FE Credit has rolled out a nationwide promotional program, "Instant Transfer - Double Rewards," encouraging customers to make timely payments on their consumer finance products. This initiative aims to incentivize cashless transactions and improve financial literacy, ultimately benefiting customers' credit standing and future access to financial services.

The program applies to all customers who pay for FE Credit's consumer finance products via bank transfer. These products include installment loans for motorbikes, phones, and electronics, flexible cash loans, and credit cards.

To participate, customers receive one spin for a lucky draw for every 500,000 dong paid towards a consumer loan or credit card. Customers making payments via regular bank transfer will have their spins multiplied by three if they pay on or before the monthly due date. Notably, the number of spins will be multiplied by four if customers pay through FE Online 2.0. This financial application integrates functions from cash loans and digital banking services to tools for tracking, managing, and paying loans with just a few simple taps on a phone.

Customers paying via the FE Online app will receive 4 lucky spins. *Photo: FE Credit*

The program's total prize value exceeds 620 million dong. Prizes include 8 special prizes of a Honda Air Blade motorbike (standard version), 48 first prizes of Urbox gift vouchers worth 1 million dong each, and 288 consolation prizes, each an Urbox voucher worth 500,000 dong.

A FE Credit representative explained that late payments, often caused by work pressure, family responsibilities, or financial difficulties, can negatively impact customers' credit history, credit score, and future access to capital. Addressing this reality, the "Instant Transfer - Double Rewards" program aims to encourage timely payments and promote cashless transaction habits.

Customers have the chance to win a Honda Air Blade motorbike and many other valuable prizes. *Photo: FE Credit*

First launched in 2024, FE Credit continues this program as a solution combining incentives with financial education. It helps customers improve their awareness of loan management, spending control, and building sustainable financial habits. According to the company, encouraging timely payments offers not only short-term benefits but also improves access to financial products in the long term.

As the finance and banking industry accelerates digital transformation, FE Credit stated it will focus on bringing technology solutions closer to customers through daily financial activities, such as online loan payments.

Parekh Yash Kumar Hasmukhlal, Director of Credit Processing at FE Credit, stated that the program's success in 2024 provides the basis for the company to continue expanding its implementation this year. The goal is both to encourage timely payments and to help customers become familiar with and effectively use safe, convenient digital payment channels.

(Source: FE Credit)

Customers can find detailed information about the program and participate here or contact the hotline at 19006535 or 19006939.