Rwrds is a platform that analyzes reward credit cards, factoring in bonuses, fees, and point values across various programs like Qantas, Velocity, and bank rewards. By providing a clear view of actual earnings, Rwrds helps users choose the best card to maximize their rewards based on spending habits.
Funding
Funding not disclosed
Founders
Product
Problem
Consumers often struggle to determine which reward credit card offers the best value due to complex bonus structures, varying fees, and differing point values across loyalty programs. This complexity makes it difficult to choose a card that aligns with individual spending habits and maximizes potential rewards.
Solution
Rwrds is a comparison platform that simplifies the process of selecting reward credit cards by analyzing various factors, including bonus points, annual fees, and point-to-dollar values across programs like Qantas, Velocity, and Singapore Airlines Krisflyer. The platform enables users to input their preferred travel destinations and class to estimate the number of trips achievable with different cards. By aggregating and standardizing credit card offer data, Rwrds provides a clear, comparative view of potential earnings, empowering users to make informed decisions and optimize their rewards based on their spending profiles.
Target Audience
The primary audience includes consumers interested in maximizing rewards from credit card spending, particularly those focused on travel-related rewards such as frequent flyer points.
Features
- Comparison of credit card offers across multiple rewards programs (Qantas, Velocity, Krisflyer, etc.)
- Calculation of potential flight redemptions based on user-defined origin, destination, and travel class
- Displays the number of return trips achievable with bonus points for a selected card
- Aggregation of bonus points, annual fees, minimum credit limits, and spending requirements
- Filters to show only eligible offers based on card history
- Leaderboard to track Qantas Points progress