ANZ launches Bonus Points Mall to compete with other online shopping portals

ANZ has launched their own online retail portal called ANZ Bonus Points Mall, giving customers the chance to reap ANZ Rewards points with some pretty favourable earn rates.

This is a great win for ANZ Rewards cardholders, and adds a USP to ANZ Rewards versus using other online malls, as the flexibility of ANZ Rewards points allows you to leverage them for more options and greater value than earning a single frequent flyer program’s currency.

The participating retailers

With 43 retailers at launch (full list here), it is definitely smaller than the offerings from Qantas and Velocity, but one can expect that list to grow with time.

It includes a mix of Australian retailers like The Iconic, Bonds and Country Road, but also overseas companies such as Apple, eBay, Macy’s, ASOS and Marks & Spencer.

Earn rates

RetailerANZ Rewards points per $1 spent
Apple Store Australia3
ASOS AU10
Aveda10
Bonds10
Booktopia10
Charles Tyrwhitt AU10
Cotton On10
Country Road8
Dan Murphy's7
David Jones10
Dell7
eBay Australia3
Forever New8
Fossil10
General Pants6
Glasshouse Fragrance10
Hotels.com8
iTunes Australia10
Kathmandu8
Kogan.com4
L'OCCITANE4
Lorna Jane7
Macy's [AU]8
MARCS10
Marks & Spencer UK10
Menulog AU3
Microsoft Store AU3
My Pet8
Oroton7
Peter Alexander7
SABA7
Samsung AU6
Seafolly10
Smiggle7
Sportscraft7
StrawberryNET10
SurfStitch8
Ted's Cameras3
The Body Shop8
The Iconic6
Wiggle4
Wotif10
Zanui10

All cardholders of credit cards linked to ANZ Rewards are eligible to use the ANZ Bonus Points Mall. Our full guide to ANZ Rewards is here, and the new ANZ Rewards Travel Adventures Card is here.

A comparison with other online malls

It looks like the ANZ Bonus Points Mall has some favourable – or at least comparable – earn rates (at least for now) compared to common malls that Australian buyers tend to use. We compared the earn rates for a range of retailers across four of these malls:

Online retailerANZ Bonus Points MallQantas Online MallVelocity eStoreCashRewards
Apple322-
eBay3121.25% cashback
Bonds10426.4% cashback
David Jones105-6% cashback
Dan Murphy's7--7% cashback
iTunes10325.6% cashback
The Iconic6428% cashback

Note that CashRewards may offer you cold hard cashback, but it also often has some restrictions on how you earn, depending on the product(s) purchased. For example, wine bought at Dan Murphy’s will earn the maximum 7% cashback while beer is half of that, so make sure you check out the terms and conditions for each retailer on the CashRewards website.

Key terms

  • Points are not earned on gift card purchases, GST or delivery/shipping charges
  • Points can take up to 90 days to credit to your ANZ Rewards account – so you can’t rely on this as a way to top up for a specific redemption

There are also other bonus point options run by programs like KrisFlyer, Asia Miles Citibank and Westpac, so if you are going to make an especially large purchase, it would be useful to check out our Bonus Points Earn Finder Tool for a full comparison.

ANZ launches Bonus Points Mall to compete with other online shopping portals was last modified: November 30th, 2017 by Matt Moffitt
ANZ launches Bonus Points Mall to compete with other online shopping portals was last modified: November 30th, 2017 by Matt Moffitt