Loyalty rewards help stretch Covid rand

Trading in points for cash has increased in popularity

10 January 2021 - 00:07 By JANE STEINACKER

Many cash-strapped consumers turned to loyalty programmes last year to stretch their spending power.

Johan Moolman, CEO of eBucks Rewards, said since the start of lockdown, the 7.4-million registered eBucks users spent more than R740m on essentials such as fuel, groceries, airtime and data as well as other day-to-day necessities, helping them to stretch their monthly budgets...

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