Old Mutual Rewards is a financial rewards programme with a difference: you don’t even need to be a customer to participate. Anyone can join. Old Mutual believes that rewarding good financial behaviour is key to improving our nation’s savings culture, and the new rewards programme aims to help all South Africans - Old Mutual Customers or not - take control of their finances.

How to earn points

Old Mutual Rewards members can earn points by completing financial assessments, using online calculators like the education savings or debt repayment calculators, and completing education modules on Moneyversity, Old Mutual’s online financial education hub.

Old Mutual customers can also earn points just by having certain products with Old Mutual. Customers can earn up to 50% of their monthly insurance premium in points and up to 5% of their monthly savings, investments, and lending premiums in points. The rate at which customers earn points depends on their tier level . This is determined by how many financial needs you have covered by Old Mutual. For example, having four financial needs covered by Old Mutual puts you at Tier 3, where you earn 25% of your monthly insurance premium back in points.

How to spend points

Rewards members have three convenient ways to redeem their points. Download the OM Bank App and redeem your points directly into your OM Bank account. You also have the option to donate your points to a charity. And for even more flexibility, you can spend your points at any of the 50‑plus Old Mutual Rewards partners.

Learn more

To learn more about Old Mutual Rewards and how you can earn points for making smart financial decisions, visit the Reward’s website today.