AMP study finds rewards prompt 27% of Australians to spend more than planned

• AMP Bank GO research found 27% of Australians spent more than planned because of rewards programs.
• Rewards prompted 25% to buy sooner than planned; 17% bought something they otherwise would not have purchased.
• Another 14% chose a more expensive option, highlighting rewards programs’ influence on purchasing decisions.
• Points felt like free money or value to 62%; 58% collected them without knowing their worth.
• Millennials were most likely to overspend because of rewards, at 38%, compared with 35% of Gen Z respondents.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AMP Limited published the original content used to generate this news brief on November 09, 2026, and is solely responsible for the information contained therein.