Cashback rewards credit cards

  • Who doesn't love some cold, hard cash for their credit spend? With cashback rewards credit cards rewards points are converted into cash rather than flights or products so you get to choose how and when to reward yourself.

  • How do cashback rewards cards work?

    Cashback cards work in the same way as other rewards credit cards. For every dollar you spend you earn rewards points and then those points are redeemed for cash. Some cashback cards will issue a cash voucher or credit a cash amount back to the account. For more info read our handy guide cashback credit cards unveiled.

  • How do I compare cashback rewards cards?

    Simple. Mozo has developed the Rewards Revealer tool which does this for you in seconds. Not only does this amazing tool show you which rewards credit cards will offer the best cashback rewards, it sorts them based on your own annual credit card spend so you can be sure you're getting the best deal.

  • We compare 86 rewards cards from 38 banks

  • We update rewards credit card information on our site daily

  • You should select a rewards card based on your annual spend

Cashback rewards credit card comparisons on Mozo

    • Bankwest
      More
      • Get 4,000 More Rewards Bonus point
      • Earn 1.5 points for every $1 you spend on eligible purchases
      • $70 annual fee
    • rewards description

      Redeem your points for cashback, travel, gift cards, retail rewards and shopping gift cards.

    • annual fees

      $70


      interest rate

      19.49%

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    • Bankwest
      More Gold
      • Complimentary travel insurance with up to $30,000 cover
      • 0% p.a. on balance transfers for 6 months
      • Up to 55 days interest free
    • rewards description

      Redeem your points for cashback, travel, gift cards, retail rewards and shopping gift cards.

    • annual fees

      $120


      interest rate

      19.49%

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    • Bankwest
      More Platinum
      • Get 16,000 More Rewards Bonus points
      • Earn 2 points for every $1 you spend on eligible purchases
      • No foreign transaction fees on online or overseas spend
    • rewards description

      Redeem your points for cashback, travel, gift cards, retail rewards and shopping gift cards.

    • annual fees

      $130


      interest rate

      19.49%

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  • Rewards credit card reviews

      • Commonwealth Bank credit card review

        Great CASH redemption benefit

          11. Overall customer rating
          12. (Reviewed 5 days ago)

        This particular Mastercard product is unique in that it not only has the most competitive rate but also allows customers the option of redeeming the points accumulated for CASH which is very useful as compared with products. A point to note is tha...       Full review 

        This particular Mastercard product is unique in that it not only has the most competitive rate but also allows customers the option of redeeming the points accumulated for CASH which is very useful as compared with products. A point to note is that although you need more points to get a decent product, as is with most reward programs, the redemption of CASH amount vis-a-vis the points exchanged is good. That is why I will never part with this CBA Mastercard product because of this unique feature although it would have been great if it also came with a low rate credit card instead of a normal credit card offer.


          11. Price
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        Commonwealth Bank Platinum Awards Credit Card credit card review by Jonathan from Western Australia

        Was this review helpful?

        Yes

      • ANZ credit card review

        Good online access security & customer service

          11. Overall customer rating
          12. (Reviewed 5 days ago)

        I have used this card for the past 7 years and it's efficient in terms of online connectivity, ease of use and most of all a BANK that I can trust to monitor and look after my online charges. Recently, I was informed that ANZ suspected a card frua...       Full review 

        I have used this card for the past 7 years and it's efficient in terms of online connectivity, ease of use and most of all a BANK that I can trust to monitor and look after my online charges. Recently, I was informed that ANZ suspected a card fruad or breach and had suspended my card. Through the phone we went through some of the suspicious charges and was able to identify one of them. This helped prevent monetary loss and to prevent merchant from further using the card details, ANZ has opted to replace with a new card with a different card number and PIN. I love to have ANZ as my banker as they really understand their customers' needs and looks after their finances as a friendly trusted bank.


          11. Price
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        ANZ Low Rate credit card review by Jonathan from Western Australia

        Was this review helpful?

        Yes

      • Commonwealth Bank credit card review

        Bad rates dreadful customer service

          11. Overall customer rating
          12. (Reviewed 5 days ago)

        I had a credit card with them and they are all friendly and helpful at first. Then you find out things the hard way when you start to use your card. They are all on bonuses they are given a sales target to reach. So they really don't give a dam...       Full review 

        I had a credit card with them and they are all friendly and helpful at first. Then you find out things the hard way when you start to use your card. They are all on bonuses they are given a sales target to reach. So they really don't give a damn who they sign up.


          11. Price
          11. Features
          11. Service
          11. Convenience
          11. Trust
        Less
        Commonwealth Bank credit card review by Patricia from New South Wales

        Was this review helpful?

        Yes

  • Credit card guides

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