Beem It offers cashback rewards through small businesses

By Olivia Gee · · 2 min read
Fact Checked
Advertiser disclosure
Person at the counter of a small business clothing store picking up a bag, shopping with Beem It for rewards.

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

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can search our database of 169 bank accounts.
Last updated 6 May 2025 Important disclosures
  • Mozo Expert Choice Badge
    Everyday Edge Account

    $0.00

    Apple Pay, Google Pay, PayID, Samsung Pay

    0% p.a.

    This bank account has no account keeping fees to pay. There are unlimited fee-free domestic transactions. Safe and secure digital banking. Fee-free card purchases and cash-out transactions in-store. Free access to thousands of ATMs nationwide. For customers 18 or over.

    Compare
    Go to site
    Details
  • Orange Everyday

    $0.00

    Apple Pay, Google Pay, PayID, PayTo

    0% p.a.

    ING’s Orange Everyday bank account offers no monthly fees and 1% cashback on eligible utility bills up to $100 (T&Cs apply). Experts Choice Awards Highly Commended Everyday & Savings Bank 2025^

    Compare
    Go to site
    Details
  • Everyday Global Account

    $0.00

    Apple Pay, Google Pay

    0% p.a.

    Enjoy $0 monthly account fees and international fees, with no minimum deposit or balance requirements. Buy, hold and spend in 10 currencies (AUD included) and earn 2% cashback for purchases under $100 (T&C’s apply). Mozo's Experts Choice 2025 winner for Exceptional Everyday Account.^

    Compare
    Go to site
    Details
  • Everyday Options Account

    $0.00

    Apple Pay, Google Pay, PayID

    0.01% p.a.

    Enjoy 0% foreign currency conversion fees on Visa Debit card purchases. Plus make an eligible purchase using your linked Visa Debit card to earn cashback at participating merchants. $0 monthly account keeping fees & the option to open up to 9 sub-accounts. Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL 229882 Australian Credit Licence 229882). The SUNCORP brand and Sun Logo are used by Suncorp Bank (Norfina Limited) under licence and Suncorp Bank is not part of the Suncorp Group.

    Compare
    Go to site
    Details
  • Choice

    $5.00

    Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay, Digital Card

    0% p.a.

    Enjoy no monthly account-keeping fees for the first 12 months, for deposits of $2,000 a month or for eligible customers. No withdrawal fees at branded and select non-branded ATMs. No international transfer fees when sending foreign currency overseas via Online Banking or the Westpac App. Unlimited free transactions and account enquiries.

    Compare
    Go to site
    Details

^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.

Today's bank account rates