Carbon Circles Draw and Payout
Why do you charge a fee for being in a Circle and how much is it?
The fee is paid at the same time as your monthly savings contribution. No fee is charged on the pre-paid month(s).. We charge a fee so that we can provide you with an excellent and efficient experience. Carbon is providing the infrastructure and ...
Important dates in Circles Monthly payments
1st day of the month - Regular pay ins. The monthly payment amount and the fee will be automatically debited from your account for each Circle that you are in. 3rd day of the month - Catch up payment for the monthly amount and fee will be attempted ...
How does the draw work - Draw logic
Random draw among eligible participants in each Circle. Eligibility: All participants who are up to date with their payments and have not already been drawn are eligible to be drawn
What is Draw day? How does it work?
This is the exciting bit! Every month on the 7th of the month it's Draw Day at Carbon HQ. One Member of each Circle is selected at random to be awarded the Total contribution. You will be sent an email to check their customer dashboard. How does the ...
I’ve been drawn today, when will I get my money?
Congratulations on being drawn! After the draw day happens on the 7th day, the payout happens on the 8th of the month and they will be automatically deposited into your account.
I was drawn but i am yet to be credited
Draw happens on the 7th of every month and all customers are paid on the 8th of every month. In case you are not paid by the close of business on the 8th of that month, please speak with a CS representative to know what the issue is with your ...
When will I be drawn on Carbon Circle?
Every month on the 7th of the month it's Draw Day at Carbon HQ. One member of each Circle is selected at random from those who are eligible to be awarded the Draw Total. There is no guarantee of when you will be drawn during the duration of the ...
Popular Articles
How much can I borrow on Carbon?
Carbon offers various loan amounts to its customers based on their account history and other factors, such as credit score, financial history, and repayment capacity. As a new customer, you may be eligible for one of the following loans: Loan 1: ...
USSD Code
Now you can access Carbon without the internet using the code: *1303# to fund your Carbon account, buy airtime or send money. For airtime to self - *1303*Amount# For airtime to others - *1303*Amount*Phone No# To transfer to Carbon Wallet - ...
How to Level Up Your Carbon Tier
Are you eager to unlock more benefits and features within the Carbon ecosystem? Leveling up your tier is the key! Here’s how you can elevate your status and enjoy more exclusive rewards. Engage with Carbon Services The more you interact with Carbon’s ...
How to get a Carbon loan
Download the Carbon app from your google play store OR the apple store, sign in or sign up to identify yourself and this will take you to our brief registration/application forms. Complete an application with valid information and click on "apply for ...
Understanding Carbon's Customer Tiers
Why tiers? At Carbon, we’re dedicated to enhancing your financial journey with us. To achieve this, we’ve introduced a tier-based system that recognizes and rewards your financial behaviors and interactions within our ecosystem. But what exactly are ...