What matters this month: ANZ has closed Cashrewards: ANZ owned Cashrewards, with 2.5 million members, closed. Originally independent, Cashrewards was acquired by ANZ as its bank wide loyalty offering eschewing a Buy Now Pay Later (BNPL) investment and calling it "Buy Now Save Now" in a $100 million takeover bid in October 2021. The stated goal was to integrate Cashrewards into the ANZ app and give premium cash back offers to its 4.7 million card holders under a Cashrewards Max banner. That plan was halted in September 2023.