How to use your PayRewards Points and unlock unmatched value

How to use your PayRewards Points and unlock unmatched value

Ready for some real talk about turning everyday expenses into genuine rewards? In this no-fluff guide, we’ll crunch the numbers and walk you through real-world examples of how the pay.com.au platform transforms your necessary business spending into valuable perks.

From breaking down the true cost-to-benefit ratio to revealing exactly what you get for every fee you pay, we’re laying all the cards on the table. No guesswork, just straight facts about maximising your business rewards.

Transferring Points to our airline and hotel partners

Transform your points into unlimited travel possibilities with pay.com.au’s extensive partner network. Here’s a list of the partners and conversion rates:

Why convert to airline and hotel partners

• A large range of different airlines and hotel partners to choose from (with an ever-growing list)
• Enhanced route and destination selection
• 4.7x more likely to find a great value reward seats whether you fly business class, economy or other.
• Generally significantly cheaper than purchasing a comparable fare with cash

Let’s start with an example. By opting in to earn PayRewards at 2 Points per $1 on your payments, you can unlock incredible value on airline tickets – Sometimes with ability to save hundreds, even thousands, compared to cash fares.

	Economy MEL - LON Return	Business Class MEL - SIN One way	Business Class DOH - LON One way
Using cash	$2,978	$3,045	$5,312
Using points	117,000 KrisFlyer Miles	45,000 Aeroplan Points	43,000 Avios
Payment via platform $	$146,250	$57,000	$64,500
Fees paid (ex GST)	$1974* inc airline taxes	$906* inc airline taxes	$871* inc airline taxes
Airline taxes	$400* inc airline taxes	$136* inc airline taxes	$244* inc airline taxes
Points earned	292,000 PayRewards Points 116,800 KrisFlyer Miles	114,000 PayRewards Points 45,600 Aeroplan Points	129,000 PayRewards Points 43,000 Avios
Total approx savings	$604	$2,139	$4,197

*Assumes a 25% tax deduction. PayRewards fee is based on a customer using the linked bank account method and selecting 2 PayRewards Points per $1 spent  @ 1.8%. 

As you can see above, business Class tickets often offer the best value. With cash fares typically costing thousands more than using points. By processing your regular business payments through pay.com.au, premium travel becomes more accessible and affordable than ever before. Ready to unlock great value reward seats? Convert points now

Redeeming for a gift card

It’s a known fact that everyone loves a gift. The ultimate crowd pleaser for pay.com.au customers, and a straightforward way to turn business expenses into flexible rewards. With PayRewards there are many great gift cards to choose from. From a versatile VISA gift card to a specific retailer such as Air BnB or Coles, the choice is yours.

The benefits of redeeming for gift cards:

• Send to yourself or others and add a message
• Use easily from your mobile wallet
• Fast delivery
• Choose from a range of different denominations in AUD
  

Let’s look at the numbers and why this is a great option for redeeming your PayRewards Points.

*Assumes a 25% tax deduction. PayRewards fee is based on a customer using the linked bank account method and selecting 2 PayRewards Points per $1 spent  @ 1.8%. 

In summary, for a net cost of $1,350 (after tax), you’ll earn enough points for a $1,600 Prezzee eGift Card – putting you $250 ahead!

Invoice and custom redemptions

Transform your earned PayRewards Points into what matters most for your business – whether that’s redeeming your PayRewards Points for an invoice, or securing those perfect custom requests such as concert tickets, travel packages, items and more. The PayRewards portal puts you in control.

Tick an outstanding bill off your list and turn your PayRewards Points into cashflow. Simply head to the portal and you’ll see the amount that you can redeem for. Upload the invoice,  submit the request and we’ll pay the invoice on your behalf using your PayRewards Points. You’ll need to allow up to 1 business day for the funds to be remitted to your recipient.

Why choose invoice redemptions:

• Free up cash flow when you need it most
• Clear pressing business expenses with earned points
• Put rewards directly back into your business operations
• Handle unexpected bills with flexibility
• Strategic timing of payments for better business management

For everything else, you can make a request for a custom redemption.

Why choose custom redemptions:

• Unlimited possibilities for redeeming points
• Perfect for corporate gifting and team rewards
• Create memorable experiences and travel opportunities
• Access unique items and experiences when you want them
• Personalised service through PayConcierge

Simply access the PayRewards Portal, choose your preferred redemption option, and let us take care of the rest. It’s that easy to turn your points into practical business solutions or extraordinary rewards.

Make the most of your PayRewards Points

The power of choice is in your hands. Whether you’re earning points through bank transfers or maximising your rewards by stacking PayRewards with your credit card benefits, you’re building value with every transaction.

Ready to redeem? Visit the PayRewards Portal below to explore all your redemption options and discover what your points can do for you.

Written by Dan Withinshaw

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About the author

Dan is a content marketing specialist at pay.com.au who transforms complex rewards programs into compelling stories. Drawing from his Kiwi roots and global adventures, he brings a unique perspective to finding value in points redemptions. With experience in startups and scale-ups, he helps readers unlock the potential of their rewards. Outside of work, you'll find Dan producing music, mixing on the decks, and immersing himself in Melbourne's sports and music culture.