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#2020TwoPointO

We believe that no year should be written off especially one with the power to redefine your future and turn delayed dreams into windows of opportunity.

Join the nationwide movement #2020TwoPoint0 and bring a new energy, a new attitude and a new momentum that will make you look back on this chapter on your journey to success with zero regret. We have been amazed by the things people have been getting up to during lockdown – whether it is improving their cooking or baking skills, or learning to play a new musical instrument, people have been busy. Even during alert level 3 of lockdown, many people may still have some flexibility in their time. It may be useful to also use this time to take care of personal admin that you usually put on the backburner for the end of the year.

Whether it’s finally putting time into investigating that leak on your ceiling, clearing your gutters and drains or any other wear and tear on your property, use the time wisely and take preventative measures to protect your valuables.

Now is also the perfect time to re-evaluate your other insurance policies and ask yourself if you are getting the most out of your current vehicle insurance plan. Our financial advisers are operating successfully with access to online platforms and can also provide you with a quote, within minutes, for vehicle cover to make sure you are getting the best cover.

What to expect on level 3 lockdown

We will remain fully operational across all business areas under level 3 of the lockdown.

To protect the health and safety of our clients and employees we will maintain a “no visitors” policy at Momentum’s offices, unless prior arrangements were made.

Financial Relief

We recently shared our plans on how to assist clients who are financially affected by the pandemic with you. These are a reminder of the financial relief options available

An early claims cashback release on the Safety Bonus and Rewarder benefit, for clients who are eligible. Limited travel and working from home adds to your Safe Dayz™ which means more rewards toward your Safety Bonus.

Premium and cover ‘pause’ option – upon reinstatement of the premium following the pause, Momentum Car and Home Insurance will not deem the period as a break in cover, which otherwise might impact your risk profile and future premiums.

If you choose to ‘downscale’ your cover within the lockdown period and revert to the original cover within 10-working days after the lifting of the lockdown level 1, Momentum Car and Home Insurance will keep premiums the same as it was before the change, provided there is no material change in the risk.

Contact us to assist you in choosing the right option for you. You can send an email to admin.irene@momentum.co.za and we will call you back.

Momentum Multiply

Momentum Lockdown Update

3 Days in to lockdown level 4, we want to assure you that your rewards will keep coming, no matter what. We are pleased to let you know that the following benefits will be extended until 30 June.

Extra 3% in cashbacks – Get an extra 3% in cashbacks from Pick n Pay, Dis-Chem and Clicks on top of your normal cashbacks percentage. This will be applied to both in-store and online shopping. Please check directly with your nearest store for updated trading hours.

If you haven’t activated your benefits yet, click on the logo to find out how:

Weekly Wins – Get a Dis-Chem or Total voucher for your Weekly Wins treat. Wimpy vouchers are currently not available. The process to earn Weekly Wins and receive voucher codes remains the same.


The R25 voucher is valid for 14 days, can be used in-store or online. No change given.


The R25 voucher is valid for 14 days, can be used for fuel or the convenience store. No change given.

If you are giving the voucher code to the cashier in store, please take precautions when doing so. Rather read the code out to the cashier instead of giving them your phone to hold.

Yours in wellness
Johan Kleu
Executive Head: Multiply

Momentum Multiply

Multiply your money when you need it most

In these uncertain times, Multiply Money is one thing you can be sure of to get you through financially, with low risk, no monthly fees and instant access to your money.

Build up an emergency savings fund – by doing the things you already do.
The cashbacks you earn when you shop for essentials at our retail partners, Pick n Pay, Dis-Chem and Clicks are paid directly into your Multiply Money savings wallet. You can also deposit money from any South African bank account into your payment wallet, then transfer it to your savings wallet. The money in your savings wallet grows from the first cent with a great interest rate*.

If you need essentials, Multiply Money has got you covered.
Get easy, instant access to your money by making mobile payments at selected retailers, using your Multiply Money Card to shop for essentials in-store or online or transferring money to your HealthSaver account to pay for medical expenses or pet care at the vet.

It’s never too late to start saving for a rainy day.
Since you may be spending less money on non-essentials, set a savings goal on the Multiply Money app and try to save towards it during this time. Having something to work towards is a great way to stay upbeat and motivated.

The recent prime rate cuts may have also left you with extra cash that you can use to pay off your debt quicker or save in a low-risk savings vehicle – especially since the market is uncertain now – to build up an emergency fund

We encourage you to make the most out of Multiply Money during this time.


Watch this video to find out how