Multiply Money

Save more, spend smarter

Multiply Money is a free benefit for Multiply members that gives you access to a savings wallet and a payment wallet. It offers a great interest rate on the money you save in your Multiply Money savings wallet, instant access to your money, and points for growing your savings balance. To help kick-start your savings, your Multiply cashbacks are conveniently deposited into your savings wallet.

Save more

Grow your savings

Deposit money directly into your Multiply Money payment wallet and transfer it to your savings wallet to earn interest. Save the cashbacks you have earned when shopping at Clicks, Pick n Pay, Dis-Chem and the Multiply online shop by keeping them in your savings wallet.

Earn interest on your savings

Earn 2.25%* interest on your cashbacks and the money saved in your Multiply Money savings wallet from the very first cent.

Get points for saving

Earn points every month for keeping a minimum savings balance in your savings wallet. The more you save, the more you earn.

Spend smarter

Get immediate access to your money. Simply transfer money to your payment wallet to spend.

Make mobile payments

Pay on the Multiply online shop

Pay with your Multiply Money Card

Send money to friends and family

Transfer to your HealthSaver

Ts & Cs FAQs FEES

*Interest rate linked to Prime

FAQs

What is Multiply Money?

Multiply Money is a free benefit when you are a Multiply member on any Multiply membership (Premier, Provider or Starter). Multiply
Money gives you access to a Multiply Money savings wallet and a Multiply Money payment wallet. It offers a great interest rate on the money you save, instant access to your money (cashbacks and savings), and points for growing your savings balance. To help kick-start your savings, your Multiply cashbacks are conveniently deposited into your savings wallet.

How can I apply for Multiply Money?

If you are a Multiply Premier or Provider member, you will automatically get Multiply Money. Multiply Starter members get Multiply Money when they earn their first cashbacks. If you are a Multiply member without Multiply Money, please contact us on 0860 111 183 for assistance.

Can I get credit on Multiply Money?

No. Multiply Money currently does not offer credit to members. You can only save money (cashbacks or savings), grow it by earning interest or share it with other Multiply Money users.

Is Multiply Money real money?

Yes. The money in your Multiply Money wallets is real money and can be used to make payments. Simply swipe your card anywhere in South Africa or make mobile payments at selected retailers to use your money.

Can I withdraw Multiply money at the ATM?

No. You can only send and receive money from your Multiply Money account, make payments by swiping the Multiply Money card or make mobile partners at selected partners.