In this guide
Along with concessional tax rates and incentives like the co-contribution, your super account can also offer a range of less talked-about benefits you may have overlooked.
1. Discounts and rewards
Some super funds partner with retailers and other providers to offer their members goods and services at a lower cost.
For example, members may have access to discounted private health insurance, holidays, educational courses, or even gift cards to use on everyday shopping like groceries.
Check whether your fund has a rewards program and if you can save on any purchases you have planned.
Even if your fund doesn’t directly offer rewards, you could benefit from the Grow My Money service. Grow My Money is a program that allows you to accumulate rewards from your regular shopping that can be turned into super contributions paid into your account on a regular basis.
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