000 cash prizes alongside 100 winners of N100,000 each across the six geo-political zones in the monthly reward draw.”

The bank said there will also be special draws for Nigeria’s independence, Christmas, Valentine, Easter and Eid-el-Kabir seasons.

It added that the campaign has a targeted draw component where 200 winners comprising of artisans, trade association members will emerge per month (10 winners per cluster with 20 clusters activated every month).

Kicking off the campaign, Adebimpe Ihekuna, group head, product and market development, Polaris Bank, said the essence of the exercise is to give back to customers and encourage savings amongst Nigerians.

The campaign, she explained, is a reward for the traders, artisans, public servants and indeed professionals who despite the challenging times are able to put aside some money.

She said in challenging times, there is a compelling need to save, not only to win a prize, but also to plan for the rainy day.

Speaking on the dynamics of the campaign, Ihekuna said both current and new savings account customers of the bank are eligible to participate in the promo.

“Winners will emerge from four routes or reward categories namely, monthly draws, quarterly draws, targeted draws and special draws through a transparent electronically generated process that will be supervised by relevant regulatory institutions,” she added.