Standard Bank uCount and FNB eBucks Enhance Fuel Rewards

Following Absa’s decision in April to temporarily raise the earn cap for fuel spending on its Absa Rewards programme, FNB and Standard Bank have also unveiled updates to their fuel rewards.

Standard Bank’s UCount Rewards programme initiated its temporary fuel rewards boost starting Saturday (16 May), lasting until 15 July 2026. This enhancement allows eligible members to earn up to R15 back in Rewards Points per litre when refueling at Astron Energy and Caltex service stations.

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This effectively translates to a 50% increase on the R10 per litre that a uCount member earns on Tier 5 under its ‘Double Fuel Rewards’ system.

According to Standard Bank, a client filling a 50-litre tank could earn as much as R750 in Rewards Points, depending on their UCount Rewards tier and eligibility criteria.

During this two-month period, Standard Bank mentioned that members will enjoy an enhanced fuel earning structure, providing increased rewards for both petrol and diesel purchases when utilizing their credit card.

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“Fuel is a major and unavoidable cost for many South Africans. By temporarily increasing the fuel rewards our clients can earn, we aim to provide significant relief at the pump, allowing for more 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 account,” she added.

In April, Absa announced an increase in its fuel earn cap from R3,000 to R5,000 “to provide practical relief at crucial moments.” Customers enrolled in its free Absa Rewards programme can earn as much as 30% back in cash on fuel purchases at partner Sasol.

Read: Govt slashes levy on diesel to zero, extending fuel relief

FNB eBucks has also rolled out a limited-time ‘Fuel Boost’ campaign running from May to June 2026. This initiative will allow customers to earn 50% more eBucks on their fuel expenditures at Engen, in addition to their regular monthly fuel rewards.

To qualify for the extra guaranteed 50% ‘fuel earn,’ customers must meet their standard monthly eBucks criteria and spend a minimum of R450 on fuel at Engen each month during the campaign.

“Fuel is an essential expense for most South Africans,” says Pieter Woodhatch, CEO of eBucks. “When fuel prices rise, the impact is felt immediately. Therefore, by providing an extra 50% back in eBucks on fuel, we aim to ease that financial strain by delivering immediate value to our customers when it matters most. This initiative is about offering relief now, not future promises.”

Over the past year, eBucks customers have redeemed R418 million worth of value at Engen, which includes R241 million earned back through eBucks rewards and R177 million spent directly to lessen 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, amounting to 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, resulting in a total of R9 during May and June.

“The intent behind this straightforward offer is to ensure convenience,” Woodhatch adds. “Customers don’t need to rethink their spending or navigate complicated requirements. They only need to refuel as they usually would. This simplicity enhances the practicality and impact of the benefit.”