Momentum Multiply Enhancements

Momentum Multiply Enhancements, new partners and fee increases for 2019

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Multiply, Momentum’s wellness and rewards programme, added more ways for its members to earn and unlock points, introduced new partners, and members are now able to earn more HealthReturns.

Multiply Executive Head, Johan Kleu, says the business is aimed at rewarding members for making the right choices for a healthier, safer and better life. “The more points our members earn, the higher their status and the greater their rewards. We are rewarding members for doing the things they do every day,” he says.

Multiply has added two additional ways for its members to earn points. The first is by completing high endurance elite events such as marathons and cycle challenges. The second is by choosing to get cashbacks instead of discounts on purchases from the Multiply online shop. 

Members will also be able to unlock and earn up to 240 points for Active Dayz™ by undergoing fitness assessments or participating in the high endurance elite events. They can unlock more points for Safe Dayz™ by conducting car safety checks at Tiger Wheel & Tyre outlets.

Kleu says Multiply partnered with cycling manufacturers, Giant, Liv and Avalanche, to give members discounts on cycling products in selected stores around the country. “Members will get a 10% discount in store, and can also earn up to 15% cash back when they scan their till slips using SnapnSave.”

Importantly, the benefit at Pick n Pay and Dis-Chem will no longer be combined. “This is because the business intends to focus on the grocery and pharmaceutical categories in future,” explains Kleu. 

Families will get cashbacks on the first R3 000 they spend per month at Pick n Pay as well as on the first R2 000 they spend per month at Dis-Chem. They will continue to get 2% in cashbacks from Dis-Chem when they spend over R2 000 for the rest of the month.

Momentum Health members can now get up to R3 000 back in cash for day-to-day medical expenses, which increased from R2 500. Additionally, Multiply is introducing KidsReturns, where child dependants under the age of 21 can earn HealthReturns on the Momentum Health Incentive, Extender and Summit options – encouraging families to exercise together. For more family fun, members now pay as little as R51 for 3D movies and R32 for 2D movies at Nu Metro cinemas nationwide.

Multiply announced a 7.7% increase in membership fees for 2019. Multiply Premier will now cost R238 pm for a single person, R298 pm for a family of two and R328 pm for a family of three or more (see table below for comparison with last year’s rates). 

Late last year, the business introduced Multiply Money, a benefit that sees members earning real cash by doing the things they do every day such as shopping for household and grocery items at Pick n Pay and Dis-Chem, or for vouchers and big brand electronic devices via the Multiply online shop.

“From the first cent, these cashbacks grow in the Multiply Money savings wallet at a linked interest rate, currently at 5.5 per cent,” says Kleu.

Cashbacks can be used to save for an emergency or until there is a lump sum for long term investments. They also can be spent anywhere in South Africa using the Multiply Visa Card or via mobile payments at selected retailers using the Multiply Money app.

 

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