Seventy-five winners will emerge every week with a total of 300 winners expected to emerge at the end of the promotion.
To qualify for the bumper reward, a debit card user would have to carry out at least five transactions in a week with a cumulative minimum spend of N30,000.
Debit card holders who carry out POS/WEB transactions for the first time within the period of the promotion will be given priority.
Winners will be credited with a cash-back of the maximum amount they spent on a single transaction within the week, with the maximum amount pegged at N20,000.
Diamond Bank has carved a niche as a technology driven bank.
The Diamond Debit Card is accepted for payment at millions of merchant locations worldwide with up to 35 per cent discount at partner merchant outlets.
It also provides added protection and security on customers’ online transactions.