The Big Four Banks Made $30 Billion Last Year. Here's How to Get Some of It Back.

Interest rates are at 4.10%. Petrol hit $2.30 a litre last month. Groceries for a family of four cost $240 a week. Electricity is up 37% in twelve months. And if you’re on a mortgage, you’re paying roughly $230 more per month than you were six months ago.

Meanwhile, the big four banks earned a combined $30 billion in profit last year. CBA posted $2.7 billion in a single quarter.

Every dollar counts right now. So why are most Australians leaving thousands of dollars on the table?

The value hiding in your wallet

If you’re spending money on fuel, groceries, bills, and insurance — and paying with a rewards credit card — you’re earning loyalty points on every transaction. Qantas Points, Velocity, Flybuys, Commbank Awards, Amex Membership Rewards. Australians hold over 100 billion points across more than 16 programs.

But most people have no idea what theirs are actually worth.

A Qantas Point can be worth 0.7 cents or 4 cents depending on how you use it. That’s a 5x difference. The card with the highest earn rate isn’t always the best choice once surcharges are factored in. And some credit cards with $450 annual fees deliver over $1,200 in first-year value, while others with no fee deliver almost nothing.

These are decisions that cost real money when you get them wrong. And you’re making them every time you tap your card.

That's why we built PointMate

PointMate is a free Australian app that tells you exactly what your loyalty points are worth — and helps you make smarter decisions with every dollar you spend.

It covers 15 loyalty programs and 57 credit cards. It tells you which card to tap at the checkout. Whether to use points or pay cash for a flight. Whether a transfer to Velocity or Qantas is worth it. Whether that new card is actually good value. And it tracks your savings over time so you can see the difference adding up.

No bank commissions. No sponsored recommendations. Just the numbers.

This is money you're already spending

PointMate doesn’t ask you to spend more. It takes the money you’re already handing to supermarkets, petrol stations, and insurers, and makes sure you’re getting the maximum value back from every transaction.

In a year where every household is being squeezed, your loyalty points are one of the few places you can claw back real value without cutting back on anything.

You’re already earning the points. You might as well know what they’re worth.