Beem It offers cashback rewards through small businesses

Aussie online payment platform, Beem It, is introducing a new app component which allows shoppers to access rewards and special offers – plus the potential to earn cashback on purchases – when shopping with small businesses.
Beem It’s core offering lets users make secure instant bank account transfers, money requests and split payments without the hassle of swapping banking details. The new capability called Beem Rewards will be led by local businesses who sign up and create tailored deals for customers.
It’ll include a map view to help bargain hunters scout out local offers, and it’s all set to roll out in the first quarter of 2022.
Beem It chief executive Mark Britt said this addition to the digital wallet transitions its social payment functionality to one that also supports local businesses.
“After two really tough years, Aussies understand it’s time to back local businesses,” Britt said. “Beem Rewards gives businesses a potent new platform to connect with customers and foster better understood relationships.”
Digital wallets and banking apps in 2022
Digital wallets have taken off in the last few years, with a growing number of Australians ditching physical wallets in favour of virtual ones.
Major tech companies and new players alike have introduced their own versions of smartphone enabled payment platforms. From Apple Pay to Google Pay, Samsung Pay and everything in between, there are a bunch of options to choose from depending on your mobile operating system and preference.
So you know the ins and outs of the main digital wallets available in Australia, we’ve prepared a guide to mobile payment platforms. And if you want to organise your finances on the go via your digital pocket pal, you may also want to investigate our favourite budgeting and savings apps.
Compare bank accounts - last updated 29 June 2022
-
Transaction Account
account fee
Payment Options
interest rate
$0.00Apple Pay, Google Pay, PayID1.50% p.a.Earn 1.50% p.a. interest on all balances. No monthly account fees. Winner of a Mozo Experts Choice Australia's Best Bank 2022^.
CompareCompareTransaction Account
Earn 1.50% p.a. interest on all balances. No monthly account fees. Winner of a Mozo Experts Choice Australia's Best Bank 2022^.
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID
- interest rate
- 1.50% p.a.
- ATM networks
- rediATM (other ATM network fees refunded)
- What kind of card?
- Debit Mastercard
- Interest rate
- Balances from $0: 1.50% p.a.
Balances from $250,000: 1.00% p.a.
Balances from $1,000,000: 0.85% p.a.
- Fee free transactions
- Unlimited free transactions from any Australian ATMs, EFTPOS, phone, internet, BPAY and direct debits
Read our Mozo Review to learn more about the Transaction Account
-
Everyday Options
account fee
Payment Options
interest rate
$0.00Apple Pay, Google Pay, PayID0.01% p.a.An easy, everyday banking account packed with flexible options to help you spend, budget & save better. You could get $25 plus Suncorp Bank will donate 25 meals to Oz Harvest. T&C’s Apply.
CompareCompareEveryday Options
An easy, everyday banking account packed with flexible options to help you spend, budget & save better. You could get $25 plus Suncorp Bank will donate 25 meals to Oz Harvest. T&C’s Apply.
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID
- interest rate
- 0.01% p.a.
- ATM networks
- Suncorp
- What kind of card?
- Visa Debit
- Interest rate
- Balances from $0: 0.00% p.a.
Balances from $1: 0.01% p.a.
- Fee free transactions
- Unlimited free transactions from own-bank ATM, atmx ATM, Big 4 banks ATM, EFTPOS, counter withdrawals, counter deposits, phone and internet
Read our Mozo Review to learn more about the Everyday Options
-
Featured Product
Glide Account
account fee
Payment Options
interest rate
$0.00Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin0% p.a.Unlimited free internet transactions. Super fast transfers & use Apple Pay, Google Pay and Samsung Pay. No account keeping fees. Access Any Major Bank & MyState Bank ATM Fee-Free.
CompareCompareGlide Account
Unlimited free internet transactions. Super fast transfers & use Apple Pay, Google Pay and Samsung Pay. No account keeping fees. Access Any Major Bank & MyState Bank ATM Fee-Free.
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin
- interest rate
- 0% p.a.
- ATM networks
- MyState
- What kind of card?
- Visa Debit
- Interest rate
- Balances from $0: 0.00% p.a.
- Fee free transactions
- Unlimited free internet transactions.
Read our Mozo Review to learn more about the Glide Account
-
Classic Banking Account
account fee
Payment Options
interest rate
$0.00Apple Pay, Google Pay, PayID, Samsung Pay0.01% p.a.No monthly account fees ever, with no conditions. Free use at over 7,000 ATMs around Australia. No overdrawn fees if you happen to go over your account balance. Open an account in less than 7 minutes.
CompareCompareClassic Banking Account
No monthly account fees ever, with no conditions. Free use at over 7,000 ATMs around Australia. No overdrawn fees if you happen to go over your account balance. Open an account in less than 7 minutes.
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID, Samsung Pay
- interest rate
- 0.01% p.a.
- ATM networks
- NAB
- What kind of card?
- Visa Debit or
EFTPOS
- Interest rate
- Balances from $0: 0.01% p.a.
- Fee free transactions
- Unlimited free transactions from own-bank ATM, EFTPOS, counter withdrawals, counter deposits, phone, internet and Visa debit purchases
Read our Mozo Review to learn more about the Classic Banking Account
-
Orange Everyday
account fee
Payment Options
interest rate
$0.00Apple Pay, Google Pay, PayID0% p.a.Rebates on ATM fees anywhere in Oz. No ING international transaction fees. Zero monthly fees. Winner of the Mozo Experts Choice Awards 2022 for Exceptional Everyday Account.^
CompareCompareOrange Everyday
Rebates on ATM fees anywhere in Oz. No ING international transaction fees. Zero monthly fees. Winner of the Mozo Experts Choice Awards 2022 for Exceptional Everyday Account.^
- account fee
- $0.00
- Payment Options
- Apple Pay, Google Pay, PayID
- interest rate
- 0% p.a.
- ATM networks
- None
- What kind of card?
- Visa Debit
- Interest rate
- Balances from $0: 0.00% p.a.
- Fee free transactions
- Access 1% cashback on eligible utility bill payments (up to $100 per financial year), rebates on ATM fees for the first 5 fee incurring withdrawals (domestic and international) and unlimited rebates on international transactions. When you deposit at least $1,000 from an external bank account and make at least 5 card purchases using your ING debit card each month.
Read our Mozo Review to learn more about the Orange Everyday
^See information about the Mozo Experts Choice Bank Account Awards
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.