What’s coming?
Unlock real savings when you use your Greenbacks-linked Amex card. The higher your Greenbacks level, the more your everyday spend works for you. No lifestyle changes needed.
Grocery benefits: Bigger rewards on your everyday basket
Grocery rewards apply at participating Checkers group stores only: Checkers, Checkers Hyper, UNIQ, Checkers Outdoor, LittleMe and Petshop Science
Important to know
- You can earn up to 30% cashback in Greenbacks depending on your Greenbacks level.
- You must use your Greenbacks-linked American Express® card.
- If you use your Visa and Mastercard, you will earn Greenbacks at the regular rate.
- Level 1 and 2 members will earn on regular spend only, and not the enhanced grocery earn.
- If you are on Level 3–5, you will earn Greenbacks at the enhanced earn and have a spend cap of R2 000 per month.
- You can qualify for the bonus earn rate which has a spend cap of R5 000, provided that you consistently fulfil the behaviours as described under the heading, Bonus: Maximum rewards on groceries.
- Once you have reached the spend cap for grocery enhanced earn, you will continue to earn at the regular earn rate which can be up to 2% cashback for swiping a Greenbacks-linked American Express card.
Breakdown of the regular earn and enhanced earn rates:
Earn type: Levels 1 – 2 |
Amex Credit |
Amex Debit |
Visa Credit |
Visa Debit |
|---|---|---|---|---|
0.3% |
0.3% |
0.2% |
0.1% |
|
0.5% |
0.5% |
0.4% |
0.2% |
Earn type: Level 3 |
Amex Credit |
Amex Debit |
Visa Credit |
Visa Debit |
|---|---|---|---|---|
1% |
1% |
0.6% |
0.3% |
|
2% |
1% |
- |
- |
Earn type: Level 4 |
Amex Credit |
Amex Debit |
Visa Credit |
Visa Debit |
|---|---|---|---|---|
1.2% |
1.2% |
0.8% |
0.4% |
|
5% |
2.5% |
- |
- |
Earn type: Level 5 |
Amex Credit |
Amex Debit |
Visa Credit |
Visa Debit |
|---|---|---|---|---|
2% |
2% |
1% |
0.5% |
|
20% |
10% |
- |
- |
Earn type: Level 5 Bonus |
Amex Credit |
Amex Debit |
Visa Credit |
Visa Debit |
|---|---|---|---|---|
30% |
15% |
- |
- |
Level 5 Bonus: Maximum rewards on groceries
What you need to qualify
You must:
-
Spend at least R60 000 over rolling 3 months using your Greenbacks-linked American Express® Credit Card
-
Use a Greenbacks‑linked Amex Credit Card.
-
Be on level 5 for rolling 3 months.
-
Hold a Private Wealth Bundle or Pay-as-you-use account for rolling 3 months or longer.
Don’t have an Amex Debit or Credit Card? Speak to your banker.
Application for an American Express® Credit Card is subject to a credit assessment and approval by Nedbank.
How you can benefit
If you're currently on a lower level, now is the perfect time to increase your engagement, move up the levels and unlock enhanced grocery earn. Remember the more goals you achieve monthly, the higher your level.
Here is one of the ways to move up your level.
-
Level 1
Maintain a transactional account
-
Level 2
Achieve a booster level
-
Level 3
Transact with your card
-
Level 4
Personal loan, vehicle loan, home loan or overdraft
-
Level 5
Maintain a savings or investment account