What is VBank Rewards?
VBank Rewards is a simple way to say thank you for banking with us.
Each time you use the VBank app to pay a bill, buy airtime, or save, you earn points.
These points add up and can be used for things you already need like airtime or data. It’s an easy way to get more value from your normal banking.
How Does VBank Savings Rewards Work?
Open the VBank App
Log in to your account using the VBank app.
Save Using Any VBank Savings Option
Save through your available VBank savings options in the app.
Earn Reward Points Automatically
Points are credited when your savings transaction is successful.
Redeem Your Points
Use your points for airtime, data, or other available reward options inside the app.
What You Can Earn
What you get when you use Vbank Rewards
FAQs
We know you’ve got questions. Well, here are your answers.
How do I earn points when saving on VBank?
Each eligible savings transaction you make through your VBank app earns you reward points automatically.
Is there a minimum amount required to earn points on savings?
Points are earned on eligible savings transactions made in the app.
Which savings options qualify for rewards?
Eligible VBank savings options available in the app qualify for reward points.
When will I see my points?
Points are credited instantly once the recharge is confirmed.
What can I use my points for?
Your points are versatile and valuable. You can redeem them for:
- Free bank transfers
- Airtime or data
- Discounted bill payments
- Access to reward raffles and special campaigns
- Exclusive merchant offers (coming soon)
What is the value of each point?
1 VReward point = ₦10 in value. So, 50 points = ₦500 worth of rewards.
Is there a minimum number of points required to redeem?
Yes, each reward item has a minimum threshold. For example, free transfers might cost 20 points, while airtime might start at 30 points. Check the rewards tab to see what’s available.
Can I transfer my points to others?
Reward points are tied to your VBank account and cannot be transferred.