How to maximise your Investback

How does Investback work?

With Investback, you earn 1% back of what you spend on eligible purchases made with your Sharesies Debit Mastercard. There’s no minimum spend and no cap on the amount you could earn, and you start earning from your very first transaction. 

Your Investback gets invested for you weekly, and you choose where it goes. You can put it into your Sharesies Kiwisaver Scheme, your advised portfolio, or any one of the 10,000+ companies and funds across NZ, US, and Australian markets available through Sharesies. If you’re not sure, then you can opt for the default nominated investment, Smart Global ESG ETF. 

Here’s how it adds up:

Let’s say you spend $1,000 a week on eligible purchases made with your Sharesies Debit Mastercard.

$1,000 x 1% = $10 in Investback. 

If you spent the same amount each week for a year, then that’s an extra $520 you’d get invested—just for using your Sharesies Debit Mastercard! 

Six ways to maximise your Investback

Maximising your Investback doesn't mean spending more—it’s about making the most out of the spending you’re already doing. Here are six ways to make earning Investback easy:

Use your Sharesies Debit Mastercard as your everyday card

Make your Sharesies card your go-to for the spending you already do. Groceries, fuel top-ups, those sneaky drive-thru runs on the way home—you’re spending anyway, so why not earn Investback while you’re at it? Many large retailers (i.e. supermarkets, retail chains, fuel providers) usually don’t add a surcharge, so you can generally use your Sharesies card at these sorts of stores without copping a fee—more on surcharges below.

Set up a payday automatic payment

Avoid getting caught short at the checkout by setting up an automatic payment that moves money into your Spend account every payday. You can reach for your Sharesies Debit Mastercard with confidence, knowing it’s topped up and ready to go.

Add your Sharesies Debit Mastercard to your phone or watch

Set your card up on Apple Pay or Google Pay so it’s always on hand. That way, if you forget your wallet at home, you can still pay from your phone or smartwatch. You’ll miss the chance to show off your stylish pink card, but at least you won’t miss out on the Investback.

Make your Sharesies Debit Mastercard your default payment method

Save a virtual card in the apps and websites you use most, like rideshares, food delivery apps and online shopping sites. Make sure your device and accounts aren’t shared first, then set it up once, and let your ride home or takeaway order earn Investback without you having to give it another thought.

Pay your subscriptions and bills using your Sharesies Debit Mastercard

Most regular payments, like your gym membership, streaming services, and phone and internet bills, leave your account without so much as a look back. Switch them to be paid from your Sharesies Debit Mastercard and eligible payments will earn 1% back every time they’re charged. 

Use your Sharesies Debit Mastercard for bigger, planned purchases

Larger purchases you’ve already got planned can add up to meaningful Investback in one go. Maybe you’re booking flights for a big trip you’ve been dreaming about, or kitting out a new home. Transfer the amount you need into your Spend account ahead of time, pay with your Sharesies card, and watch the Investback roll in.

A note on surcharges

Your Sharesies Debit Mastercard is processed using the credit card network, rather than the EFTPOS network. In New Zealand, some merchants add a processing fee—otherwise known as a surcharge—for card payments made this way. Learn more about why your Sharesies card uses the credit network.

Before paying with your Sharesies card, it’s worth checking whether the merchant adds a surcharge for cards that use the credit network. If they do, you’ll still earn Investback on the total amount, including the surcharge.

Ok, now for the legal bit

Sharesies Financial Limited provides the Spend service, including Investback. The Spend debit card is issued by Change Labs NZ Pty Ltd pursuant to license by Mastercard. 

Spend fees and Investback earn rate are subject to change. Merchants may apply surcharges. The default nominated investment for Investback is not a recommendation or opinion by Sharesies Financial Limited or any other Sharesies entity as to whether or not the investment is a good investment or suitable for any particular purpose or investor. Sharesies Financial Limited does not provide advice or recommendations. 

Sharesies Limited provides the Invest service. Sharesies Limited is a registered Financial Service Provider (FSP550746) and an accredited participant on the New Zealand Stock Exchange (NZX). Investing involves risk. You aren’t guaranteed to make money, and you might lose the money you start with.