Redeem into a Term Loan

About Term Loans

Get a Term Loan of up to R300 000 at a fixed monthly repayment amount and term you feel comfortable with. You can choose to repay your loan over 12 to 72 months.

Term Loan Feature and benefits:
  • Personalised interest rate when you apply
  • Up to 72 months to repay
  • Fixed term
  • There are no early termination fees if you choose to pay off your loan sooner
  • Your loan is insured, so whatever's owed can be settled in the event of disability, dread disease or death

Once your Term Loan account is opened, you can redeem your Rewards Points either Online on the Standard Bank website, Standard Bank Banking app, or by calling the UCount Rewards Contact Centre on 0860 UCOUNT (82 68 68).

How to Redeem your Rewards Points into a Term Loan
  • Sign in to UCount Rewards using your selected username and password.
  • Click on the "Online Redemption Portal" tab.
  • Click on the "Lending Products" tab.
  • Add Term Loan to your basket
  • Select your quantity.
  • Select 'Deposit in Standard Bank Term Loan'
  • Select the Rand equivalent for your redemption.

*IMPORTANT: The minimum amount you can redeem into a Term Loan is 2500 Rewards Points (R250). Redemptions have no limit but must be in increments of 2500 Rewards Points (R250).

Ready to join UCount Rewards?

Join UCount Rewards today and start getting rewarded

Promotions and Notices

 
Featured Articles
Security
UCount Rewards:
Stay vigilant!

Fraudsters are masquerading as UCount Rewards through phishing emails and smishing SMSs linked to the redemption of Rewards Points. Don't click on any link, open an attachment, provide an OTP or scan any QR codes to redeem your Rewards Points on such email or SMS. Report suspected fraud to 0800 222 050.

What’s New?
YOUR REWARDS POINTS CAN MAKE A DIFFERENCE!

Help a student in need by redeeming your Rewards Points into Feenix™ or pay your loved one's school fees with your Rewards Points via School-Days®. Visit feenix.org to create your profile, or register on schooldays.co.za or download the School-Days® app. Redeem using your UCount Rewards Card. T&Cs apply

Important Notices

The UCount Rewards earn rates in the Card Rewards and Choose Your Own Rewards categories will be amended from 16th April 2025.

You can view the updated Programme rules from the 16th of April 2025.

Security
Keep your information personal

At Standard Bank, your personal information is as personal to us as it is to you, which is why we'll never ask you to provide us with your login details.