Raiz introduce Automatic Rewards to simplify cashback rewards

Raiz introduce Automatic Rewards to simplify cashback rewards

Australia’s leading investment app Raiz have unveiled a new feature to transform your shopping experience – Automatic Rewards. With this innovative addition, transactions with select brands will be automatically tracked, and cashback will be directly deposited into your Raiz account.

Automatic Rewards is a convenient feature within Raiz Rewards that allows you to earn cashback from Raiz’s brand partners automatically, without needing to click on any tracking links before making a purchase.

Commenting on the launch, Brendan Malone, Raiz Managing Director and CEO, said, “It is so important in this current economic environment that Raiz helps our customers save money, with these automated rewards customers will get cashback for their consistent loyalty and as we know, every dollar helps.”

To start earning Automatic Rewards, simply link your card or bank account as a Round-Up Account. Ensure these accounts are ticked for monitoring purposes. Once linked, any purchases you make with Raiz Rewards’ partnered retailers will automatically earn you cashback. Be sure to review the Terms & Conditions for each partner, as some may have specific requirements.

To be eligible for Automatic Rewards:

  • Rewards will automatically track when you shop using a payment method connected to an eligible linked Round-Up account and/or cards.
  • If the partnered brand is shown as inactive, you need to link your cards and/or Round-Up account in the Linked Payment Methods section on the rewards page. Follow the steps in the Linked Payment Methods section to complete the setup to start using Automatic Rewards.
  • Once your eligible cards and/or Round-Up account are successfully linked, you’ll see that the brand tiles are now showing as active, and you can shop with the specific brand partners using your linked cards and/or accounts.
  • Pairing a transaction with a coupon/discount code from a third-party rewards program may make you ineligible for Automatic Rewards.
  • For each new purchase, ensure your linked Round-Up account and/or cards is active and is being used for the transaction.

You can start earning with your Automatic Rewards today by logging in to the Raiz Invest app, linking your payment methods, and start shopping with Raiz’s partnered brands to enjoy effortless cashback. This innovative feature makes earning rewards simpler and more efficient than ever.