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Originally published by Capital Business
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business
June 8, 2026
1mo ago

Turn Everyday Spending into Real Value with SBM Rewards Program

Turn Everyday Spending into Real Value with SBM Rewards Program

NAIROBI, Kenya, June 8 - Customers today expect more from their banks than traditional financial services. They are looking for value, relevance, and Kenya breaking news | Kenya news today |..

✨ Key Highlights

SBM Bank has launched the SBM Rewards program via its Mfukoni app, allowing customers to earn redeemable points on everyday card spending.

  • Customers earn points for every purchase made with their SBM cards, redeemable for various services and products.
  • Key redemption options include airline tickets, hotel stays, restaurant vouchers, e-gift vouchers, and direct cashback.
  • The program is accessible through the Mfukoni app, offering customers control over tracking and redemption.

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Part of the Day's Coverage

SBM Bank Unveils Rewards, Platinum Saver; KBA Advocates PAYE Cut - June 2026

SBM Bank has launched the SBM Rewards program via its Mfukoni app, allowing customers to earn redeemable points on everyday card spending. The bank also introduced the Platinum Saver Account, offering high interest rates to help customers grow their savings efficiently. Meanwhile, the Kenya Bankers Association is advocating for a uniform Pay As You Earn (PAYE) tax cut across all income brackets, arguing that targeted relief for low-income earners will have a limited economic impact. Additionally, Airtel Kenya has opened four new customer care centres in Nairobi to address the increasing demand for mobile connectivity, digital, and financial services.

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