Worth buying this week?
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What a good week looks like
Everyday Rewards: 20x is par
6 of the 9 tracked weeks with a multiplier offer hit 20x, which is also the best we've ever recorded — so 20x is both the typical offer and the ceiling. That's 10% back on a $100 card. The other 3 came in lower, as low as 10x.
Flybuys: 20x is par
5 of the 5 tracked weeks with a multiplier offer hit 20x, which is also the best we've ever recorded — so 20x is both the typical offer and the ceiling. That's 10% back on a $100 card.
What a multiplier is worth
Both programs pay a point per dollar as standard and value a point at 0.5c (2,000 points = $10), so the multiplier converts straight to cash back: 5x = 2.5% · 10x = 5% · 15x = 7.5% · 20x = 10% · 30x = 15%. Anything under 10x is barely worth a special trip.
The catch is always the cap
These offers are capped — commonly two or three cards per transaction — and exclude Visa, Mastercard and the retailer's own cards more often than not. The cap is what decides whether an offer is worth a trip, so read it before you go.
Every offer we've logged
| Week ending | Where | Cards | Offer | Back on $100 |
|---|---|---|---|---|
| 20 Oct | Coles | Webjet, David Jones & More | 20x | 10% |
| 20 Oct | Woolworths | Ultimate Gift Cards | 20x | 10% |
| 13 Oct | Coles | Uber, IKEA & Google Play | 20x | 10% |
| 13 Oct | Woolworths | Vanilla Visa Gift Cards | 10x | 5% |
| 6 Oct | Coles | Ultimate Gift Card | 2,000 pts | $10 |
| 6 Oct | Woolworths | TCN & Cinema Gift Cards | 20x | 10% |
| 29 Sep | Coles | Visa Gift Cards | 1,500 pts | $7.50 |
| 29 Sep | Woolworths | Uber, Good Food & More | 20x | 10% |
| 22 Sep | Woolworths | Mastercard Gift Cards | 10x | 5% |
| 20 Sep | Kmart | Ultimate Gift Cards | 20x | 10% |
| 15 Sep | Woolworths | Gift Cards | 20x | 10% |
| 8 Sep | Coles | Gift Cards | 20x | 10% |
| 26 Aug | Big W | Gift Cards | 20x | 10% |
| 25 Aug | Woolworths | Visa Gift Cards | 10x | 5% |
| 18 Aug | Coles | Restaurant Choice and Luxury Escapes gift cards | 20x | 10% |
| 18 Aug | Woolworths | Apple gift cards | 20x | 10% |
- Everyday Rewards base earn rate: Woolworths: Everyday Rewards (checked 2026-10-25)
- Flybuys base earn rate: Point Hacks: Flybuys guide (checked 2026-10-25)
Asked and answered
What gift card offer is on at Woolworths this week?
15x Everyday Rewards points on TCN & Xbox Gift Cards, until 27 Oct. On a $100 card that's 1,500 points, worth $7.50 — about 7.5% back. Caps and excluded cards apply.
What counts as a good gift card points offer?
20x. Across 12 weeks of tracking Coles and Woolworths, Everyday Rewards has run a median of 20x and Flybuys has run a median of 20x. Because 20x is also the best we've ever recorded, an offer at that level is as good as these programs get, and anything below it is a week worth skipping if you can.
How much is a 20x gift card offer actually worth?
About 10% off. You earn 20 points per dollar instead of one, so a $100 gift card returns 2,000 points, and at the published 2,000 points = $10 rate that's $10. The catch is the cap: most offers limit you to two or three cards per transaction.
Can you buy gift cards with points?
That's the other direction, and it's a worse deal. Flybuys money off explicitly excludes gift cards, and buying airline gift cards with Qantas or Velocity points returns well under 1c a point. Earning points on a gift card you were going to buy anyway is the good side of this trade.
Is there a Coles gift card offer this week?
Not this week. Coles has run one in 6 of the weeks we've tracked, most recently the week ending 20 Oct. This page updates daily, so it will show one as soon as it starts.
What Flybuys points are worth · What Everyday Rewards points are worth · Convert Flybuys to Velocity · This week's offers · Points apps compared