FNB customers score big petrol and diesel price relief

FNB eBucks has launched a limited‑time ‘Fuel Boost’ campaign, running from May to June 2026, in light of rising fuel prices in South Africa.

This boost will give customers a guaranteed 50% increase in eBucks earned on fuel at Engen, on top of their standard monthly fuel rewards.

The initiative was announced on 7 May and will require customers to meet their standard monthly eBucks qualifying criteria and spend a minimum of R450 on fuel at Engen a month within the campaign period.

“At a time when consumers are counting every rand, the Fuel Boost campaign focuses on delivering immediate, tangible relief on fuel spend that’s already built into household budgets,” FNB said. 

“By rewarding everyday behaviour, which is simply filling up, the campaign helps customers stretch their money further, without changing how they live or spend.”

This comes as fuel prices in South Africa continue to rise on the back of the Middle East war, which has seen global oil prices skyrocket.

Bloomberg reported that South African fuel prices are set to rise to a near four-year high, with diesel prices set to increase above R30 per litre for the first time.

For May, petrol prices increased by R3.27 per litre, while diesel is up R6.19 per litre. More increases are expected for June and likely the months ahead.

“As fuel prices continue to climb, South African households are grappling with the mounting pressure that cuts across their daily lives,” FNB said. 

“Transport costs are consuming an ever‑greater share of already stretched budgets, leaving families with difficult trade‑offs each month.”

eBucks CEO Pieter Woodhatch said that when fuel prices rise, customers feel it immediately.

Therefore, by giving customers an extra 50% back in eBucks on fuel, the company hopes to soften this impact by providing relief now, rather than promising benefits later.

According to FNB, eBucks customers unlocked R418 million in combined value at Engen over the past year. 

This included R241 million earned back in eBucks rewards and R177 million spent directly in eBucks to reduce out-of-pocket fuel costs.

“With rewards of up to R8 back per litre, more than 850 000 customers continue to benefit from the programme, using eBucks to cushion fuel hikes and ease cost of living pressures,” the company said. 

“Our goal is to help customers make smart everyday decisions that build financial resilience in a challenging economic environment,” Woodhatch said.

“The simplicity of this offer is intentional. Customers don’t need to rethink their spending or jump through hoops. They just need to fuel up as they normally would.”

Using an example, FNB showed that an eBucks customer could get as much as R12 back per litre in eBucks with this Fuel Boost.

The example the bank used is for a Private Banking client on eBucks Level 5, who meets the WesBank and insurance qualifying criteria.

This customer currently earns R8 back per litre in eBucks on qualifying fuel spend. During the Fuel Boost campaign, they will earn an additional 50% on their standard fuel earn, equating to an extra R4 per litre.

“This means that they can earn up to R12 back per litre in eBucks for the campaign period,” the company explained.