Financial services provider, Old Mutual is expanding its unique Rewards Programme to Namibia from November 10, 2023, marking a significant stride in promoting financial literacy, responsible consumer behaviour and putting money back in the pockets of consumers across Southern Africa.

Old Mutual Rewards is a free program designed to acknowledge and reward responsible financial behaviour. Initially established in South Africa, the programme offers members the opportunity to earn Old Mutual Rewards points by taking charge of their finances by assessing their spending and savings behaviour, learning from financial education tutorials like Moneyversity’s online hub, and receiving great financial advice from Old Mutual financial advisers and brokers. Old Mutual Rewards members can also earn points on qualifying Old Mutual products.

Additionally, members can earn Old Mutual Rewards points by taking charge of their finances by assessing their spending and savings behaviour, learning from financial education tutorials like Moneyversity’s online hub, and receiving great financial advice from Old Mutual financial advisers and brokers. 

This holistic program, which has already garnered over two million active members in South Africa underscores Old Mutual’s dedication to rewarding customers not just for their financial literacy but for making smart, practical financial choices that contribute to their overall financial health.

By extending this programme to Namibia, Old Mutual has taken the strategic decision of broadening its impact in Southern Africa, reaffirming the Group’s focus on financial wellness and responsible money management.

Brett Cameron, Head of Old Mutual Rewards at Old Mutual, highlighted the transformative potential of the Rewards Programme. “We are excited about our expansion into Namibia, this highlights our commitment to nurturing financial literacy and promoting good financial behaviours. Through this innovative platform, we will empower people to take better care of their financial future and make strides in fostering a culture of good money behaviour,” said Cameron.

The significance of initiatives like the Old Mutual Rewards Programme cannot be overstated in today’s economic climate. By promoting good consumer behaviour and rewarding financial education, the programme is not only cultivating a culture of financial literacy but is also contributing to the broader economic stability of the region. Financially informed individuals are better equipped to navigate the complexities of the economic landscape, making more informed decisions that benefit themselves and their communities.

Members of Old Mutual Rewards enjoy the flexibility of using their points in various beneficial ways. Whether it's contributing to a cause they care about through donations to charities or enjoying the tangible benefits of their wise financial choices by redeeming points at our Old Mutual Rewards partners, the programme is designed to enrich the member's life and the lives of others in meaningful ways.

As Old Mutual continues to champion financial well-being in the region, the extension of the Rewards Programme to Namibia reflects a robust commitment to creating a financially savvy and economically resilient Southern Africa.