We wrote an article on EcoCash Rewards – a promotion by EcoCash that rewards the mobile money service’s users for transacting. Unfortunately, that piece was devoid of detail and as a follow up to some of the questions readers have asked in the comments section, I’ve decided to write a follow up.
PS: For every ZW$200 you spend using EcoCash you’ll get 1 point and these are points you can later on redeem
We sent the most commonly asked questions in the previous article to EcoCash reps and they gave us more detail;
This is probably the most common question that was asked by many of you. What’s up for grabs? Well, for every point you earn you get ZW$0.40. Upon redemption, customers can either buy airtime or cash the money into their EcoCash wallet.
Now I’m not using EcoCash that much these days so I therefore have 7.4 points. This means I can only get $2.8 worth of airtime – which seems pretty low from where I’m seated. I’ll still claim the $2 because I might as well.
The 40c/per point did fascinate me in the context of the current EcoCash limits. At the moment there’s a ZW$35 000/weekly limit on mobile money transactions which means users can get a maximum of 175 points a week – if they are reaching that threshold. This translates to $70 (a maximum of $280) which you can either cash out or turn into airtime.
EcoCash’s promotional material for this promotion is a bit misleading as it centres a lot of objects that seem to be prizes;
The EcoCash Rewards points can only be redeemed at the end of the month. The points you have can then be redeemed by dialling *151*300#. Because a lot of people assumed there would be a draw of sorts many asked when that would be but as aforementioned, there won’t be a draw since when you redeem your points you’re getting value.