We would like to share some important news with you about Multiply Premier.
In 2022, Momentum’s loyalty and rewards were unbundled from the Multiply Premier product so that each Momentum product could offer clients simpler, more attainable and more relevant rewards. Each product now rewards clients for the right behaviour, instead of, for the number of Momentum products clients have. As an example, Momentum Health Solutions clients are now rewarded for looking after their health.
As part of the transition, as a Multiply Premier member, you could still earn rewards from Multiply Premier partners and benefit from Weekly and Monthly Wins.
Following the introduction of all the new rewards offerings, and after careful consideration, we’ve decided to discontinue the Multiply Premier product on 31 December 2024. This decision wasn’t taken lightly, and we understand that it may come as a disappointment to you.
Multiply Premier has been a significant part of your journey with Momentum and Multiply, and we’re incredibly grateful for your participation and loyalty. You have until 31 December 2024 to enjoy your Multiply Premier benefits and we encourage you to take advantage of this opportunity.
The discontinuation of Momentum Money and the impact on your cashbacks
Momentum Money will also send you communication about the discontinuation of Momentum Money, explaining how you can manage and access your balance. As a result of the discontinuation of Momentum Money, your cashbacks can no longer be paid into Momentum Money from 1 October 2024.
You will, however, continue to earn cashbacks until 31 December 2024.
Your cashbacks will accumulate and will be deposited into the same account you selected for your Momentum Money balance to be paid into. Your first payment will be made early in November. If you still need to choose your account, read more for details on how to make your decision.
We understand this is a significant change, and we’re here to support you. If you have any questions or need assistance, please don’t hesitate to reach out to us.
WhatsApp: 0861 88 66 00 | Chat: Multiply app or multiply.co.za
Thank you once again for being such a valued part of the Multiply Premier community. We’re excited about what lies ahead and hope you’ll continue to be a part of our Multiply journey.