Super-Rewards – A cashback reward program that puts money back into your superannuation

Superannuation is essential to any Australian's retirement plans, but not everyone will have enough super once they retire. Luckily, there is a way to help Australians make extra super contributions without sacrificing other areas of their finances, and this is where Super-Rewards come in.

What is the Super-Rewards program?

Super-Rewards is a cashback reward program that rewards Australians for shopping at participating retailers by putting money into their nominated superannuation accounts. With over 1000+ participating brands, ranging from major food retailers and department stores to fashion outlets and travel providers, you can easily find places to shop and put more into your super with the click of a button. When you shop with a Super-Rewards retailer online or instore, you will receive cashback rewards directly into your super account.

How does it work?

It's easy! All you have to do is create a free account on the Super-Rewards website and link it to your chosen superannuation fund. Then, make a purchase at one of the many participating retailers online or instore, and once verified, the cashback reward will be visible in “My Rewards” and “Transactions” on your Super-Rewards dashboard. The amount of cashback varies between retailers but can be as high as 15%.

What are the advantages of voluntary contributions into my super?

The most recent holistic report on ‘Superannuation account balances by age and gender’ published in 2017 by the Association of Superannuation Funds of Australia (ASFA) revealed that many Australians need to contribute more than just their compulsory contributions to their superannuation to have adequate savings for retirement. This is especially true for women, whose super balances tend to be lower than men's due to taking time out of the workforce for family or working part-time. Finding a 'big' lump sum can be challenging – especially if you're not working. The good news is even small amounts can make a difference, and one great way is through the Super-Rewards cashback rewards program. 

What sets Super-Rewards apart from other cashback programs?

The key difference between Super-Rewards and other cashback programs is that the rewards are paid into your superannuation fund. This is instead of being paid back as a discount on a purchase or credited onto a credit card or into a bank account.

With our 'set and forget' reward program, once you sign up, a percentage of the value of any eligible purchase is paid by the retailer and then we pay directly into your super account whenever you shop with participating retailers via Super-Rewards.

While some might say, ‘I’ll just contribute extra to my super myself through savings / earning cashback into my bank’, the reality is that most Australians will never do this - and the level of voluntary contributions in the most recent APRA Annual fund-level superannuation statistics support this statement.

The fact is that Super-Rewards removes ‘choice’ in terms of how and where to spend the monies earned. If you find a spare $50 in your wallet, you’ll think of 10 different ways to spend it – a new T-shirt, lunch with a friend, something for the children. But you’ll almost certainly never prioritise contributing to your super. And that’s what Super-Rewards does on your behalf.

This ‘set and forget’ structure makes it easier for people who are not working to make extra contributions towards their future retirement savings without making huge sacrifices elsewhere in their budget. Additionally, Super-Rewards offers exclusive deals on top of its standard cashback rewards, giving customers even more reason to shop through this platform.

No matter where you are on the journey towards financial security in retirement, every little bit helps when it comes time to build a secure financial future. Super-Rewards provides Australians with an easy way to put more money aside for retirement without sacrificing other parts of their budget. With over 1000+ participating brands, exclusive deals, and up to 15% cashback going straight into your nominated super fund account, you can easily make extra contributions towards your retirement savings. So, if you want to secure your financial future in retirement, sign up for Super-Rewards today.