Every month, thousands of Nigerians spend money on electricity tokens and cable TV subscriptions.According to a report, the total spend on electronic bills, including electricity and TV subscriptions, rose by ₦576.41 billion year-on-year, reaching ₦2.63 trillion from January to November 2022, a 28.14% increase from 2021.
Whether it’s keeping the lights on or watching football, these payments are part of everyday life. But here’s a question that most people never ask: what do you get back after paying?
If your answer is “just electricity or TV,” then you’re missing out on a smarter way to handle those payments. Imagine getting real money back each time you settle your NEPA bill or renew your DStv sub.
This guide will show you exactly how to get cashback for electricity and cable TV bills in Nigeria. You’ll discover the top apps like Sycamore that reward you and how to turn your monthly payments into something that benefits your wallet, not just the power company.
What Is Cashback — and How Can You Get It on NEPA and Cable TV Bills?
Cashback is simply a refund of a small percentage of the money you spend. Instead of paying your NEPA or cable TV bills and getting nothing in return, some platforms give you a portion of your payment back, usually as real, spendable cash.
Think of it like this: you pay ₦10,000 for electricity, and the right app sends ₦300 back to your wallet.
Not as a promo point. Not as a coupon. Real Naira, instantly usable. That’s the kind of reward smart bill payers now look out for.
So yes, you absolutely can get cashback for electricity and cable TV bills in Nigeria. The only catch? You need to use an app that actually supports it, not just one that advertises vague “rewards” without delivering value.
How Sycamore Rewards You for Paying Bills You’d Pay Anyway
Sycamore isn’t just another bill payment app, it flips your usual monthly routine into a cashback and savings opportunity. When you pay your electricity and cable TV bills through the Sycamore app, you get an automatic 3% cashback credited to your wallet.
No need for promo codes, limited-time offers, or coupon claims.
What makes it more powerful is how it’s tied to your financial goals. To unlock the cashback, all you need is an active Target Savings Plan. This plan doesn’t just sit there either but earns up to 20% annual interest.
That means while you’re paying for NEPA or DStv, you’re also saving and earning.
Let’s break it down: you pay ₦15,000 for light and TV every month, get ₦450 back instantly, and your savings continue to grow in the background. You’re not changing your lifestyle. You’re just switching to an app that pays you back.
Click here to download the Sycamore App and start earning on every bill payment you make.
Best Apps That Offer Cashback on Electricity and Cable TV Bills (2025 Review)
With more Nigerians relying on digital platforms to manage their bills, several apps now claim to offer cashback. But not all cashbacks are created equal. Some give you real money, while others lock you into points or promos that expire before you can use them.
Here’s how the top options stack up when it comes to cashback for electricity and cable TV bills:
| App | Cashback on NEPA/Cable | Conditions | Wallet Interest | Notes |
| Sycamore | 3% | Requires Target Savings Plan | Yes | Real cashback + daily interest earnings |
| OPay | Varies (0.5%–5%) | Promo-based only | No | Best during promo periods |
| PalmPay | Coupons | Frequent usage required | No | Rewards are coupon-based that expires, not cash |
| Carbon | None | No cashback offering | No | Better for loans and ecosystem users |
| JumiaPay | Seasonal | Tied to big campaigns | No | Works best during festive discount seasons |
Only Sycamore consistently offers real cashback for utility payments, with no promo triggers or fine print. Plus, the ability to earn daily wallet interest in multiple currencies (Naira, Dollar, Euro, Pound) makes it the most savings-friendly option in 2025.
Click here to download the Sycamore App and start earning on every bill payment you make.
A Real-Life Story: How I Got Paid Back for Power Bills I Already Budgeted
When Faith, a remote worker living in Port Harcourt, switched to paying her electricity bills with Sycamore, she wasn’t expecting much. Like most people, she just wanted the convenience of buying NEPA tokens without queueing or delays. But what happened after her first payment surprised her.
“I topped up ₦10,000 for light like I normally do. After the transaction, I checked my wallet and saw ₦300 added back. I thought it was a glitch at first,” she said. It wasn’t a glitch but it was Sycamore’s 3% cashback, automatically credited because she had a Target Savings Plan set up.
That ₦300 felt small on its own, but over a year, it adds up to ₦3,600. And that’s just for electricity. Faith also uses Sycamore to pay for DStv monthly. Together, her bills now give her over ₦5,000 yearly in cashback, plus her wallet earns interest daily. She’s not doing anything extra, just paying her regular bills smarter.
Stories like Faith’s prove one thing: with the right app, your everyday spending can quietly fund your savings without changing your lifestyle.
Click here to download the Sycamore App and start earning on every bill payment like Faith.
Common Cashback Traps to Avoid When Paying NEPA and Cable TV Bills
Not all “cashback” is created equal. Many Nigerians assume they’re getting a deal just because an app claims to offer rewards. But if you don’t look closely, you might fall for tricks that give you less value than you think.
- One of the biggest traps is receiving points instead of real Naira. Some apps offer reward points that sound exciting, until you realize you can’t withdraw or even use them freely. Points often expire or can only be used for specific services, making them more frustrating than rewarding.
- Another red flag is locked cashback. This happens when you must spend more or complete extra steps before the cashback becomes usable. It sounds like a bonus, but it’s really just bait to get you to spend more money.
- You should also watch out for apps that inflate prices. They hike up the cost of bills, then act like they’re giving you cashback. In reality, they’ve already taken that money from you upfront. Similarly, some only offer cashback during rare promo windows, so you miss out if you’re not constantly watching for deals.
The best cashback for electricity and cable TV bills is automatic, consistent, and in spendable cash, not points or coupons. That’s why Sycamore’s model stands out. It gives you real money back, with no tricks, no expiry rules, and no price hikes hidden under the hood.
Quick Setup Guide: How to Get Started With Sycamore in 5 Minutes
Getting started with Sycamore is simple. You don’t need any technical knowledge or a special setup. If you already pay electricity or cable TV bills online, this will feel familiar; just better, because now you get rewarded.
Step 1: Click here to download the Sycamore app from the Google Play Store or Apple App Store. It installs in seconds, and the interface is clean and user-friendly.
Step 2: Sign up and complete your KYC verification. This step keeps your account secure and fully functional, in line with regulatory requirements.
Step 3: Create a Target Savings Plan. You choose how much you want to save and how often; daily, weekly, or monthly. This is what unlocks your cashback. You can start with as little as ₦1,000
Step 4: Click on the “Bills & Airtime” button. Select electricity or cable TV, then enter your meter number or smartcard ID or any other form of Identification requested, and pay like you normally would.
Step 5: Receive your Cashback instantly. It appears as real Naira in your wallet, ready for use or withdrawal. No waiting, no manual steps, no hidden conditions.
This entire process takes about five minutes. And once it’s set up, you can repeat your bill payments as much as you want, every month. But this time around, your bills start paying you back.
The Final Word: Your Bills Can Be a Source of Passive Saving, Start Today
Every month, your electricity and cable TV payments take money out of your wallet. That won’t change. But what can change is what you get back in return.
With Sycamore, those same bills now come with cashback for electricity and cable TV bills, with real Naira, not confusing points or locked rewards. You pay exactly what you’ve always paid, but this time, your money circles back to you. And with the Target Savings Plan you have already set up, your wallet doesn’t just get cashback but grows with daily interest too.
If you’re already spending on NEPA tokens and DStv, there’s no reason not to get paid back for it. Let Sycamore turn every bill into a small win for your finances. It’s not magic. It’s just smart.
Click here to download the Sycamore App and start earning on every bill payment you make
