Cashrewards, a popular Australian cashback platform, abruptly shut down in September 2025 after more than 11 years of operation. The company did not provide an official explanation for its sudden closure. However, media reports and analysts suggest the closure might be linked to broader financial or strategic challenges, including potential cost-cutting measures by key partners or the evolving market environment. Users were advised to withdraw any earned cashback funds by October 24, 2025, and the platform committed to honoring unused gift cards and pending cashback transactions made up to September 11, but no new cashback offers will be available beyond that date. The shutdown has caused concern among the platform's over two million members who had to act quickly to secure their balances.
