Top Loyalty Programs in Australia: A Comprehensive Guide

Loyalty programs are an integral part of modern customer engagement strategies in Australia. They offer many benefits and are crucial in driving customer retention.

This article explores the leading loyalty programs in Australia across banking, retail, and airlines, providing insights into their unique features and advantages.


Top Australian Retail Loyalty Programs

1. Flybuys 

Flybuys is a leading loyalty program in Australia, partnering with major retailers like Coles, Kmart, and Virgin Australia. Members earn points on everyday purchases, which they can redeem for rewards such as travel, entertainment, gift cards, and household items.
 

Recently, Flybuys launched Flypay, an online payment service that streamlines the process of earning and redeeming points. With Flypay, users can collect Flybuys points while making online purchases, enhancing the overall shopping experience. 
 

flypay on iOS

 

2. Woolworths Everyday Rewards

Woolworths Everyday Rewards lets members earn points on groceries, fuel, and purchases at Woolworths and affiliated stores. Members can redeem points for discounts on future purchases or convert them into Qantas Points for travel.
 

The program now operates across Australia and New Zealand, providing seamless benefits and member pricing in both countries. Introduced in August 2023, "Member Prices" offer lower prices on selected products for members, while the new Everyday Extra subscription service provides additional perks.

Mobile phone showing the Everyday Rewards app

 

3. Myer One

Myer One, the loyalty program from Myer department store, rewards members with shopping credits redeemable for Myer gift cards. With over 4 million active members, the program has seen substantial growth and is free to join.
 

Members earn credits for every dollar spent at Myer stores or online. Myer One features multiple membership tiers based on annual spending:
 

  • Standard Member: Spend up to $1,499 annually.
  • Silver Tier: Spend between $1,500 and $5,999 to earn perks like a $15 birthday reward and a $10 anniversary reward.
  • Gold Tier: Spend over $6,000 annually for benefits such as a $20 birthday reward, free standard online delivery, and complimentary gift wrapping.
  • Platinum Tier: By invitation only, this top level offers exclusive rewards, including a $30 birthday voucher and access to special shopping events.
     
MYER One | Buy Trending Collections Online | Afterpay | MYER

 

Top Australian Airline Loyalty Programs

1. Qantas Frequent Flyer

The popular Qantas Frequent Flyer program has extensive rewards and privileges, such as flight upgrades, lounge access, and partner offers. Members build up points through flights, credit card spending, and transactions with Qantas partners. 
 

Points can be redeemed for flights with Qantas and partner airlines, as well as for seat upgrades. Members can also use their points for hotel stays, car hire, and shopping via the Qantas Rewards Store.
 

The program also features membership tiers. Higher tiers offer additional benefits like lounge access and priority boarding.

Qantas Green Tier

 

2. Virgin Australia Velocity Frequent Flyer

Velocity Frequent Flyer has now reached 12 million members, ranking as Australia’s third-largest loyalty program (behind Qantas and Woolworths). 
 

Members earn points on flights, everyday purchases, and partner transactions, redeemable for flights, upgrades, and other rewards. 
 

Points can be earned through spending at a wide range of partner brands in retail, travel, hotels, and finance sectors. Co-branded credit cards such as American Express, allow members to earn points on purchases by automatically transferring them to their Velocity account.

 

Screenshot image 2

 

Top Australian Banking Loyalty Programs

1. Commonwealth Bank (CommBank)

The Commonwealth Bank of Australia (CBA) offers two main loyalty programs: CommBank Yello and the CommBank Awards Program.
 

CommBank Yello:

  • Personal Customers: This program features three tiers—Everyday, Everyday Plus, and Homeowner. Members enjoy benefits like monthly cashbacks, prize draws, and discounts.
  • Business Customers: The program, now expanding to include small and medium businesses, offers over $400 million annually in special deals, cashbacks, and discounts on business-related purchases like travel and technology.
     

CommBank Awards Program:

  • Points Earning: Members earn up to 1 Awards point per $1 spent on eligible transactions, with additional opportunities for bonus points.
  • Redemption: Points can be redeemed for various rewards, including shopping at Myer, travel bookings through Flight Centre, and more. Terms and exclusions apply.
     
CommBank Rewards - CommBank Everyday Account

 

Analysis of the State of Loyalty in Australia

The Australian loyalty landscape is diverse and dynamic, featuring programs across banking, retail, and airlines that cater to a wide range of customer needs. From Flybuys’ seamless online payment integration with Flypay to Woolworths’ cross-country benefits and Myer One’s tiered rewards system, these programs offer substantial value and convenience.
 

  • Diverse Rewards and Flexibility: Australian loyalty programs offer a wide range of benefits. Programs like Flybuys and Woolworths Everyday Rewards provide extensive options for earning and redeeming points, making it super easy for members to get involved and quickly accumulate points.
     
  • Clear Value for Members: Retail giants such as Myer and Woolworths use their loyalty programs to boost customer engagement and drive sales. Myer One’s tiered rewards and Woolworths’ "Member Prices" and Everyday Extra subscription enhance member value.
     
  • Enhanced Travel Perks: Airline programs like Qantas Frequent Flyer and Virgin Australia's Velocity cater to frequent travelers with flexible points usage, flight upgrades, and exclusive rewards. 
     
  • Banking Benefits: Banking programs like CommBank Yello and CommBank Awards provide versatile earning and redemption options for both personal and business customers. They offer rewards that cater to a variety of spending habits and preferences.

Conclusion

Whether you're a frequent shopper, traveler, or banking customer, the Australian loyalty landscape offers something to enhance your experience and gather valuable rewards.  

 

We hope this article has given you a clear overview of the current loyalty space in Australia, with examples from some of the most popular rewards programs across different sectors. 
 

You can stay up-to-date with Ellipsis and Loyalty Central for the latest insights into Australia's evolving loyalty landscape.

 

If you're an Australian brand looking for a tailored loyalty solution, chat to one of our experts.

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Helen Walker

Helen Walker

Senior Content Marketing Executive

Helen is our Senior Content Marketing Executive. She shares valuable information about the Future of Loyalty and will keep you up to date on the latest industry insights...

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