Carbon Savings Challenge

Carbon Savings Challenge

The CSC (Carbon Savings Challenge) is a promotion aimed at encouraging savings culture amongst our esteemed customers by rewarding 41 lucky winners monthly. You can be one of the 40 lucky winners of N100,000 (One hundred thousand naira) each or the one lucky winner to go home with N1,000,000.00 (One million naira).

The first draw for the Carbon Savings Challenge took place on November 1st, 2020. 1 lucky investor walked away with N1m, with 40 others taking home N100,000 each. 
You can view the list of past winners here
The promo is scheduled to run for another 11 draws, and, over the next year, will reward another ~450 individuals that invest money with Carbon.

The Carbon Savings Challenge is approved by the National Lottery Regulatory Commission

Eligibility Criteria
  1. Have an active investment plan that is at least 30 days old or
  2. Create an investment 30 days before the next draw date.
  3. Have at least a N5,000 balance in an active investment plan (goals, flexsave or cash vault) at the time of the draw
  4. Ensure you do not make any withdrawals/liquidations from your plan within any given calendar month.
  5. Ensure you do not have any loan account in arrears.

How will winners of CSC be selected?
On the 1st day of every month, winners will be selected via a random draw. This will be done using a software tool. 
Winners will be announced/celebrated across all our social media platforms.
User’s winnings will be paid into their Carbon account.

Will having multiple investments increase my chances of winning?
No. Each eligible user will have only one slot per draw. To increase your chance of winning, ensure you have an active plan at all times during the next year.

Will I be eligible for the CSC (Carbon Savings Challenge) with investment less than N5,000?
Clients with investment below N5,000 will not be eligible for CIC.

The N5,000 savings, must it be in a single investment or spread across different investments?
You must have at least N5,000 in any investment plan. If you do not have up to N5,000 in either a Goals, FlexSave or Cash Vault Investment, you do not qualify to win.

Do users with active loans qualify?
Yes. Users with active loans will qualify for the draw provided you meet the eligibility criteria above and loan is not in arrears.

If my investment plan is automatically liquidated within the month, will I be eligible for the draws for that month?
You will not be eligible for the draw for the month your investment plan is liquidated.

I have a loan in arrears, will I be eligible for the CSC?
Clients with loans in arrears are not eligible for the Carbon Savings Challenge. No, you must have invested for at least 30 days at the time of the draw.

I set up an investment plan less than 30 days Will I be eligible for the CSC?
No, you must have invested for at least 30 days at the time of the draw.

Is this real? Has anybody actually won this prize?
Yes. You can view the list of past winners here.

Can I win multiple times throughout the course of the competition?
No. You cannot win multiple times in a given month, or in any subsequent months. Once you are declared a winner, you don't qualify to win in subsequent months.

I've been investing with Carbon, but did not win the prize this month. What can I do to improve my chances?
While winners are selected purely at random, we recommend the following to increase your chances of getting selected in the next draw:
  1. Stay Invested. Ensure that you have a running investment at all times for the next 12 months, and you’ll qualify for each draw.
  2. Invest consistently. Ensure that you are regularly increasing your investments over time.
If I win, what do I need to do to claim my prize money?
If you win any of the cash prizes, you will be contacted directly in your Carbon app. Please note that you will not be required to make any payments or supply any codes to anyone to retrieve your prize. Beware of fraudsters!

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