FNB drops Checkers for Pick n Pay

FNB has expanded its collaboration with Pick n Pay to a full retail partnership, which means that, as of 1 April 2025, customers will no longer earn eBucks at Checkers stores.

FNB announced on Thursday, 27 February, that it has expanded its partnership with Pick n Pay to add more value for all its FNB and RMB Private Bank customers. 

From 1 April 2025, the bank’s retail and commercial customers will now all earn up to 30% of their spend back in eBucks when using Pick n Pay’s on-demand delivery service, asap!.

In addition, the bank’s customers will earn up to 20% back on all items when shopping in-store at Pick n Pay. 

This follows the successful launch of FNB and Pick n Pay’s partnership in 2024 when the two companies teamed up to offer customers ‘99c bread’ rewards. 

From 1 November 2024, qualifying FNB Private Banking eBucks customers could also earn up to 30% of their spend back in eBucks when using Pick n Pay’s asap! and up to 20% back on all items purchased in-store.

FNB revealed that the early stages of this partnership reflected a strong 20% increase in activity on Pick n Pay Clothing and Pick n Pay’s asap!.

Therefore, the partnership has now been expanded to include retail and commercial customers.

FNB’s eBucks programme has long been recognised as one of South Africa’s most rewarding loyalty initiatives.

The bank said this deeper partnership with Pick n Pay ensures that FNB customers receive additional value. 

“Whether shopping in-store or online, through the eBucks programme, FNB customers will now have more opportunities to earn and save, making every purchase stretch further for them,” the bank said.

FNB’s Personal Segment CEO, Lytania Johnson, said this partnership with Pick n Pay gives customers substantially more every time they shop. 

“The initial success with rewards on the Pick n Pay spend confirmed that FNB is delivering additional value to customers with the eBucks benefits, and we are delighted to now offer these rewards to all our customers,” she said. 

From 1 April 2025, all FNB customers can earn the following eBucks rewards at Pick n Pay:

• FNB Easy customers – Swipe your FNB Easy debit card to get a voucher that allows you to pay 99c for a 600g loaf of Pick n Pay white or brown bread. Customers get four vouchers a month.
• FNB Aspire customers – Earn up to R150 per month back in eBucks when shopping in-store, using Pick n Pay asap!, or buying from Pick n Pay Clothing, respectively.
• FNB Premier customers – Earn up to 30% back in eBucks on Pick n Pay asap! 20% back in on in-store spending, and up to 20% back at Pick n Pay Clothing.
• FNB Private Clients, Private Wealth and RMB Private Bank Customers – Earn up to 30% back in eBucks on Pick n Pay asap! and 20% back on in-store spend and at Pick n Pay clothing. 

FNB emphasised that this full retail partnership with Pick n Pay means that, as of 1 April 2025, customers will no longer earn eBucks on their spending at Checkers stores, which was an earn rate of up to 15%.

“Instead, all customers will automatically earn rewards on their Pick n Pay spend which comes at an increased earn rate and also includes their online spend as well as clothing,” it explained.

However, the bank added that customers will continue to earn on their spending at SPAR, earning up to 15% back in eBucks when shopping at SPAR stores.

Beyond the eBucks rewards on offer, FNB and Pick n Pay are planning additional promotions designed to enhance savings opportunities even further. 

eBucks CEO Pieter Woodhatch reaffirms the bank’s commitment to putting more money back into its customers’ pockets.

“By continuously evolving our eBucks programme and working closely with Pick n Pay, we are committed to providing even greater savings and convenience,” he said. 

“This is an incredible commitment for FNB on a free programme with no monthly costs. This is also offered on all spend and not just on credit spend.”

Johnson said this partnership is a meaningful demonstration of the value that can be made available when trusted South African brands work together to help consumers get the most from their money.