After Absa’s announcement in April regarding a temporary increase in the earn cap for fuel spending in its Absa Rewards programme, both FNB and Standard Bank have introduced updates to their fuel rewards.
Standard Bank’s UCount Rewards programme has kicked off a temporary boost in fuel rewards starting Saturday (16 May) and will continue until 15 July 2026. This upgrade enables eligible members to earn up to R15 back in Rewards Points for every litre purchased at Astron Energy and Caltex service stations.
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This effectively represents a 50% increase on the R10 per litre that a uCount member earns on Tier 5 under its ‘Double Fuel Rewards’ program.
As per Standard Bank, a customer filling a 50-litre tank could potentially earn as much as R750 in Rewards Points, depending on their UCount Rewards tier and eligibility criteria.
Throughout this two-month period, Standard Bank has indicated that members will benefit from an enhanced fuel earning structure, yielding increased rewards for both petrol and diesel purchases when using their credit card.
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“Fuel costs are substantial and unavoidable for many South Africans. By increasing the fuel rewards our clients can earn, we aim to alleviate some of the pressure at the pump, allowing for greater flexibility in household budgets,” stated Fayelizabeth Foster, head of Loyalty and Rewards at Standard Bank.
“Rewards points can also be redeemed at partner retailers or transferred into their savings accounts,” she added.
In April, Absa revealed an increase in its fuel earn cap from R3,000 to R5,000 “to provide practical relief during crucial times.” Customers in its free Absa Rewards programme can earn up to 30% back in cash on fuel purchases at partner Sasol.
Read: Govt slashes levy on diesel to zero, extending fuel relief
FNB eBucks has launched a limited-time ‘Fuel Boost’ campaign running from May to June 2026. This initiative allows customers to earn 50% more eBucks on their fuel expenditures at Engen, in addition to their regular monthly fuel rewards.
To qualify for the additional guaranteed 50% ‘fuel earn,’ customers must meet their standard monthly eBucks criteria and spend a minimum of R450 on fuel at Engen each month throughout the campaign.
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“Fuel is a critical expense for many South Africans,” says Pieter Woodhatch, CEO of eBucks. “When fuel prices increase, the effects are felt immediately. By offering an extra 50% back in eBucks on fuel, we aim to mitigate that financial burden by providing immediate value to our customers when it’s needed most. This initiative is about delivering relief now, rather than future promises.”
Over the past year, eBucks customers redeemed R418 million worth of value at Engen, which includes R241 million earned back through eBucks rewards and R177 million spent directly to reduce out-of-pocket fuel costs.
An FNB Private Banking (Premier, Private Clients, or Private Wealth) client on eBucks Level 5, who meets all WesBank and insurance qualifying criteria, currently earns R8 back per litre in eBucks on eligible fuel purchases. During the Fuel Boost campaign, that customer will receive an additional 50% on their standard fuel earnings, resulting in an extra R4 per litre.
This means they could potentially earn up to R12 back per litre during the campaign. If the client does not have motor insurance with FNB, they will earn a base of R6 per litre, totaling R9 during May and June.
“The essence of this straightforward offer is to ensure convenience,” Woodhatch adds. “Customers don’t need to rethink their spending or navigate complex requirements. They simply need to refuel as they normally would. This simplicity enhances the practicality and effectiveness of the benefit.”
