FAQ/BLOG

How does Incentiv8 work?

Incentiv8 is the first graduate payout plan that will pay you out a cash lump sum when you complete your studies.

Cos we also know you're doing big things, to do even bigger things, we'll also drop you your share of R100,000 free airtime and data when you register as well as reward you with airtime and data each month while you are still studying, provided you pay your choosen monthly premium ofcourse.

All you need to do is sign up on our website at www.incentiv8.co.za/sign-up-now, select which affordable monthly package you would like (the higher the monthly package, the higher your lump sum payout will be when you complete your studies), fill in your details, pay your monthly premium, work hard and earn hard! simple!

What University must I be studying at to apply for my Incentiv8 pay-out?

Currently we only offer Incentiv8 to all students who are studying at the following Universities:

Cape Peninula University of Technology
University of Cape Town
Central University of Technology
Durban University of Technology
University of Fort Hare
University of the Free State
University of Johannesburg
University of KwaZulu- Natal
University of Limpopo
Mangosuthu University of Technology
Nelson Mandela University
North-West University
University of Pretoria
Rhodes University
Unisa
Stellenbosch University
Tshwane University of Technology
Vaal University of Technology
University of Venda
Walter Sisulu University
University of the Western Cape
Wits
University of Zululand

What do I need to be studying to be eligible?

To sign up for Incentiv8, you need to be studying towards (and have at least 6 months left of your studies) any of the following qualifications:

- Certificate
- Diploma
- Degree
- Honours
- Masters

What year of my studies must I be in to sign up with Incentiv8?

You may take out Incentiv8 anytime during your studies irrespective of what year you are in, provided that you are at least 6 months away from completing your qualification.

The closer you are to completing your studies however, the lower your monthly lump sum pay-out will be, as well as the return on your premiums, so it's best to sign up to Incentiv8 as early into your studies as possible to maximize your return, your pay-out and your monthly rewards!

Has Incentiv8 paid out students when they graduate?

Yes we have indeed!

Not only do we pay monthly rewards of airtime / data and even foodie vouchers, we are proud to announce we have paid out students who graduated in November / December 2018!


How do I pay for this awesome product?

Your monthly premium can be paid either by debit order or by EasyPay whereby you can pay at the till of any Pick 'n Pay, Woolworths, Makro, Game or Boxer store by using your EasyPay reference number which we will send you via email and sms after you sign up.

This monthly premium will run from the month in which you sign up until the end of the month in which you complete your studies and remember, the earlier into your studies you sign up, the higher the return on your payout and your rewards.

How do I get paid out?

When you complete your qualification, please email us at graduated@incentiv8.co.za with a copy of your academic history. We will then verify with your University that you indeed did complete your qualification and if there are no discrepancies we will then contact you to confirm your bank account details in which you would like us to pay your selected payout amount into and this will then be paid to you within 30 days.

Yes, its that simple!

When and how can I change my reward payout?

You can decrease to a smaller Incentiv8 package at any time, however you will only be able to increase your package in October each year (provided you have at least 6 months left of your studies).

What happens if I miss a payment?

In the event that you miss a payment, we will contact you to alert you of the missed payment. 

Please note 2 consecutive missed payments will result in cancellation of your rewards resulting in you not being eligible to receive any payout (or monthly airtime / data rewards) from Incentiv8 when you complete your studies.

What happens if I take a break from my studies?

If you take a break from your studies, you will still need to continue paying your monthly fee to us in order to keep your Incentiv8 payout amount active.

How do I cancel my Incentiv8 Pay-out?

You can cancel your Incentiv8 pay-out any time you like with us, however, all historical fees payments will be forfeited. We require 30 days written notice of your intent to cancel on info@incentiv8.co.za.