Raiz Rewards is our rewards program that sits within the Raiz app. Users can earn a percentage of their purchase invested back into their Raiz Invest or Raiz Super account, and the rewards are eligible on top of on-site sales. With over 250 brands to choose from there is something for everyone – from fashion to tech to travel. Before making a purchase, simply go to the Raiz Rewards section in the app and click the “Shop Online Here” button for the brand you’d like to shop with.
We spoke to three of our users to find out what they enjoyed most about Raiz Rewards. They are Bushra K., Holly W., and Maxime R.
Why do you like Raiz Rewards?
Bushra K.
“I love that I don’t have to think about depositing money into a savings account, I’m a millennial; I want someone else to do it for me.”
Holly W.
“I feel like I’ve made a discount on my purchase but really, it’s gone to a savings account I don’t touch. The nature of the Raiz Rewards program encourages you to constantly be money-savvy and set aside savings.”
Maxime R.
“The amount of savings I get from the program are unbelievable.”
What are your favourite brands to shop with?
Bushra K.
“Lee, Ksubi, Reebok, Atmos & Here.”
Holly W.
“THE ICONIC.”
Maxime R.
“I shop THE ICONIC and I really like the Raiz surveys which are quick and easy and add good coin to the side.”
What advice would you give to Raiz users that do not currently use Raiz Rewards?
Bushra K.
“It’s easy to use, it’s a bit ‘set and forget’ which is great for when you don’t consciously want to make decisions about money. Buy your essential items and watch your money grow!”
Holly W.
“Always check before you buy something online that there could be more discounts available in Raiz rewards.”
Maxime R.
“Most of my friends already shop at these stores you may as well go through Raiz rewards so you can add to your fund!”
What do you currently do with your rewards? Leave it in your Raiz or Raiz Super account, withdraw it to spend elsewhere, use it to offset fees?
Bushra K.
”Leave it in my Raiz account!”
Holly W.
“Leave in my Raiz account.”
Maxime R.
“I currently leave it in my Raiz Super account.”
What would you like to see in Raiz Rewards in the future? Any features or specific stores?
Bushra K.
“Shopbop! I shop from there all the time.”
Holly W.
“I don’t think whether to check Raiz when I’m at checkout, so a Chrome extension would be cool!”
Maxime R.
“I would love to see some lighting stores and bunnings as this would benefit my business.”
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We continue to grow our partnerships with more brands and bring new rewards to our Raiz community.
Shop through Raiz Rewards in the Raiz app to earn a percentage of your purchase invested back into your Raiz account.
Important Information
If you have read all or any part of our email, website, or communication then you need to know that this is factual information and general advice only. This means it does not consider any person’s particular financial objectives, financial situation, or financial needs. If you are an investor, you should consult a licensed adviser before acting on any information to fully understand the benefits and risk associated with the product. This is your call but that is what you should do.
You may be surprised to learn that RAIZ Invest Australia Limited (ABN 26 604 402 815) (Raiz), an authorised representative AFSL 434776 prepared this information.
We are not allowed, and have not prepared this information to offer financial product advice or a recommendation in relation to any investments or securities. If we did give you personal advice, which we did not, then the use of the Raiz App would be a lot more expensive than the current pricing – sorry but true. You therefore should not rely on this information to make investment decisions, because it was not about you for once, and unfortunately, we cannot advise you on who or what you can rely on – again sorry.
A Product Disclosure Statement (PDS) for Raiz Invest and/or Raiz Invest Super is available on the Raiz Invest website and App. A person must read and consider the PDS before deciding whether, or not, to acquire and/or continue to hold interests in the financial product. We know and ASIC research shows that you probably won’t, but we want you to, and we encourage you to read the PDS so you know exactly what the product does, its risks and costs. If you don’t read the PDS, it’s a bit like flying blind. Probably not a good idea.
The risks and fees for investing are fully set out in the PDS and include the risks that would ordinarily apply to investing. You should note, as illustrated by the global financial crisis of 2008, that sometimes not even professionals in the financial services sector understand the ordinary risks of investing – because by their nature many risks are unknown – but you still need to give it a go and try to understand the risks set out in the PDS.
Any returns shown or implied are not forecasts and are not reliable guides or predictors of future performance. Those of you who cannot afford financial advice may be considering ignoring this statement, but please don’t, it is so true.
Under no circumstance is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz Invest or Raiz Invest Super.
This information may be based on assumptions or market conditions which change without notice and have not been independently verified. Basically, this says nothing stays the same for long in financial markets (or even in life for that matter) and we are sorry. We try, but we can’t promise that the information is accurate, or stays accurate.
Any opinions or information expressed are subject to change without notice; that’s just the way we roll.
The bundll and superbundll products are provided by FlexiCards Australia Pty Ltd ABN 31 099 651 877 Australian credit licence number 247415. Bundll, snooze and superbundll are trademarks of Flexirent Capital Pty Ltd, a subsidiary of FlexiGroup Limited. Lots of names, which basically you aren’t allowed to reproduce without their permission and we need to include here.
Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.
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).