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loyalty programs in Australia

Top 10 Finance loyalty programs in Australia

13 November, 2025

Australians have always been smart about how they spend and save. From cashback offers to travel points, finance loyalty programs in Australia are now part of almost every household.

These finance loyalty programs go beyond collecting points. They help people save on daily expenses, earn rewards for bills, and enjoy simple cashback through credit card loyalty programs. Whether you use a debit card, credit card, or mobile banking app, you are likely already a member of one or more financial rewards programs.

Finance loyalty programs

Let’s look at the best 10 cashback credit cards and banking loyalty programs that stand out in Australia this year.

1. CommBank Awards

Type: Bank rewards program
Website: commbank.com.au

How It Works:
CommBank Awards is one of the largest finance loyalty programs in Australia. You earn points whenever you use your CommBank credit card. Points can be redeemed for travel, shopping, or gift cards at major stores.

Why People Love It:
Points never expire, and redemptions are available directly through the CommBank app, making it one of the easiest credit card loyalty programs.

Why It Matters:
It remains one of Australia’s most popular financial rewards programs for everyday spenders.

2. Westpac Altitude Rewards

Type: Banking loyalty program
Website: westpac.com.au

How It Works:
Westpac Altitude Rewards allows you to earn points on purchases and choose between Qantas, Velocity, or Altitude options.

Why People Love It:
The “Pay With Points” feature lets users use their rewards instantly to offset purchases, offering one of the most flexible financial rewards programs in the market.

Why It Matters:
Westpac’s approach shows how finance loyalty programs can turn daily transactions into meaningful value.

3. NAB Rewards

Type: Credit card rewards program
Website: nab.com.au

How It Works:
NAB Rewards lets customers earn points for everyday transactions and redeem them for shopping, travel, or digital gift cards.

Why People Love It:
The system is flexible, simple, and ideal for those who want everyday value without complications.

Why It Matters:
It is one of the strongest examples of how banking loyalty programs can create consistent, practical rewards.

4. ANZ Rewards

Type: Credit card loyalty program
Website: anz.com

How It Works:
ANZ Rewards allows you to earn points on every eligible purchase. You can redeem them for cashback, gift cards, or travel deals.

Why People Love It:
It is easy to understand and simple to manage, with clear options for redemption.

Why It Matters:
ANZ Rewards continues to be one of the most reliable financial rewards programs in Australia.

5. American Express Membership Rewards

Type: Credit card loyalty program
Website: americanexpress.com.au

How It Works:
American Express Membership Rewards is one of the most premium finance loyalty programs in Australia. You earn points on every purchase and can redeem them for shopping, travel, or cashback.

Why People Love It:
Amex provides excellent earn rates and some of the best partner deals among the best 10 cashback credit cards in the country.

Why It Matters:
It sets a high standard for credit card loyalty programs that focus on both premium experiences and strong everyday rewards.

loyalty programs

6. Qantas Frequent Flyer (Credit Card Linked)

Type: Financial rewards program
Website: qantas.com/fflyer

How It Works:
Qantas Frequent Flyer links with several major banks, allowing members to earn Qantas Points on credit card spending. Points can be used for flights, hotel stays, and shopping.

Why People Love It:
It connects everyday spending with long-term travel goals.

Why It Matters:
This partnership shows how finance loyalty programs in Australia are merging lifestyle and financial benefits.

7. Velocity Frequent Flyer

Type: Airline and finance loyalty program
Website: velocityfrequentflyer.com

How It Works:
Velocity partners with banks like NAB, Westpac, and American Express. You earn points on your everyday purchases and can redeem them for flights, gift cards, or online shopping.

Why People Love It:
It is flexible and easy to link with other banking loyalty programs.

Why It Matters:
Velocity proves that finance loyalty programs can go beyond travel and create real lifestyle value for cardholders.

8. CommBank Smart Awards

Type: Digital-first rewards program
Website: commbank.com.au/smart-awards

How It Works:
You earn points on all purchases made with your CommBank Smart Awards card, and rewards can be managed through the CommBank app.

Why People Love It:
It offers real-time tracking and instant redemptions.

Why It Matters:
It reflects the shift of finance loyalty programs toward digital and mobile-first experiences.

9. NAB Goodies

Type: Cashback and offers program
Website: news.nab.com.au

How It Works:
NAB Goodies provides cashback when customers shop with partner brands. It ranks among the best 10 cashback credit cards in Australia for users who prefer instant rewards.

Why People Love It:
There are no points or tracking systems involved—just direct savings added to your account.

Why It Matters:
It highlights how finance loyalty programs are becoming simpler and more user-focused.

10. St.George Amplify Rewards

Type: Credit card loyalty program
Website: stgeorge.com.au

How It Works:
St.George Amplify Rewards allows you to earn points on every purchase, which can be redeemed for cashback, shopping, or travel benefits.

Why People Love It:
It offers fair earning rates and straightforward redemption options.

Why It Matters:
It proves that smaller banks can still compete with major players through smart and reliable banking loyalty programs.

Conclusion

Finance loyalty programs in Australia have evolved to fit real lifestyles. They are no longer limited to travel or high-end rewards. Instead, they offer cashback, digital vouchers, and personalized benefits that make everyday spending more rewarding.

From CommBank Awards to NAB Goodies, these programs represent the best combination of convenience and value. Whether you are looking for cashback, travel perks, or digital discounts, Australia’s best 10 cashback credit cards and banking loyalty programs provide something for every type of spender.

Loyalty in 2025 is about smart spending and real returns. Every purchase counts, and every point adds up to something meaningful.