Just like Glo, Airtel, MTN Nigeria has also joined the popular reward program called CashToken. This is an electronic reward and gift commodity that offers MTN customers the chance to win cash prizes between N5,000 – N100million weekly, with guaranteed cashback.
How To Participate In MTN CashToken and How It Works
To be eligible for the CashToken weekly draw, you MUST have been gifted with CashToken by yourself or a friend at least once within the calendar week.
You can participate by dialing the short code *6700# and selecting a plan. They have a choice to buy and gift CashToken to themselves or a 3rd party (someone else).
The Gifted Cash Token serves as the virtual ticket into the CashToken Draw.
The CashToken subscription fee is N50 for 1 CashToken.
Customer can choose to buy as many CashTokens as possible via the on-demand method. However, they can only buy 1 CashToken/day or per week via the subscription design
To use the on-demand CashToken, you will choose “Buy Cash Tokens” from *6700# USSD Menu and enter the number of CashTokens they wish to buy and gift to themselves or third party.
Below are the FAQs for more information and quick reference.
FAQs MTN CASHTOKEN
Q – What is CashToken?
A Â CashToken is an electronic reward and gift commodity that offers customers the chance to win cash prizes between N5,000 – N100million weekly, with guaranteed cashback
Q – Who can participate in the CashToken the weekly draw?
A – To be eligible for the CashToken weekly draw, you MUST have been gifted with CashToken by yourself or a friend at least once within the calendar week
Q – How can I participate/ subscribe?
A – By dialing the short code *6700# and selecting a plan. You have a choice to buy and gift CashToken to yourself or a 3rd party (someone else). The Gifted Cash Token serves as the virtual ticket into the CashToken Draws
Q – How much is the CashToken subscription fee?
A – The cost is N50 for 1 CashToken
Q – Will I be able to subscribe to CashToken without enough airtime?
A – If you do not have enough airtime in your account, you will receive the following message:
Your balance is not sufficient to purchase the CashToken daily plan. Please recharge or dial *606# to borrow airtime
Q – How often will I be charged? Is it a monthly/daily/one off subscription?
A – The CashToken service currently has a daily, a weekly and an on-demand charge. Each charge is equivalent to a CashToken in the draw. The more your CashTokens, the more the chances of winning
Q – How many CashTokens can one buy?
A – You can choose to buy as many CashTokens as possible via the on-demand method. However, you can only buy 1 CashToken/day or per week via the subscription design
Q – How do I purchase on-demand CashTokens?
A – For on-demand CashToken, you choose “Buy Cash Tokens” from *6700# USSD Menu and then enter the number of CashTokens you wish to buy and gift to yourself or third party.
Q – How do I subscribe for CashToken?
A – To subscribe, you choose “Subscription plan” from *6700# USSD Menu and then gift yourself or a third party
Q – Does auto-renewal work with CashToken?
A – Yes, auto-renewal works with the subscription plan. However, your subscription will be automatically renewed only if you select auto renewal yourself at the point of subscription and if you do not unsubscribe from the service.
Q – How do I confirm that I purchased or received CashToken?
A – You will receive an SMS confirming your purchase and gifting, your cashback balance and your entry into the week’s draw.
“Your purchase of 1 CashToken has been successfully completed”
“08030000000 gifted you 1 CashToken. You stand a chance to win between N5000-N100million this week. Your cashback balance is N6.Watch draws every Sat on AiT@9.30PM”
Q- How do you get a cashback?
A – Recipients of CashToken receive a guaranteed 12% cashback on every gifted CashToken. This means N6 for 1 CashToken; N12 for 2 CashTokens, etc
Q- How do you check your cashback balance?
A – You can check your cashback via your Y’ello win wallet. However, the SMS confirming your CashToken gifting, also gives your cashback balance.
Q- How do you activate your Y’ello win wallet?
A – You can activate your wallet by creating a PIN via *6700# USSD menu
Q- How will I know that I have won?
A – You will get a win notification SMS and a phone call from the service provider.
Q – When do I receive my prize?
A – You will receive your Cash prize immediately you get your win SMS notification after the draw.
Q – How do I receive my prize?
A – The lucky winners will be credited with their winnings in their Y’ello Win wallets.
Q – How can I opt- out/ unsubscribe from the subscription plan?
A – You can unsubscribe by dialing *6700#, press 2 and then choose 3.