As of 1 January 2023, as an Old Mutual Wealth client, you will earn Old Mutual Rewards points every month based on the market value of your investments. Previously points were earned only when you made new contributions into your investments.
You will earn Old Mutual Rewards points based on the market value of your investments each month on Wealth and Private Clients investments. These points are earned as a percentage (%) of your investment value of qualifying Old Mutual Products.
The percentage is influenced by the following factors:
- The number of product categories you have with Old Mutual.
- The size of the monthly investment value.
The points earned each month will be based on the annual earn rates as per the table.
Points will be earned on the Old Mutual Wealth local investment platform, unit trusts and Private Clients every month.
If you are on Tier 3 and your investment value is R1,000,000 with R750,000 invested in Old Mutual funds and R250,000 invested in other funds then you will receive monthly points as per the table.
Remember, you can earn up to two times more rewards by investing in Old Mutual funds.
You can join now for free by visiting oldmutual.co.za/rewards, contacting 0860 700 800 or e-mailing rewards@oldmutual.com
Old Mutual Rewards is also available on the Old Mutual App | Whatsapp: 0860 933 333 and USSD: *120*6672#
