Here’s how to turn your spending into superannuation savings

Sep 02, 2023
Make your spending count and start getting cash-back straight into your super today to help you do more of the things you love. Source: Getty

Who doesn’t love earning some cash back, especially with some incredible perks like helping to secure a comfortable retirement?

If the average Australian lives for 20 years after retiring, a superannuation balance of at least $708,060 is required. This contrasts starkly with current average retirement balances of $359, 850 for men, and $289,180 for women. 

With this in mind, it’s never too early (or late!) to think about ways your super could be working harder for you.

With the cost of living and rising inflation, it’s important to find ways to make your money go further. One way to do is with the use of cash-back initiatives such as Super-Rewards, offering members a fantastic way to save money while as you spend it!  

How does it work?

In partnership with over 500 of Australia’s leading online retailers and 1000 physical stores nationally, when using the Super-Rewards platform to shop, you can earn up to 15% cashback directly into your super.

When you shop through Super-Rewards, the retailers pay a commission which is then shared with you as a thank you for your loyalty in shopping with them. 

Source: Supplied

By now you must be thinking, okay what’s the catch? But there isn’t one! 

Free to join and with no ongoing fees, Super-Rewards is changing the landscape of superannuation with this new type of contribution, and it’s compatible with all super funds and self-managed super funds.

Get your super savings started

It’s easy to get started. Become a super smart shopper and start building your retirement savings today with these simple steps: 

  1. Sign up for Super-Rewards

Sign up to start receiving your cash back via the website or download the Super-Rewards mobile app, available from both Google Play and the Apple Store.

  1. Link your cards to earn instore super cashback

Link your Aussie eftpos, Visa or Mastercard credit or debit card to your account to receive cashback when you buy in-store at participating retailers.

  1. Access your favourite retailers at your fingertips

Earn super cashback rewards on any purchase at the 1000+ participating brands. 

Note: Any purchases made via the retailer’s app will not be eligible for super cashback rewards.

  1. Watch your super grow

You can view all your purchases under “My Rewards” and “Transactions” on your Super-Rewards dashboard, where you’ll get to see the super contributions your spending has made you. 

Make your spending count and sign up for Super-Rewards today to help you have a comfortable retirement.

IMPORTANT LEGAL INFO This article is of a general nature and FYI only, because it doesn’t take into account your financial or legal situation, objectives or needs. That means it’s not financial product or legal advice and shouldn’t be relied upon as if it is. Before making a financial or legal decision, you should work out if the info is appropriate for your situation and get independent, licensed financial services or legal advice.