{"id":393346,"date":"2020-04-29T07:36:36","date_gmt":"2020-04-29T05:36:36","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=393346"},"modified":"2020-04-29T11:01:55","modified_gmt":"2020-04-29T09:01:55","slug":"earn-rewards-while-improving-your-money-management-with-old-mutual","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/393346\/earn-rewards-while-improving-your-money-management-with-old-mutual\/","title":{"rendered":"Earn rewards while improving your money management with Old Mutual"},"content":{"rendered":"<p>The Old Mutual Rewards programme is a win-win situation for South Africans.<\/p>\n<p>It rewards customers for good financial behaviour \u2013 meaning that those who use it can simultaneously improve their level of financial education and earn rewards.<\/p>\n<ul>\n<li><a href=\"http:\/\/www.oldmutual.co.za\/rewards?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=29_April_2020\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Click here to join now.<\/strong><\/a><\/li>\n<\/ul>\n<p>It is an incredibly simple process and offers great benefits with no drawbacks \u2013 meaning there is no reason not to sign up.<\/p>\n<p>This is how it works.<\/p>\n<h3 class=\"my-4\"><strong>Sign up<\/strong><\/h3>\n<p>Signing up to Old Mutual Rewards is very easy.<\/p>\n<p>Simply visit this <a href=\"http:\/\/www.oldmutual.co.za\/rewards?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=29_April_2020\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>webpage<\/strong><\/a> and fill in the appropriate details.<\/p>\n<p>You don\u2019t even have to be an existing Old Mutual client to sign up \u2013 anyone can register and access the programme\u2019s great benefits.<\/p>\n<h3 class=\"my-4\"><strong>Earn points<\/strong><\/h3>\n<p>Those who have signed up to Old Mutual Rewards can earn points through a variety of actions and tasks.<\/p>\n<p>These actions and tasks are focused around improving your financial knowledge, and include completing various money management courses, using financial tools and calculators, speaking to an adviser, and requesting a credit report.<\/p>\n<p>A table outlining the full list of earning opportunities, as well as how many points you can earn from each of these activities, is below.<\/p>\n<p>Note that 10 points equals R1, but there are deals available from time to time which could make the points even more valuable.<\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" style=\"width: 100%;\" border=\"0\" cellpadding=\"7\">\n<thead>\n<tr>\n<th style=\"text-align: center;\" colspan=\"2\"><strong>Old Mutual Rewards Points Earning Table<\/strong><\/th>\n<\/tr>\n<tr>\n<td><strong>Action<\/strong><\/td>\n<td><strong>Rewards points<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"70%\">Use financial tools and calculators<\/td>\n<td width=\"30%\">20<\/td>\n<\/tr>\n<tr>\n<td>Complete financial assessments<\/td>\n<td>20<\/td>\n<\/tr>\n<tr>\n<td>Complete Surveys<\/td>\n<td>50<\/td>\n<\/tr>\n<tr>\n<td>Request a credit report<\/td>\n<td>100<\/td>\n<\/tr>\n<tr>\n<td>Refer a friend<\/td>\n<td>200<\/td>\n<\/tr>\n<tr>\n<td>Speak to an adviser<\/td>\n<td>250<\/td>\n<\/tr>\n<tr>\n<td>Complete Moneyversity courses<\/td>\n<td>Up to 750<\/td>\n<\/tr>\n<\/thead>\n<\/table><\/div>\n<\/div>\n<h3 class=\"my-4\"><strong>Moneyversity<\/strong><\/h3>\n<p>One way to earn points is through a learning platform which was built by Old Mutual and is dedicated to helping you manage your money better.<\/p>\n<p>This platform teaches you how to plan for your retirement, invest in property, cope with debt, set up a side hustle, and much more.<\/p>\n<p>As part of the Moneyversity platform, not only will you watch videos; you will also play games, read infographics, and make use of Old Mutual\u2019s financial calculators \u2013 all forming part of a comprehensive learning experience.<\/p>\n<p>You will earn Old Mutual Reward points for the following:<\/p>\n<ul>\n<li>5 points for watching a video.<\/li>\n<li>5 points for reading an article.<\/li>\n<li>5 points for completing a quiz.<\/li>\n<li>10 points for completing a course.<\/li>\n<\/ul>\n<p>In total, there are 750 Old Mutual Rewards points up for grabs \u2013 so get learning!<\/p>\n<h3 class=\"my-4\"><strong>Old Mutual customers earn more points<\/strong><\/h3>\n<p>Old Mutual customers also earn points for holding Old Mutual products.<\/p>\n<p>Points are allocated monthly based on the tier you are on.<\/p>\n<p>Your Old Mutual Rewards tier is determined by the number of financial needs met with Old Mutual:<\/p>\n<ul>\n<li><strong>Tier 1:<\/strong> 0-1 needs met.<\/li>\n<li><strong>Tier 2:<\/strong> 2-3 needs met<\/li>\n<li><strong>Tier 3:<\/strong> 4 needs met<\/li>\n<li><strong>Tier 4:<\/strong> 5 needs met or assets &gt; R25m<\/li>\n<li><strong>Tier 5:<\/strong> 6+ needs met or assets &gt; R50m<\/li>\n<\/ul>\n<p>These tiers are outlined below.<\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" style=\"width: 100%;\" border=\"0\" cellpadding=\"7\">\n<thead>\n<tr>\n<th style=\"text-align: center;\" colspan=\"6\"><strong>Old Mutual Rewards tiers<\/strong><\/th>\n<\/tr>\n<tr>\n<td><em>Note: points earned as % of premium<\/em><\/td>\n<td><strong>Tier 1<\/strong><\/td>\n<td><strong>Tier 2<\/strong><\/td>\n<td><strong>Tier 3<\/strong><\/td>\n<td><strong>Tier 4\u00a0<\/strong><\/td>\n<td><strong>Tier 5\u00a0<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"25%\"><strong>Life insurance<\/strong><\/td>\n<td width=\"15%\">5%<\/td>\n<td width=\"15%\">10%<\/td>\n<td width=\"15%\">20%<\/td>\n<td width=\"15%\">30%<\/td>\n<td width=\"15%\">35%<\/td>\n<\/tr>\n<tr>\n<td width=\"25%\"><strong>Savings, investments and lending<\/strong><\/td>\n<td width=\"15%\">0.5%<\/td>\n<td width=\"15%\">1.5%<\/td>\n<td width=\"15%\">2.5%<\/td>\n<td width=\"15%\">3.5%<\/td>\n<td width=\"15%\">5%<\/td>\n<\/tr>\n<tr>\n<td width=\"25%\"><strong>Funeral cover<\/strong><\/td>\n<td width=\"15%\">5%<\/td>\n<td width=\"15%\">15%<\/td>\n<td width=\"15%\">25%<\/td>\n<td width=\"15%\">35%<\/td>\n<td width=\"15%\">50%<\/td>\n<\/tr>\n<tr>\n<td width=\"25%\"><strong>Short-term insurance<\/strong><\/td>\n<td width=\"15%\">2.5%<\/td>\n<td width=\"15%\">5%<\/td>\n<td width=\"15%\">10%<\/td>\n<td width=\"15%\">15%<\/td>\n<td width=\"15%\">20%<\/td>\n<\/tr>\n<\/thead>\n<\/table><\/div>\n<\/div>\n<h3 class=\"my-4\"><strong>Rewarding members even more with Money Account<\/strong><\/h3>\n<p>Old Mutual Rewards members with a Money Account receive points for swipes on your Money Account.<\/p>\n<p>Points are awarded at a rate of 1% of spend on each Money Account swipe. In other words, members will receive one point for every R100 spent.<\/p>\n<p>To maintain their Money Account tier, you only need to have a minimum deposit of R2500 per month, swipe your card five times in the previous month (for a minimum of R100 each) and have one debit order coming off your account.<\/p>\n<h3 class=\"my-4\"><strong>22seven<\/strong><\/h3>\n<p>Old Mutual Rewards further provides members with financial tools that empower them to manage their money better and improve their budgeting skills through 22Seven.<\/p>\n<p>22seven assists you in drawing up your monthly budget, tracking your expenses and setting your financial goals &#8211; all while earning points along the way.<\/p>\n<h3 class=\"my-4\"><strong>Spending your points<\/strong><\/h3>\n<p>Once you have earned your points, you can spend them at a variety of businesses and organisations with which Old Mutual has partnered.<\/p>\n<p>These include restaurants, supermarkets, pharmacies, clothing shops, mobile networks, Uber, charities and even movie houses.<\/p>\n<p>Some recommended ways to spend your points include:<\/p>\n<ul>\n<li><strong>Invest your points<\/strong> \u2013 You can add your points towards selected <a href=\"https:\/\/secure.rewards.oldmutual.co.za\/web\/om\/invest?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=23_April_2020\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Old Mutual products<\/strong><\/a> you own.<\/li>\n<li><strong>Make purchases<\/strong> \u2013 You can <a href=\"https:\/\/secure.rewards.oldmutual.co.za\/web\/om\/vouchers?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=23_April_2020\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>buy vouchers<\/strong><\/a> or <a href=\"https:\/\/secure.rewards.oldmutual.co.za\/web\/om\/spend-in-store?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=23_April_2020\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>spend<\/strong><\/a> your points at certain Old Mutual partners. For the latter, you will receive a unique QR code to use at the till point.<\/li>\n<li><strong>Donate<\/strong> \u2013 You may use your points to donate to <a href=\"https:\/\/secure.rewards.oldmutual.co.za\/web\/om\/donate?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=29_April_2020\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>selected charities<\/strong><\/a>.<\/li>\n<li><strong>Buy airtime and data<\/strong> \u2013 You can spend you points on airtime, data, and SMS bundles with Vodacom, MTN, Telkom, and Cell C.<\/li>\n<\/ul>\n<p>In addition, Old Mutual Rewards members qualify for special discounts which will automatically be applied to their travel bookings.<\/p>\n<p>This entitles you to R150 off any domestic flight bookings, or R250 off any international flight bookings. T\u2019s and C\u2019s apply.<\/p>\n<p>There really is no reason to delay \u2013 <a href=\"http:\/\/www.oldmutual.co.za\/rewards?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=29_April_2020\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>sign up to the Old Mutual Rewards programme today!<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Old Mutual Rewards programme is a win-win situation for South Africans.<\/p>\n","protected":false},"author":57,"featured_media":393348,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[26,1110],"class_list":["post-393346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-headline","tag-old-mutual"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/393346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=393346"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/393346\/revisions"}],"predecessor-version":[{"id":393542,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/393346\/revisions\/393542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/393348"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=393346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=393346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=393346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}