What Are SmartPoints, and What Can You Use Them For?
The launch of SmartRewards from MoneySmart gives you the ultimate flexibility to choose the gifts you want. At the heart of the programme is SmartPoints, our rewards currency. They’re the magic beans that power the SmartRewards programme. You earn SmartPoints when you apply for a financial product and use them to redeem gifts from our Rewards Store. How do you earn SmartPoints? How do they work, and what can you redeem with them? Today, we’re spilling the beans.
What are SmartPoints?
SmartPoints is our rewards currency. When you apply for selected financial products on MoneySmart, you’ll earn SmartPoints. These will be credited into your MoneySmart account for you to redeem rewards with. (More on that later!)
You might be wondering, why SmartPoints? SmartPoints offer you total flexibility. You decide how to use them, whether it’s for everyday essentials or special luxury items you’ve always wanted. With SmartPoints, you’re in control of what, when, and how you redeem your rewards.
What can you redeem with SmartPoints?
Apple products like iPads, iPhones, AirPods, AirPods Max, MacBook Air and more
Electronics like SAMSUNG Galaxy Z Flip 6 5G and JBL Charge 5 Wireless Speaker
Travel such as BERMAS Spaceship Luggage 2.0 Suitcase, GoPro HERO12 Black Action Camera and Jollying Pebble Luggage
E-vouchers from Taste, Uber , Wellcome and more
Audio such as Bose SoundLink Revolve II Bluetooth® Speaker, Apple AirPods and Shokz OpenRun Pro4
Browse the full rewards selection on the Rewards Store.
How do you earn SmartPoints?
You can earn smartpoints by applying selected personal finance products including Credit Cards and Personal Loans.
To do this, you can check out our filter “Earn SmartPoints” on Credit Card and Personal Loan to find products that you can earn SmartPoints, and redeem the gifts you like on Rewards Store.
Browse the Rewards Store now and redeem your favourite gifts!
How to redeem your favourite gifts using SmartPoints
There are 3 ways you can use SmartPoints:
Redeem a gift in full
If you’ve accumulated enough SmartPoints, you can redeem a gift outright without spending a single dollar. Whether it’s a new gadget or shopping voucher, you have the freedom to fully cover the cost with your SmartPoints. It’s the simplest and most straightforward way to treat yourself.
Redeem 2 or more gifts
Have more SmartPoints to spare? Don’t just settle for 1 gift—redeem any combination of gifts by splitting your points between multiple items. This maximises your rewards haul, letting you diversify and enjoy more from your SmartPoints.
Use SmartPoints to get a big discount
This method is the perfect option when you’re eyeing a high-value item—say, a brand new iPhone. If you don’t have enough SmartPoints to redeem it in full, no worries. You can still use your SmartPoints to significantly reduce the price of it and pay the remaining amount in cash. Your SmartPoints help you to offset the total cost of the item, and you just need to top up for the remaining SmartPoints. Purchase SmartPoints on our Rewards Store at a rate of $10 for 100 SmartPoints.
When will I receive my redeemed rewards?
When you redeem a physical product, it usually takes up to 21 working days for delivery after your order is confirmed. Keep in mind that this is just an estimate, and delivery times may vary due to factors outside of MoneySmart and the courier’s control.
For digital vouchers, you’ll receive them via email within 7 working days after payment is completed.
If you have any questions or concerns, feel free to reach out to us at [email protected]—we’re here to help.
How long does the whole process take?
From the day you sign up for a financial product to the day you receive your redeemed reward, the entire process can take 3 months or more. For credit cards, it depends on various factors during the process—here’s a rough idea of what that will look like:
- Apply for financial products through MoneySmart, such as credit cards, loans and securities accounts, etc.
- Submit the claim form to MoneySmart
- Reach the requirements needed for the SmartPoints campaign (if applicable)
- MoneySmart will validate the eligibility after the campaign ends
- If your application is eligible, we will credit the SmartPoints to your account, you can check the status in "Manage SmartPoints"
- Redeem your reward(s) by using your SmartPoints (SmartPoints will directly convert into cash and FPS to your account for some cash rebate campaign)
Apply for financial products and submit the claim form from MoneySmart. After meeting the minimum eligible spending requirement or other requirements (if applicable), you can earn the corresponding SmartPoints, and you will receive your SmartPoints in as fast as 5 weeks. The redemption process will take up to 7 days for digital vouchers and 21 days for delivery of physical items. If you use them to redeem a gift immediately, you should get it within 3 weeks. All in all, the process will take you around 2-3 months.
Why you should use the Rewards Store?
Our Rewards Store offers only 100% authentic products, so you can redeem the rewards you want with confidence. You’ll also enjoy the flexibility of using your SmartPoints to choose whatever reward your heart desires, whether you’re after Apple products, electronics, office equipment, or vouchers.
Furthermore, get your rewards with no hidden costs or delivery fees. From tech upgrades to everyday essentials, every gift you redeem is delivered straight to you without any extra charges.
Redeeming SmartPoints at our Rewards Store is the perfect way to get high-quality, genuine items at great prices or even for free with SmartPoints. Start earning them today by exploring our credit cards and personal loan and more to see what’s on offer!
Disclaimer
All gift redemption are subject to corresponding terms and conditions. MoneySmart reserves the right to all matters relating to gift redemption.