Introducing Automatic Rewards: Simplifying cashback with Raiz Rewards
We are thrilled to unveil a new feature that will 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. Here’s everything you need to know about this exciting new feature.
What are Automatic Rewards?
Automatic Rewards is a convenient feature within Raiz Rewards that allows you to earn cashback from our brand partners automatically, without needing to click on any tracking links before making a purchase.
How to get Automatic Rewards
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.
Finding eligible brands
To see which brands participate in Automatic Rewards, log in to the Raiz Invest app and navigate to the Rewards section. Click on the Automatic tab to view all eligible brand partners.
Understanding “Inactive” and “Active” Status
In the Automatic tab, “Inactive” indicates that you need to link your cards or Round-Up accounts in the Linked Payment Methods section. Follow the prompts provided to complete the setup. Once your accounts are successfully linked, the brand tiles will show as “Active,” allowing you to shop and earn rewards automatically.
When to expect your Rewards
Your rewards will be automatically tracked, and you should see the investment in your Raiz Invest account within 14 to 100 days from your purchase date, unless specified otherwise by the partner’s Terms & Conditions. All pending and invested rewards can be seen in the Rewards History.
What if rewards aren’t tracked?
If your rewards haven’t been tracked after the specified time, contact support at support@raizinvest.com.au with a screenshot of your bank statement showing the purchase and a copy of the receipt including the date, purchase value, GST, and order ID. Keep in mind, the outcome of the partner investigation will be final and binding.
How can I get Automatic Rewards?
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.
Start earning with Automatic Rewards today!
Login to the Raiz Invest app, link your payment methods, and start shopping with our partnered brands to enjoy effortless cashback with Automatic Rewards. This innovative feature makes earning rewards simpler and more efficient than ever. Don’t miss out—activate your Automatic Rewards today and watch your savings grow!
Published 26/6/2024
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Important Information
Raiz Invest Australia Limited – Authorised Representative of AFSL 434776. The Raiz Invest Australia Fund and Raiz Property Fund are issued in Australia by Instreet Investment Limited (ACN 128 813 016 AFSL 434776) a subsidiary of Raiz Invest Limited and promoted by Raiz Invest Australia Limited (ACN 604 402 815).
Raiz Invest Super is a Division of AMG Super and is issued by Equity Trustees Superannuation Limited (AFSL 229757, RSE Licence No L0001458) as Trustee of AMG Super.
The information is general information only and does not take into account of your personal financial situation, goals or needs. You should obtain financial advice tailored to your circumstances by a licensed financial adviser.
A Product Disclosure Statement (PDS) and Target Market Determination (TMD) for Raiz Invest Australia Fund, Raiz Invest Super and Raiz Property Fund (together, the Products) are available on the Raiz Invest website and App. Please read and consider the PDS and TMD to understand the risks and determine if the Products are suitable for you. The risks and fees are fully set out in the PDS and include the risks that would ordinarily apply to investing.
Any returns shown or implied are not forecasts and are not reliable guides or predictors of future performance.
Under no circumstance is the information to be used by, or presented to, a person for the purposes of deciding about investing in the Products.
This information may be based on assumptions or market conditions which change without notice and have not been independently verified.
Any opinions or information expressed are subject to change without notice.
Home loans are subject to approval from the lending institution and Raiz Home Ownership makes no warranties as to the success of an application until all relevant information has been provided.
Raiz Home Ownership Pty Ltd (ABN 14 645 876 937), an Australian Credit Representative number 528594 under Australian Credit Licence number 387025. Raiz Home Ownership Pty Ltd is 100% owned by Raiz Invest Australia Limited (ABN 26 604 402 815).
