AltBank Transfer Reward Campaign 2026
Use the AltBank app for your transfers from 20 May to 31 December 2026. Every month, the customer with the highest verified transfer count wins an iPhone 17e, while active customers can also qualify for 1GB data.
One verified monthly winner gets the grand reward.
All qualifying transfer activity must be completed on the AltBank Mobile App within the applicable calendar month.
Carry out eligible transfers through the AltBank Mobile App.
Complete at least 30 eligible transfers in a calendar month to compete for the iPhone 17e grand reward.
The top performers will be displayed using first name and the last four digits of their phone number only. Account numbers, full phone numbers, email addresses, and full names will not be shown.
Rewards are based on verified eligible transfers completed within each calendar month.
The monthly winner is the eligible customer with the highest number of verified eligible transfers. If there is a tie, winner selection will follow AltBank's approved verification and tie-break process.
Customers who complete at least 20 eligible transfers in a month qualify to receive 1GB mobile data, subject to verification and the campaign terms.
The leaderboard will show top-performing customers using first name and the last four digits of their phone number after transfer verification.
| Rank | First name | Last 4 phone digits | Eligible transfers | Status |
|---|---|---|---|---|
| 1 | Coming soon | ---- | Pending verification | Leaderboard opens after campaign activity begins |
| 2 | Coming soon | ---- | Pending verification | Masked identifiers only |
| 3 | Coming soon | ---- | Pending verification | Monthly ranking |
Please read the campaign terms before participating. Participation in the campaign means you agree to the terms below.
The AltBank Transfer Reward Campaign runs from 20 May 2026 to 31 December 2026, unless modified, suspended, or terminated in line with the campaign terms and applicable regulatory requirements.
One eligible customer will emerge as the monthly winner of an iPhone 17e 256GB. To qualify, a customer must complete at least thirty (30) eligible transfers within the calendar month.
The winner will be determined by the highest number of eligible transfers completed during the applicable month. In the event of a tie in transfer count, winner selection will follow AltBank's approved verification and tie-break process.
Customers who complete at least twenty (20) eligible transfers within a calendar month qualify to receive 1GB mobile data. Data rewards are non-transferable and cannot be exchanged for cash or other benefits.
Eligible transfers are transfers completed through the AltBank Mobile App. Only transfers count toward this campaign. Transfers outside the AltBank App do not qualify.
Customers must not engage in suspicious, repetitive, circular, self-funded, automated, abusive, or fraudulent activity intended to manipulate transfer counts or gain unfair advantage. AltBank may disqualify participants and forfeit rewards where abuse or ineligible activity is identified.
AltBank may publish a leaderboard showing top-performing customers based on transfer count. The public leaderboard may display first name and the last four digits of the customer's phone number only. Full customer names, account numbers, full phone numbers, and email addresses will not be displayed.
Monthly rewards will be processed after winner verification and confirmation. Winners may be contacted through their registered phone number, email address, or in-app notification. If the advertised reward becomes unavailable, AltBank may substitute it with another item of reasonably equivalent value and similar category.
For campaign inquiries, complaints, or assistance, contact AltBank Customer Support at [email protected] or call 02017000555.
Every eligible transfer helps you move closer to the monthly leaderboard and rewards.
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The Alternative Bank is an independent financial organization in the Non-interest Banking (NIB) sector. If you receive services from, or if you have any other questions, please reach out to us via any of our contact channels. Registered address: 20 Marina, Lagos. Financial operations on the Alternative Bank is authorised and regulated by the Central Bank of Nigeria. License to commence operations was granted in 2014. Trading and investment products provided by the Alternative Bank is wholly owned.
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Abubakar Muhammad Musa is currently a Sharia Advisor and Consultant for SHAPE Knowledge Services a consulting firm based in Kuwait. He has been involved in product development, Sharia research and approval of Islamic banking products for different clients. His work covers retail banking, corporate banking and project finance deals.
Formerly, Abubakar worked as a Researcher in different units at International Shariah Research Academy for Islamic Finance (ISRA) in Kuala Lumpur, Malaysia. Besides his primary assignments in ISRA, he taught Shariah Rules in Financial Transactions to Chartered Islamic Finance Professional (CIFP) Masters online Students of International Centre for Education in Islamic Finance (INCEIF), Malaysia. He also taught MBA and BBA Students different Islamic Banking and Finance Subjects at University College of Bahrain.
Abubakar holds two Diplomas with distinction, one in Islamic Law and the other in Arabic Language from Al-Imam University Riyadh. He also holds LLB (Hons) degree in Shariah from the same University. He successfully completed his (CIFP) Professional Masters Degree Programme at (INCEIF), Malaysia. He had his internship program on Islamic Banking & Finance at Fajr Capital in Kuala Lumpur. During the programme, Abubakar conducted research relating to product structuring and market development.
Abdurraheem Ahmad Sayi is a legal practitioner and Consultant of over 16 years of active legal practice. He is currently the principal partner, A.A. Sayi & Co. (Qist Chambers) and Qadi, Independent Shari’ah Panel of Lagos State – a platform, through which he has delivered several judgments of in-depth analysis, widely applauded by leading legal and intellectual icons, including learned Judges, professors of law and Islamic Studies.
He is the Executive Director/C.E.O., ClearPath Islamic Centre (Incorporated), Lekki-Lagos and Chief Imam, SilverPoint Central Mosque, Badore, Ajah-Lagos. Fondly called Imam Sayi, Abdurraheem is the designate Chairman, Shari’ah Advisory Committee, Mutual Benefit Takaaful.
Imam Sayi has also authored a few works, some of which include: The Financial Obligations: a compendium of essays on monetary or material obligations under Islamic Law and Waqf (Charity Endowment): The Governing Principles.
He holds a Certificate on Improving Personal Effectiveness from the Lagos Business School (Pan African University) and he is a recipient of numerous awards and certificates of merits.
Education:
Master of Arts Law and Diplomacy, The Fletcher School of Law & Diplomacy.
Bachelor of Arts Arabic & Islamic Studies, The University of Chicago.
Shariah Board Experience:
Bank Muscat Meethaq (2013 – 2017)
Sterling Bank Nigeria (Since 2013)
University Bank, USA (Since 2006)
Abdulkader Thomas has over 35 years of diversified financial services experience in major markets. With a Master of Arts Law and Diplomacy from The Fletcher School of Law & Diplomacy and a BA in Arabic & Islamic Studies from The University of Chicago. His areas of activity have included trade finance, real estate finance, securities and alternative finance.
As the general manager of a foreign bank branch in New York, he secured the first US regulatory approvals of Islamic mortgage and instalment credit/sale as banking instruments. Later, he secured US regulatory approval for profit sharing deposits. Abdulkader has been involved in the successful implementation of these products in the US market. With more than 17years Shariah Board Experience in Bank Muscat Meethaq, Sterling Bank Nigeria and University Bank USA, Abdulkader has worked on IFTA projects in Europe, Africa, Southeast Asia, and an authority on Islamic deal structures and securities.
He also serves as a director of Alkhabeer Capital in Jeddah and Chairman of Alkhabeer (DIFC). He is a member of the international advisory board of the Securities Commission of Malaysia, a published author, and an active speaker on Islamic finance.
