Diamond Bank Rewards Customers In Special Year-End Draw

Diamond Bank PLC, a leading player in the Nigerian Retail banking space, has announced a year-end special draw, under the DiamondXtra Reward Scheme, to reward loyal customers of its DiamondXtra account. The Draw will hold at the Iron and Building Materials Market, OrileIganmu, Lagos, on Friday, December 27, 2013.
  
At the Year-end special draw, 35 customers would win N1million each, 1 customer will win N2million and the luckiest customer will win Salary4Life (earns N100,000 every month for 20 years).


Commenting on the draw, Head, Corporate Communications of the Bank, Mrs. AyonaTrimnell said, “The DiamondXtra account is a special savings account designed for individuals who want to build up their savings gradually. It is an interest-yielding savings account which allows the deposit of both cash and third party cheques. In addition, DiamondXtra account holders receive a cheque book and an ATM card with which they can withdraw from their account at any Diamond Bank branch. It is a simple and straightforward savings account that comes with a low minimum opening amount of N5,000.”

The DiamondXtra Reward Scheme is currently the longest running reward scheme in Nigeria. It was launched in July 2008 in a bid to encourage a savings culture and also to reward customers for their loyalty. The draws are held weekly (every Friday), monthly (every last Friday of the Month) and to mark special occasions as determined by the Bank. 

The Salary 4Life is a unique feature of the DiamondXtra account in which Diamond Bank pays the sum of N100,000.00 into the customer’s account every month for the next 20 years. The draws are conducted through an electronic process approved by the National Lottery & Regulatory Commission and the Consumer Protection Council and which is also verified by the renowned auditing firm, KPMG Professional Services. Every N5,000.00 deposited by the customer increases the customer’s chances of winning as the winning tickets are chosen by a random draw. 

Amongst the numerous benefits of running a DiamondXtra account is a free access to all Diamond Bank electronic banking channels like Diamond Online, Diamond Mobile and Diamond Dial. DiamondXtra  account holders also enjoy a free life assurance cover of N50,000.

DiamondXtra customers also have access to a secured credit card called the DiamondXtra VISA Credit Card which allows them access to a credit limit of up to 75% of the funds in their account without dipping into valuable savings, hence granting them the privilege of qualifying for the weekly and monthly draws. To enjoy the benefits of the Reward Scheme, existing DiamondXtra account holders must have a minimum of N5,000.00 (Five Thousand Naira) in their account. Multiples of ₦5,000 deposits increase the customers’ chances of winning.

Since the reward scheme commenced, over 1,000 loyal customers have been rewarded with cash prizes valued at over N2bn in total.