Organization : Capitec Bank Limited
Competition Name : MoneyUp Challenge Competition 2021
Applicable For : Citizens of South Africa
Last Date : 31.10.2021
Website : https://www.capitecbank.co.za/
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Capitec Bank MoneyUp Challenge Competition
Capitec Bank MoneyUp Challenge Competition 2021.
The competition will run from 1 April 2021 and close on 31 October 2021.
Who Can Participate?
1. The competition is open to natural persons –
i. Who are citizens, permanent residents or work permit holders, and living in, the Republic of South Africa (“RSA”)
ii. Who are in possession of a valid RSA identity document or driver’s licence or a valid passport endorsed with “permanent resident” status or a valid work permit
iii. Who are 18 (eighteen) years of age or older
2. Directors, members, partners, employees or agents of, or consultants to Capitec or any other person who directly or indirectly controls or is controlled by Capitec and their spouses, life partners, business partners or immediate family members and any other persons directly involved with the deriving, production, management or marketing of the competition are not eligible to participate in or enter the competition
3. Capitec, its affiliates, employees, advertising agencies and suppliers will not be liable for the failure of any technical element relating to the competition that may result in any entry not being successfully submitted
How to Enter?
Step 1 : Create an account on the Live Better Academy (www.livebetteracademy.com), or log in to your existing account, and register for the MoneyUp Challenge
Step 2 : Choose your MoneyUp Challenge category, and commit to a monthly challenge action you will take in your own financial life
Step 3 : Complete the course – depending on the Challenge category you choose, you will need to complete either the Savings, Budgeting, or Credit and Debt course on the Live Better Academy
Step 4 : Monthly check-ins – check in each month to confirm that you have taken the monthly challenge action you committed to take
** To qualify for an entry for grand prize, you will need to check in 6 times during the competition period
** To qualify for an entry for the 3-month prize, you will need to check in 3 times over the competition period
** To qualify for an entry for the monthly prize, you will need to check in during any of the months of the competition period (each check in will entitle you to an entry for that month’s prize)
Step 5 : Maintain proof – should you be selected as the winner for any prize, you will be required to share proof of the actions you have taken
** 3 x R50 000 cash ‘grand prizes’ awarded after 31 October 2021
** 3 X R20 000 cash ‘runner up prizes’ awarded after 31 October 2021
** 3 X R2 000 cash ‘monthly prizes’ every month from April – October 2021
Terms & Conditions
** All valid entries collated will be entered into an automated random draw selection process within 14 (fourteen) business days after the last day of the month or as soon as reasonably possible after the last day of the month
** Winners will be contacted telephonically or by email before the 20th of the following month and in the event that a winner cannot be reached by telephone or email after 3 (three) attempts within 4 (four) weeks from the time of the draw, the promoter reserves the right to draw another winner and the prize will be forfeited by such winner
** Prizes are not transferable or negotiable
** The cash prizes will be deposited directly into a Capitec savings account opened and maintained in the name of the winner within 2 (two) weeks of the winner being successfully contacted
** Capitec reserves the right to substitute any prize with another prize of similar commercial value
** Your entry and/or participation in the competition and/or your acceptance of the prize (in the event that you win a prize) constitutes your binding acceptance of the competition rules