How to Reduce Your Airtime & Data Costs With Spot's Rewards Programme
18 November 2022
Research shows that South Africa’s airtime and data prices still remain the highest in Africa. A total of five countries in Sub-Saharan Africa are among the 50 cheapest in the world, with Ghana ranking 40th overall. The report ranks South Africa at number 135 out of 233 countries. In the United Kingdom, for example, the cheapest unlimited data plans start from £12.50/month (R258,60). Data bundles of 1GB in South Africa cost, on average, R78.50, depending on the mobile network. Sadly, consumers are forced to choose between bread and data because of the already high cost of living in the country.
It is no surprise that 74% of economically active South Africans turn to loyalty programmes in times of economic hardship to take advantage of discounts and promotions. Those findings come from The 2021 South African Loyalty Landscape which examined consumer attitudes to loyalty programmes. The report further indicates that 67% of consumers prefer cashback benefits, as opposed to discount vouchers, travel/flight discounts, etc.
Spot strives to relieve the financial pressure on South Africans by reducing their monthly expenses, bolstering its purpose-driven approach to finance, making consumer lives easier and more rewarding. As part of the brand’s rewards programme, customers who spend using their Spot debit cards receive a 5-10% return in airtime and data when shopping at partner retailers.
How does it work?
Every time you use your Spot debit card, you receive 3.5% back of your spending in the form of airtime and data. There are no voucher codes or clumsy coupons to worry about.
As an example, if you spend R500, you will be rewarded with 3.5% back in airtime, equating to R17,50 airtime.
Customers simply verify their mobile number in the app, then pay as they normally would in-store and online with their Spot debit cards and they’ll earn airtime or data in return.
Spot Airtime Rewards users can also get even more from exclusive partners including Bolt (5% back), Checkers Sixty60 (5% reward), Mr. D (10% back), OneDayOnly (5% reward), ShowMax (10% back), and Takealot (5% reward) with more to come.
Spot started as an open-banking platform and has since grown into an all-encompassing neo-bank driven by the belief that it shouldn’t cost consumers to use banking services. Spot aims to relieve consumers’ financial burden and improve their financial well-being by offering a free platform as the company believes financial inclusivity is paramount to delivering a better economic future for everyone.
Welcome to the future of banking. Spot is your free account for everyday needs. A fast-growing fintech start-up, Spot allows customers to save, spend, and maximise their money all from one app. Spot believes that every person, regardless of net worth, should be treated fairly by a bank that wants them to succeed and that financial inclusivity is paramount to delivering a better economic future for everyone.
Customers are guaranteed safe and secure money management, free payments, no monthly account fees, rewards, and group accounts, all available on one app. Redefining rewards, Spot gives you cashback in the form of data and airtime every time you shop at our partners such as Takealot, Checkers Sixty60, and Mr. D, making paying for airtime and data a thing of the past.
Spot accounts are secured at Bidvest Bank under their banking license, and debit cards are issued by Mastercard, ensuring the highest security standards.