Wema Bank Launches Season 4 of Its 5 for 5 Promo Reward Initiative on October 1st

Wema Bank, a leader in innovation and the creator of Africa’s first fully digital bank, ALAT, is gearing up to launch the fourth season of its impactful reward initiative, the Wema Bank 5 for 5 Promo, starting Tuesday, October 1, 2024.

Launched in 2021, the Wema Bank 5 for 5 Promo was designed to recognize and reward the bank’s loyal customers for their continued engagement with its products and services. This initiative features live draws conducted in accordance with strict regulations, selecting winners from a pool of active customers based on specified transaction criteria. Qualification thresholds are as low as N5,000 in monthly transactions, making it accessible to a broad audience.

To date, the promo has awarded over N150 million to 2,378 Nigerians across all six geopolitical zones. In the first season, 639 customers won N31.5 million; in the second season, 539 customers won N31.85 million; and the third season, which ran from August 2023 to July 2024, saw 1,200 winners taking home N90 million. As anticipation builds for the new season, Wema Bank encourages customers to obtain a debit card or register on the ALAT app and *945# to participate.

Moruf Oseni, MD/CEO of Wema Bank, emphasized the initiative’s importance for customers, stating, “At Wema Bank, we have made it a duty and core value to provide optimum returns for our customers. This commitment is evident in all that we do as a Bank. ‘Optimum returns’ for Wema Bank is limitless, which is why we continue to raise the bar and set new standards, innovating new and improved ways to provide a highly rewarding banking experience for our customers.”

He further noted, “The past seasons of the Wema Bank 5 for 5 Promo have been highly successful, but I can assure you that the coming season will be the biggest in 5 for 5 Promo history to date. We are, yet again, raising the bar, and with more to win this season, every Wema Bank customer is in for a treat. It’s beyond the rewards customers are getting. With the 5 for 5 Promo, we are telling customers that we’re grateful, showing them that we care, and empowering lives and businesses to thrive.”

Oseni added, “Through this initiative, we have made undergraduate millionaires, established businesses across Nigeria, boosted existing ventures despite economic fluctuations, and given hope to Nigerians of various ages and walks of life. This season, we are more than prepared to exceed all milestones, break new ground, and transform more lives for the best.”

The fourth season of the Wema Bank 5 for 5 Promo kicks off on October 1, featuring a special Independence Day live draw to launch the festivities. “I welcome every Nigerian to Wema Bank and encourage all to get on ALAT, request a Wema/ALAT card, or onboard on *945# and get ready for an intriguing new 5 for 5 Promo Season, bigger than ever before,” Oseni said.

This season promises to be a transformative experience, with every Nigerian eligible to win significant rewards by becoming a Wema Bank customer and using the approved transaction channels, including the ALAT app, Wema/ALAT card, and the bank’s USSD platform, *945#. All qualifying transactions made from October 1, 2024, are in the running for substantial prizes. T&Cs Apply.