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AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

(ANZ)
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Australia and New Zealand Banking : ANZ customers start earning cash for spending

08/22/2021 | 09:44pm EDT

Created in partnership with Cashrewards and exclusive to ANZ personal credit and debit card customers, Cashrewards Max provides members a percentage cash back of what they spend when shopping, which can then be withdrawn direct to their bank account.

ANZ Head of Cards and Personal Lending Mike Shurlin said: 'This partnership is one of the many ways we are providing additional value for our customers.'

'We want to help our customers improve their financial wellbeing. Whether a customer is saving for a home or paying down a loan, Cashrewards Max can support our customer's financial goals,' Mr Shurlin said.

'It rewards customers' current spending behaviour, meaning they can buy now, save now, directing their cash reward to where it will help them the most.'

Customers using Cashrewards Max will now be able to earn card-linked cashback rewards when they shop online or in-store at more than 1700 brands including Amazon, Uber Eats, Uniqlo, Apple and The Iconic.

The partnership provides customers who use their ANZ linked card with access to offers with higher cashback rates and faster cashback approvals compared to the standard Cashrewards program.

Customers of ANZ's existing credit card rewards programs will also be able to enjoy the benefits of Cashrewards Max as it can be stacked on top of their existing reward program benefits, allowing them to earn both reward points and cashback on their purchase.

ANZ customers simply need to sign up or sign in to a Cashrewards account at cashrewards.com.au/onboarding-anz and link their eligible ANZ card to benefit from these rewards.

For more information visit www.anz.com/crmax

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Disclaimer

ANZ - Australia & New Zealand Banking Group Ltd. published this content on 23 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 August 2021 01:43:03 UTC.


© Publicnow 2021
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Sales 2021 17 363 M 12 977 M 12 977 M
Net income 2021 6 130 M 4 581 M 4 581 M
Net Debt 2021 - - -
P/E ratio 2021 13,7x
Yield 2021 4,94%
Capitalization 78 840 M 59 043 M 58 923 M
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Capi. / Sales 2022 4,35x
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Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 28,24 AUD
Average target price 29,70 AUD
Spread / Average Target 5,17%
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Managers and Directors
Shayne Cary Elliott Chief Executive Officer & Executive Director
Farhan Faruqui Chief Financial Officer
Paul Dominic O'Sullivan Chairman
Gerard Florian Group Executive-Technology
Michael Liarakos Chief Compliance Officer