What is PayRewards?

PayRewards offers unparalleled benefit

If there is a word to sum up PayRewards, it’s ‘unique’. Unique in terms of the airlines and hotel programs that it counts as partners. Unique in terms of the type of rewards that PayRewards members can redeem for. And unique in that it’s the fastest-growing flexible rewards program in the Australian market, with plenty of benefits still to come.

PayRewards is more than just a travel rewards program. While travel-based redemptions do form the centrepiece, they are far from exhaustive. PayRewards members can indulge in a variety of other rewards, ranging from the simple options, such as concert tickets, to the exclusive, like a Toyota Hilux. The PayRewards world is your oyster!

How does PayRewards work?

In a nutshell, PayRewards is the rewards program of pay.com.au, with PayRewards Points being the program’s currency. PayRewards Points can be transferred to many leading airline and hotel programs, as well as redeemed for a wide variety of non-travel rewards.

As a pay.com.au customer, if you pay your business expenses through the platform with your linked credit card or bank account, you have the option to earn PayRewards Points, which will be accrued in addition to any credit card rewards points that you normally earn. As such, you can double-dip on points – once from your credit card and again from earning PayRewards Points.

And if you really want to maximise the benefits, why not pay your credit card bills with a bank transfer and earn PayRewards Points on that payment? The ultimate triple dip!

Who should earn PayRewards Points

Essentially, any business with an ABN or ACN looking to earn rewards from their business payments can use pay.com.au. Everyday expenses are a necessary part of doing business, so why not get rewarded for doing so?

PayRewards Points are especially useful for those who travel extensively and are looking to optimise their travel options when redeeming for reward seats. Flexible rewards programs like PayRewards open you up to many more options when redeeming for flights.

Transfer partners & rates

The PayRewards Program currently has nine airline and three hotel partners. These are:

Airline partners

Transfer Partner	Redemption Rate
Air Canada Aeroplan	2.5 PayRewards Points = 1 Aeroplan Point
Asia Miles (Cathay)	3 PayRewards Points = 1 Asia Mile
Qantas Business Rewards	2 PayRewards Points = 1 Qantas Point
Qatar Airways Privilege Club	3 PayRewards Points = 1 Avios
Singapore Airlines KrisFlyer	2.5 PayRewards Points = 1 KrisFlyer mile
Thai Royal Orchid Plus	3 PayRewards Points = 1 Royal Orchid Plus mile
The British Airways Club	3 PayRewards Points = 1 Avios
Velocity Frequent Flyer	2 PayRewards Points = 1 Velocity Point
Vietnam Airlines Lotusmiles	2.5 PayRewards Points = 1 Lotusmile Mile

Hotel partners

Transfer Partner	Redemption Rate
Accor Live Limitless	4 PayRewards Points = 1 ALL Point
IHG One Rewards	2 PayRewards Points = 1 IHG One Rewards Point
Marriott Bonvoy	1.75 PayRewards Point = 1 Marriott Bonvoy Point

For a full updated list of our partners, please head to our website

Benefits of Earning PayRewards Points

The benefits of using PayRewards Points are similar to those of the American Express Membership Rewards Program. As a recap, these were:

While there are similarities between PayRewards and American Express Membership Rewards, there are also differences.

And these differences mean that PayRewards users get all the benefits that American Express Membership Rewards do, but also, more.

So, what more can I get with PayRewards? We already mentioned that you can redeem your points for almost anything, which is a unique feature not found in any other Australian loyalty program.

Think about this:

• Which program allows you to redeem your reward points for a Toyota Hilux?
• Which reward program allows you to redeem your reward points for top-of the-range golf clubs?
• Which reward programs allow you to redeem your reward points to pay your business invoices?

There is only one PayRewards. And these are just a few examples of what we mean when we say anything.

American Express Membership Rewards and PayRewards have many leading airline partners, and some of them are exclusive to their respective programs. This means that your options expand even further by combining the two, and you will see your ability to find a reward seat stratospherically (pun intended) increase.

So why not join both programs and combine the two to get the best of both worlds? Now that is a rewards powerhouse!

Key Takeouts

• PayRewards is a major flexible rewards program, with many leading airline and hotel programs that it counts as partners.

• The program is unique in the Australian market in that unlike other rewards programs, you can redeem your PayRewards Points for almost anything, including purchasing business equipment, payment of business invoices, and even buying work vehicles.

• Any business with an ABN or ACN that wants to be rewarded for paying its business expenses can join PayRewards.

• You can earn on three separate occasions for the one business expense that you pay. We like to call it triple-dipping.

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