Absa Dynamic Competition Ts & Cs

Terms and Conditions

1 All persons participating in or benefiting from this competition (“the entrants”) will be bound by and subject to the rules set out in these competition terms and conditions. A copy of these competition rules is available to all entrants and can be downloaded from the participating radio station links.

2 The organiser of this promotion is Absa and for the purposes of this promotion, Absa means Absa Bank Limited (registration number 1986/004794/06), all subsidiaries and associates of Absa Bank Limited.

3 The entrant acknowledges that they have been given enough time to read these terms and conditions before entering into this competition. This competition starts on 19 May 2023 at 00:00 and ends on 26 May 2023 at 23:59, both days included (“promotional period”). Absa reserves the right to cancel, change or extend this period in its sole discretion, without any further notification.

Method of Entry

4 The preselected radio stations will announce the competition and direct entrants to the social media sites (FaceBook, Twitter or Instagram) provided by the radio station that the entrants must use to enter the competition, using the hashtag provided #AbsaDynamic.

5 To participate in the competition, entrants will be required to answer a question on the radio station’s social media site, replying with the hashtag provided #Absa Dynamic.

6 The contestant must submit an answer to the question with the hashtag provided by the preselected radio station and give a reason why the contestant needs to start saving or what the contestant’s end goal is.

7 If a winner qualifies and they are an Absa customer and registered for Absa Rewards, they stand a chance to win an additional R5 000 (five thousand rand) for entrants selected as winners by the radio station, and: 7.1 R5000 for entrants selected as winners by the radio station; and 7.2 An additional R5 000 (five thousand rand) if the winner is a registered Absa Rewards customer, making their total winnings R10 000 (ten thousand rand) only; and 7.3 Clauses 7.1 and 7.2 above are subject to clause 26 below.

Rules of the Competition

8 The competition starts on 19 May and ends on 26 May 2023.

9 To qualify, an entrant must be 18 years or older, be a South African citizen with an original green bar-coded identity document/smart ID card or valid passport.

10 There will be one winner selected per day on each radio station during the competition from 22 May to 26 May 2023 between 15:00 and 19:00. The radio station reserves the right to select the winner.

11 Once the winner is selected per radio station, the winner is not allowed to enter the competition again during the competition period.

12 Absa, its directors, members, partners, employees, agents or consultants, the suppliers of goods or services and their respective spouses, life partners, business partners or immediate family members, are not permitted to participate in this competition.

13 Incomplete or illegible entries, bulk entries, entries from third parties and entries that do not satisfy the requirements of these terms and conditions in full, will be disqualified and will not be considered.

14 The winner will be chosen from all qualifying entrants based on their responses to the question and how they met the rules of the competition by the radio station.

15 Each radio station will choose its top five winners and notify each winner. Absa Bank is not liable to contact any winners at this stage. On being contacted by the radio station, the winner must provide their name, surname and identity number.

16 If the winner cannot be contacted on the day of the draw, a new winner will be selected.

17 If the prize is declined or if the winner cannot be contacted on the details supplied on their submission on the) of the draw date, a replacement winner will be drawn at the radio station’s discretion and the replacement winner will be notified by the radio station via the winner’s preferred method of communication and the winner contact process will be followed. The same process will be followed if the replacement winner also declines, the prize is unclaimed or the replacement winner cannot be contacted.

18 The winner list and details will be supplied to Absa Bank from the radio stations on 29 May 2023. This will include the name, surname and identity number of the customer.

19 By entering this competition, the winners consent that the radio station can share their personal information with Absa bank.

20 The winner will have to provide any additional documents required by Absa to claim the prize on contact from Absa Bank. This will include a copy of the winner’s identity document and proof of residence.

21 The selected winner will be required to open a 12-month Absa Dynamic Fixed Deposit Account or Islamic Dynamic Deposit Account to receive the prize. Prizes cannot be transferred to any other account.

22 Absa will contact the winners via their cellphone number and assist them to open the account within 20 (twenty) business days from when the winner list is supplied from the radio stations. If the customer is not contactable within the 20 (twenty) business days, the prize will be forfeited.

23 Winners with a valid passport will be contacted by Absa Bank to set up an appointment at their nearest branch.

24 On opening the account, the winner must agree to the product terms and conditions. To view these, click here: Terms and conditions of Dynamic Fixed Deposit and Islamic Dynamic Deposit Account Campaign.

25 The prize money cannot be transferred into any other account except the account that is required to be opened.

26 By entering the competition and accepting the prize, the Dynamic Fixed Deposit and Islamic Dynamic Deposit Account Campaign winner agrees that Absa can identify them by publishing their name and surname and the prize won (if applicable) on the relevant social media platforms as decided by Absa.

27 In addition to the above, Absa has the right to publish the winner's name and surname in any advertising, promotional, print, point-of-sale or public relations material. The nature of these publications will be determined at the sole discretion of Absa, for a period of 12 (twelve) months from the date on which the winner is announced.

28 If Absa cannot continue with the competition for any reason beyond its reasonable control or if it is required by any regulatory terms or applicable law, Absa may end or alter the terms of the competition on condition that: 28.1 No winner has been determined; and 28.2 Reasonable notice has been given beforehand to all entrants.

29 If the competition is ended as set out above, no entrant will have any claim of any nature whatsoever against Absa.

30 The prize cannot be transferred to third parties and will only be handed over if all details given are factually correct.

31 Amendments to the terms and conditions: 31.1 Absa is entitled to amend the terms and conditions hereof insofar as same is deemed necessary and such amendments may relate to any aspect of such competition. 31.2 The amendments may include the addition and/or deletion of any existing and/or proposed terms and conditions of the competition, which amendments may also affect the identified prize, including but not limited to the cash prize of such competition. 31.3 The proposed amendments may be effected before the start date of the competition and during the competition period, which may result in the competition period being reduced and/or extended as deemed necessary.

32 It is the entrant’s responsibility to regularly check the website where the competition rules are made available as per clause 30, for any amendments.

33 If the terms and conditions of this competition are amended in terms of clause 31, such amendments will become effective immediately or on such date as may be determined by Absa. However, all entrants who have received confirmation of the prize before such will remain eligible to receive the prize that was awarded to them per the terms and conditions in force when they were selected as winners.

34 No entrant will have any recourse or claim against Absa because of any amendment to these terms and conditions or because of Absa’s cancellation, termination or suspension of the competition in line with these terms and conditions.

35 Absa will only collect, store and use your personal information such as your name, age, telephone number and email address for the purposes of entering the entrant into the competition and for administering the draw as set out in these rules. This will not affect any existing marketing preferences that you have registered with Absa.

36 By entering the competition, your personal information may be transferred to our service providers and agents (including their subcontractors) to store and use as necessary to administer the draw. We will never pass your information to any third party for them to use in their own direct marketing, without your consent.

37 Your personal information will be held on record for a short period of time as necessary to administer the draw and then be securely destroyed.