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Absa to reward customers shs200m in cash prizes for credit, debit card usage

by Michael Kironde
in Business, News
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Absa Bank Uganda has launched a new customer campaign named Play Your Cards Right, which will reward 14 lucky winners with cash prizes totaling shs200 million.

Running from June to August 2025, the campaign is open to all Absa debit and credit cardholders, both
personal and business, local and foreign in a move aimed at driving digital payments.

To participate, customers simply need to use their Absa cards to pay for goods and services at least five
times a month.

Each monthly winner will receive shs10 million, split between debit and credit card usage, making a total monthly prize pool of shs40 million.

At the end of August, two overall grand prize winners, one from each banking segment, will be awarded shs40 million each, bringing the campaign’s total prize value to shs200 million.

“With this campaign, we’re not only rewarding our customers but also encouraging greater adoption of
secure, fast, and convenient digital payments. Today’s customer expects digital tools that align with their
modern lifestyle and that’s exactly what Absa’s card solutions offer,” said Moses Rutahigwa, Retail and
Business Banking Director at Absa Bank Uganda.

According to the Bank of Uganda’s 2023 Financial Stability Report, the value of debit card transactions
reached shs561.5 billion, with over 3.8 million active debit cards. Credit card usage is also on the rise, with transaction values hitting shs30.9 billion from nearly 10,000 active credit cards.

“Our cards offer a seamless experience, from quick tap-to-pay functionality to wide merchant acceptance
and robust in-app controls. This campaign is one more way we are recognizing and rewarding our loyal
customers,” Rutahigwa added.

Sam Kiyaga, Head of Alternate Channels at Absa Bank Uganda, emphasized the bank’s focus on
innovation and safety.

“We’re continuously strengthening our card services with features like real-time transaction alerts, card locking controls, and spending limits. Sign up for an Absa card today, use it regularly, and you could be a winner.”

As of December 2024, Absa recorded an 18.5% growth in card payment volume, outperforming the market average of 11%. Active card usage also grew by 15%, significantly above the market rate of 2%.

Absa is currently the leading issuer of all card types in Uganda, issuing over 70% of credit cards and contributing 92% of credit card payment volumes.

“Our leadership in the digital payments space underscores our commitment to financial inclusion and
customer empowerment,” Kiyaga noted.

Victor Makere, the Country Manager, Visa Uganda said their  partnership with Absa is rooted in trust,
innovation, and a shared vision of financial inclusion.

“Campaigns like this not only reward Absa Visa cardholders but also accelerate the adoption of secure digital payments across Uganda,”

Tags: Absa Bank UgandaUgandan news
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Michael Kironde

Michael Kironde

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