AVBOB Reward Account

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Every qualifying member (those whose policies were issued on or before 30 June 2018) received their share of AVBOB’s R3.5 billion Special Bonus that has been credited to their AVBOB Reward Account.

In the unfortunate event that the main insured person passes away before 65, the full AVBOB Reward Account balance will be paid out. Members therefore benefit on either survival or death – which is as it should be for a member of our family.

The policyholder can withdraw the full balance in a single transaction, or (only where the amount owing exceeds R5 000) make multiple withdrawals of at least R1 000 per withdrawal, up until a closing balance of R5 000 (which has to be withdrawn in a single final transaction).

Members can request withdrawals by:

  • Visiting any AVBOB branch
  • Contacting the call centre on 0861 28 26 21

Have your ID or driver’s licence and your bank statement ready.