Fuel Rewards for your Business
How does the Double earn rate work?
To qualify for up to R10* per litre back in Rewards Points for fuel and oil, you need to use your qualifying Standard Bank Business Credit, Cheque or Debit card to pay for:
- 100% fuel spend at participating Astron Energy and/or Caltex service stations per Fixed Cycle (Zero fuel spend at competitors)
- Purchase a minimum of R500 or more at Makro per Fixed Cycle
Have a Standard Bank Business Current Account and 2 other Standard Bank Business products in different categories. These categories are:
- Savings and Investments
- Credit Card
- Vehicle and Asset Finance
- Business Lending
- Forex
- Insurance
- Merchant Services
EARNING DOUBLE FUEL REWARDS
Qualifying card type | Tier 1 | Tier 2 | Tier 3 | Earn Cap* in Rewards Points | Spend Cap* |
---|---|---|---|---|---|
Credit | 70c pl | R3.00 pl | R10 pl | 20% of total monthly qualifying Purchases | |
Debit / Cheque | 40c pl | R1.50 pl | R4 pl |
*Spend Cap means the total value of your qualifying card spend during a Fixed Cycle
*Earn Cap means the maximum amount of Rewards Points that you can earn in a Fixed Cycle
EARNING STANDARD FUEL REWARDS
If you don’t meet the requirements to earn double Fuel Rewards for your Business, you will earn up to R5* per litre back in Rewards Points for fuel and oil purchased at Caltex and/or Astron Energy, based on your Tier Level.
Qualifying card type | Tier 1 | Tier 2 | Tier 3 | Earn Cap* in Rewards Points | Spend Cap* |
---|---|---|---|---|---|
Credit | 35c pl | R1.50 pl | R5 pl | 20% of total monthly qualifying Purchases | |
Debit / Cheque | 20c pl | 75c pl | R2 pl |
*Earn Cap means the maximum amount of Rewards Points that you can earn in a Fixed Cycle
*Terms and conditions
- You must hold a qualifying Standard Bank Business current account and 2 other Standard Bank Business products in different categories in the calendar month.
- 100% of your fuel spend in the Fixed Cycle must be at participating Caltex and/or Astron Energy service stations using your qualifying Standard Bank Business Credit, Cheque or Debit card.
- Transactions performed at non-participating Caltex and Astron Energy service stations will not qualify for the Double Fuel Rewards offer.
- You must spend a minimum of R500 at Makro in the Fixed Cycle using your qualifying Standard Bank Business Credit, Cheque or Debit card.
- Should a customer purchase items and/or services from a competing service station including but not limited to gas purchases, convenience store purchases, car washes, etc, the member will need to produce a receipt so that the double fuel earn for that month can be considered.
- All purchases, including fuel purchases made in Caltex and Astron Energy convenience stores, are excluded from earning Fuel Rewards Points.
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