Multiply your savings with Multiply Money Deposit R500 or R1 000 into your Multiply Money between 15 September and 30 November 2020, and stand a chance to win one of 5 R1 000 prizes or the grand prize of R50 000. 

For example:

- If you deposit R500, you get 1 entry into the R1 000 prize draw.

- R1 000 = 2 entries for the R1000 prize, and 1 entry for the R50 000 grand prize.

- Separate deposits lower than R500, adding up to a total of R1 000 over the competition period get you 1 entry into the R50 000 prize draw. 

- R20 000 = 40 R1 000 draw entries, and 20 R50 000 grand prize entries.   

Remember to transfer your money to your savings wallet to earn interest and grow your savings.


Winners will be announced by the 15th December 2020. 

Terms and Conditions

- To qualify for the competition, the entrant must:
a. Be a South African citizen or a permanent resident in the Republic of South Africa and
b. Be Momentum Multiply Money benefit holder with an active account.
- The prizes:
a. R1 000 paid into the Multiply Money savings wallet of five winners.
b. R50 000 paid into the Multiply Money savings wallet of one grand prize winner.
- Winners will then be announced on the following platforms:, and
Read the full Ts & Cs here . 


Don’t have the Multiply Money app? Download it from your app store now.