Stanbic Bank Announces Ksh 7.2 Million Up for Grabs in new “Switch Campaign” Deposit Drive

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Stanbic Bank Kenya has launched an exciting initiative called the “Switch Campaign” to attract new deposits and reward both new and existing customers.

With a total prize pool of Ksh 7.2 million up for grabs, the switch campaign aims to position Stanbic Bank as the perfect financial partner for Kenyans seeking a rewarding banking experience.

The Stanbic Bank “Switch Campaign” welcomes both new and existing clients provided they grow their average current account balance in a calendar month by Ksh 100,000.

New customers can open fresh accounts, while existing clients with dormant accounts can reactivate them and enjoy a range of benefits and exciting rewards.

“Stanbic is committed to providing financial solutions that drive growth. To this effect, we have designed a deposit account that provides access to additional loan and protection services. With a digitized and seamless account opening process, we are enabling financial inclusion and equipping individuals with the right tools for sustained growth.” said Abraham Ongenge, Head of Personal and Private Banking at Stanbic Bank Kenya.

The Stanbic Bank “Switch Campaign” will run for three months and will offer a chance for select participants to win cash prizes.

Every month, three lucky new customers who switch their salary to Stanbic Bank will have the opportunity to win Ksh 200,000 (winner), Ksh 100,000 (1st runner-up), and Ksh 50,000 (2nd runner-up).

Existing Stanbic Bank clients can win similar prizes each month by simply increasing their deposits.

A grand draw will be held at the conclusion of the three-month campaign, with the grand prize winner taking home a cool Ksh 1 million. In total, 66 lucky participants will walk away with cash prizes throughout the switch campaign period.

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Opening a Stanbic account is quick and convenient. Customers can utilize the Stanbic Mobile App for a hassle-free experience. Stanbic Bank goes the extra mile by offering accounts with retrenchment cover, a crucial feature providing financial security in case of job loss, for a minimal fee of Ksh 200 per month.