PSP Cashback

What PSP cashback is, how it differs from a discount or income, when it becomes payable and what happens with cancelled sales.

PSP cashback is the monetary benefit, up to R3 000, that becomes payable to a qualifying participant once every requirement is satisfied, including the successful sale and delivery of a new vehicle tracked back to their content. It is paid onto an authorised Mastercard rewards card, not deducted from your bank instalment.

The FAQs cover the difference between cashback, a discount and income; when cashback becomes payable; whether a lower amount is possible; and what happens with cancelled or failed vehicle transactions. Car4Less performs the final assessment of whether the qualifying conditions are met.

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The fundamental PSP qualification principle

The Car4Less Payment Saver Plan (PSP) is based on qualifying participants sharing approved Car4Less content through applicable social-media platforms. Sharing or posting content does not, by itself, create an entitlement to cashback or rewards.

The fundamental requirement is that the qualifying content must result in a successful sale of a new motor vehicle to an independent third-party customer, tracked and attributed back to the originator of the content, and the vehicle must be successfully delivered to that customer. That completed sale and delivery is the enabling event upon which any PSP benefit can become payable, subject always to every other eligibility, participation, content, performance, verification and Terms & Conditions requirement.

An enquiry, lead, referral, quotation, finance application, finance approval, reservation or attempted transaction is not, on its own, the required successful sale and delivery.

PSP Cashback — questions

The questions people ask about psp cashback, answered plainly.

What is PSP cashback?

PSP cashback is an applicable monetary benefit that may become available to a qualifying participant when the relevant PSP requirements have been satisfied.

Is cashback the same as a vehicle discount?

No. Cashback and a vehicle discount are different concepts. Cashback is subject to the applicable PSP qualifying requirements.

Is cashback guaranteed?

No unconditional cashback guarantee should be assumed. Cashback is subject to the applicable eligibility, participation, performance, transaction and other PSP requirements.

What is the maximum PSP cashback?

The Payment Saver Plan incorporates a maximum potential cashback of up to R3 000 in accordance with the applicable PSP arrangements.

Will everyone receive R3 000?

No. The R3 000 maximum should not be interpreted as an unconditional entitlement. The participant must satisfy the applicable requirements.

Can I receive less than R3 000?

Yes, where the applicable PSP structure permits a lower qualifying amount. The precise calculation and eligibility requirements are governed by the PSP Terms & Conditions.

What happens if I do not meet all the requirements?

The applicable cashback may not become payable, depending on which requirements have not been satisfied.

Does cashback depend on a successful vehicle sale?

Where the applicable PSP requirement specifies a successful vehicle transaction, participation must result in the required qualifying sale and delivery before the relevant entitlement arises.

Does a cancelled vehicle sale qualify for cashback?

A cancelled or unsuccessful transaction does not automatically qualify. The applicable PSP Terms & Conditions determine whether any entitlement exists.

The Car4Less Payment Saver Plan (PSP) is not an insurance policy, investment, bank deposit, interest-bearing product, dividend programme or guaranteed-income programme. Any cashback, reward or other benefit referred to in connection with the PSP is subject to the eligibility, participation, content, performance, transaction, verification and other requirements in the current PSP Terms & Conditions. Examples are provided for explanatory purposes only and do not create or extend any entitlement. The maximum cashback amount must not be interpreted as an unconditional or automatic payment, and participation alone does not create an entitlement to cashback or rewards. The current Terms & Conditions remain the controlling document and prevail in the event of any inconsistency with this knowledge centre. Read the Terms & Conditions →

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